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illumifin, a leading provider of third-party insurance administration and technology, today announced that it has completed its acquisition of LTCG to create one of the largest providers of insurance services in North American markets. long-term care, life insurance, health and annuities.
LTCG’s proprietary long-term care delivery solutions and claims capabilities will be integrated with illumifin’s third-party delivery and technology platform. This combination will provide end-to-end digital capabilities driving value for insurance companies.
“Today marks an important milestone in illumifin’s journey to become the leading provider of insurance services and software in our market,” said
illumifin was founded by
“We couldn’t be more excited to support the illumifin leadership team on this journey of transforming the market through innovation,” said
“With the addition of LTCG, illuminifin is now able to create transformational change in the insurance industry through its market-leading solutions,” said
About Illuminafin
illumifin provides third-party administration and technology services to individual and group insurers. The company, launched in 2021, combines insurance industry knowledge, technology leadership and operational execution to prepare insurers for the digital future. illumifin is a diverse, passionate and empowered team of insurance specialists committed to the growth and success of its clients. With illuminifin there is a brighter future. To visit www.illumifin.com.
About LTCG
LTCG is a leading provider of administrative solutions and clinical services for the long-term care and life insurance industry, with more than two decades of experience in this field. The company caters to all types of client needs and policy requirements, from processing applications and underwriting new business to claims and open and closed block administration. LTCG’s advanced data analytics, actuarial and risk management capabilities and unparalleled industry expertise can help organizations manage their business and develop emerging products such as hybrid life/care policies long term. In addition, LTCG offers its clients unique risk management insights based on the industry’s largest database of long-term care underwriting and claims results. For more information, visit www.LTCG.com.
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Hoplon pursues proprietary investments focused on the digital economy that disrupt their respective end markets, including insurance, financial services, IT and consulting services, healthcare, digital infrastructure, and media industries. For more information about Hoplon, please visit www.hoploncapital.com.
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Source: illuminafin
