Business Details
24 Years
experience
Insurance & Financial Solutions for the Senior Market
Founded in 2002, LTC Global has established itself as a leader in providing capital, sales, and marketing solutions for the senior market insurance industry. Our expertise spans life and health insurance distribution, agency financing, and strategic acquisitions, supported by a network of over a dozen agencies nationwide. With a team of seasoned actuaries, former law firm partners, and financial experts, we deliver tailored solutions to carriers, agencies, and agents. Our Commission Acceleration Program (CAP) offers financial flexibility by purchasing renewal commissions, while our agency acquisitions and carrier partnerships enhance market reach and operational efficiency.Headquartered in Woodinville, WA, we serve 45 states through a combination of career agents, brokerage operations, and call center partnerships. Our commitment to innovation and client-centric service has positioned us as the largest distributor of Long Term Care insurance and a market leader in life and health insurance distribution. By leveraging 20 years of industry experience and a robust network of professionals, we simplify complex insurance challenges for our partners. Our focus on strategic growth, financial resources, and operational excellence ensures clients receive customized solutions that drive success in a dynamic market.
Services
Commission Acceleration Program
Agency Financing
Carrier Partnerships
Agency Acquisitions
Internship Opportunities
Details
- Year established: 2002
Highlights and features
- We have 20+ years of experience in senior market insurance solutions.
- Our national network includes over a dozen agencies and marketing partners.
- We offer tailored financing through commission purchases and agency acquisitions.
- Our team includes actuaries, former law firm partners, and financial experts.
- We simplify complex insurance challenges with client-centric solutions.
Services
Commission Acceleration Program
Our Commission Acceleration Program (CAP) provides life and health insurance agents with financial flexibility by purchasing renewal commissions for cash. This solution allows agents to access immediate funds for business expansion, personal investments, or unexpected expenses. By leveraging our actuarial expertise, we assess policy risk features to deliver fair valuations.
Agency Financing
We offer tailored financing solutions for insurance agencies through commission purchases, heaping programs, and acquisition support. Our services enable agencies to grow, diversify, or transition their business while maintaining operational stability. Customized strategies address specific financial and strategic goals.
Carrier Partnerships
As a national distributor of life and health insurance products, we partner with carriers to improve capital and reserve positions. Our solutions include structured commission programs, product development, and marketing strategies that enhance market reach and profitability for carriers.
Agency Acquisitions
We actively acquire life and health insurance agencies nationwide, providing sellers with liquidity while expanding our distribution network. Our acquisitions support agents through access to financial resources, operational expertise, and national market presence.
Internship Opportunities
Our internship program offers hands-on experience in actuarial analysis, data management, and financial operations. Participants work alongside industry experts to gain skills in asset valuation, acquisitions, and project management within the insurance sector.
People
Daniel G. Schmedlen, Jr.
Chief Executive Officer
Daniel Schmedlen has served as CEO of LTC Global since 2015, overseeing acquisitions and financing transactions. A former partner at Nixon Peabody LLP, he holds a J.D. from Washington & Lee University and a B.A. from Yale University.
Sukhjit Bassi
Chief Operating Officer
Sukhjit Bassi has been LTC Global's COO since 2015, with 23+ years of experience in insurance and technology. He holds a Computer Science degree from Punjabi University and has led technology consulting practices in North America and Asia.
Paul B. Richardson
Chief Financial Officer
Paul Richardson joined LTC Global in 2019 as CFO, bringing expertise in asset-backed securitizations from KeyBanc Capital Markets. He holds a B.A. from Princeton University and manages capital markets strategies for the company.
Mark S. Dinsmore
Chief Strategy Officer
Mark Dinsmore, a co-founder and Fellow of the Society of Actuaries, has led LTC Global's commission purchase programs since 2003. He holds a Physics degree from UC Santa Cruz and oversees strategic initiatives and agency acquisitions.
Robin Cunningham
Actuary
Robin Cunningham rejoined LTC Global in 2023 as an actuary after teaching actuarial science. A Fellow of the Society of Actuaries and author of an actuarial textbook, she holds a PhD in Mathematics from the University of Michigan.
Questions
What services does LTC Global offer?
We provide commission purchases, agency financing, carrier partnerships, agency acquisitions, and internship opportunities in the life and health insurance industry.
How does the Commission Acceleration Program work?
Our CAP allows agents to sell renewal commissions for immediate cash, assessed through actuarial analysis of policy risk features like lapse rates and policyholder claims.
In which states do you operate?
We serve clients across 45 states through a national network of agencies and distribution partners.
Can LTC Global help agencies grow their business?
Yes, we offer tailored financing solutions and acquisition support to help agencies expand, diversify, or transition their operations.
What expertise does your team have?
Our leadership includes actuaries, former law firm partners, financial experts, and insurance veterans with decades of combined industry experience.
