LTC Global Inc., a company that provides financing for long-term care insurance (LTCI) buyers and distributors, is setting up an LTCI insurance agency.
The new LTC Global Agency L.L.C. will have contracts with nine independent regional general agents that have been part of the internal retail distribution force at Genworth Financial Inc. (NYSE:GNW).
The agency will operate separately from an existing LTC Global LTCI agency unit, ACSIA Partners L.L.C. Deborah Skiff, who worked for LTC Global from 2005 to 2013, will run the new agency.
LTC Global expects the agency to work with about 250 independent LTCI agents. The agents will sell LTCI products underwritten by Genworth and other companies.
LTC Global will get leads for the agents at the unit from Sigma Marketing Services L.L.C.
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