(Image source: illumifin promotional video.)
illumifin, a Greenville, S.C.-based third-party insurance administration and technology provider, announced that it has named Peter Goldstein as its new president and chief executive officer, effective immediately. Goldstein has nearly 30 years’ experience in the life, health, long-term care and annuity insurance industry and was CEO and co-founder of LTCG, Inc.
“In this new role, I am excited to take the broader set of capabilities at illumifin to the market in order to better serve our customers, the industry and, most importantly, our people,” Goldstein comments.
illumifin was founded by Abry Partners, a Boston-based private equity firm, and Hoplon Capital, an asset manager focused on digital transformation and disruption.
“As an experienced insurance industry veteran, we welcome Peter in his new role and look forward to him leading illumifin in the next exciting phase for the business,” comments Brent Stone, Partner, Abry Partners.
“We have worked closely with Peter since the acquisition of LTCG in his role as President of illumifin,” Robert Arsov, founder and Partner, Hoplon Capital. “He has the full support of the Board in guiding the organization through its next phase of growth and transformation.”