Business Insurance

Oregon-based LTC Global Inc. has completed its acquisition of American Insurance Agency Inc., a life and health insurance agency based in Lebanon.

Mike Beckman, principal of American Insurance Agency, has joined the LTC Global group of companies as Regional Manager of the annuity division.

The acquisition represents LTC Global’s first strategic expansion of its annuity distribution network since LTC Global began its annuity business in March 2007 in connection with the acquisition of Senior WealthCare Insurance Services.

“We are confident that this acquisition will bolster our growing annuity business in both the short term and long term,” says Thomas A. Skiff, Chief Executive Officer of LTC Global in a news release.

Tags: business, chief executive, companies, health, health insurance, insurance, insurance agency, insurance service, Insurance Services

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