LTC Global Inc. says it has joined with Joseph Pulitano to form a new long-term care insurance distribution operation, LTC Agency Operations LLC.
LTC Agency Operations will absorb ACSIA Partners and LTC Global Agency from LTC Global Inc., and Pulitano’s Advanced Resources Marketing business, LTC Global Inc. says.
LTC Agency Operations will end up with relationships with about 500 long-term care insurance specialists.
Pulitano, who has been the president of Advanced Resources Marketing, will be the chief executive officer of LTC Agency Operations.
Henrik Larsen, the chief executive officer of Advanced Resources Marketing, will become the chief operating officer at LTC Agency Operations.
LTC Global Inc. has not disclosed the terms of the deal or described the ownership structure. It says it will use its association marketing program and Internet marketing program to generate leads for the new, combined LTCI distribution operation.