Stone Point Gets Long Term Care from Genstar and UniVita
June 10, 2014
Stone Point Capital has acquired Long Term Care Group from Genstar Capital and UniVita Health. LTCG provides outsourcing and claims management to long-term care insurers, as well as risk management analysis. It administers over 1.4 million policies, as well as more than 40,000 active claims, paying more than $1.2 billion in benefits in 2013. Genstar Capital formed UniVita Health, a senior care services platform, in tandem with the acquisition of LTCG in 2008.