NewsWhat's happening at Fuzion and in LTCi.
Long-term care insurance (LTCi) is a niche section of the insurance industry. While increasingly more of the aging population is requiring long-term care (LTC) services, sales of LTCi continues to decrease and the industry is continuing to shrink and become highly concentrated. However, there are some companies that are still in an ideal position to acquire other blocks of business. A company that acquires additional LTCi blocks must have adequate capital. Equally as important, they must have resources and technology in place to manage the new business. Fuzion has developed client trust in this capability, enabling our client to acquire another closed block of long-term care business.read more
Several Fuzion representatives attended the 2017 LTC International Forum’s Annual meeting in San Juan, Puerto Rico May 3 – 5. We were pleased to be a sponsor of this event that brings together leaders in the long-term care insurance industry that are interested in the advancement of administration, claims and underwriting knowledge.read more
Fuzion participated in the 24th annual Take Our Daughters and Sons to Work® Day on April 27, 2017. Many associates participated in the program with 18 students spending the bulk of the work day at Fuzion. The theme of this year’s international program was “Count on Me!” Resources were available on the non-profit’s website to aid organizations in hosting students to show and teach them what it is like to be part of a workplace team. A key message is it takes all team members acting responsibly to make an organization successful. Take Our Daughters and Sons to Work® Day is consistently held the fourth Thursday in April, during which last year 39 million people participated in the U.S. alone.read more
Carmel, Ind. – Barry Staldine has been appointed to the position of president and chief executive officer of Fuzion by its Board of Trustees. His industry experience, coupled with his client-focused philosophies and vision for growth will chart the course for Fuzion’s future. In his new role, Barry will provide strategic direction and oversight to growing Fuzion through the delivery and continued development of results-oriented solutions to the senior insurance industry.
Barry came to Fuzion in 2015 as their vice president of business management and was quickly moved into the role of chief operating officer. “I saw Fuzion beginning to fill a gap in the long-term care insurance industry and was excited to be a part of solving this dilemma,” said Staldine.read more