“Illumifin to acquire LTCG to expand third-party administration capabilities”

“Illumifin to acquire LTCG to expand third-party administration capabilities,” by Ross Norton, GSA Business Report

 

Quote:

“Illumifin, a Greenville-headquartered insurance third-party administration and software provider, has signed an agreement to acquire LTCG, a provider of administrative solutions and clinical services to the long-term care insurance industry. The transaction is expected to close within the next 60 days, according to a news release. … ‘Given our 25-year history as the leading partner for long-term care insurers and our deep customer relationships, the integrated company will allow us to build more strategic partnerships with our clients and help them enhance the customer experience for both policyholders and distributors,’ LTCG CEO Peter Goldstein said in the release.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Hearty congratulations to our longtime friend and supporter Peter Goldstein and to his extraordinary company, Center-corporate-member LTCG.