Business
Limitless Venture Group, Inc. Continues Its Expansion into the $250 Billion Dollar MGU/TPA Industry with A Strategic Partnership
Limitless Venture Group, Inc. Continues Its Expansion into the $250 Billion Dollar MGU/TPA Industry with A Strategic Partnership.
About this update from Limitless Venture Group Inc.
[{"type":"text","content":"TULSA, OK / ACCESSWIRE / December 9, 2020 / (OTC PINK:LVGI) Limitless Venture Group, Inc. ("LVGI" or "the Company") today announced it has signed a consulting agreement with Nexus Insurance Marketing Group, LLC (Nexus) of Austin, Tx.Nexus is a distributor and consultant for niche products and services in the insurance industry with a primary focus on self-funded health insurance and related programs servicing Third Party Administrators, Broker/Consultants, and Associations. Additionally, Nexus is a Partner/Investor with Yottaflow, Inc., the developer of a productivity app designed for TPAs, Brokers, and Managing General Underwriters to optimize the insurance quoting process, analysis and claim filing, as well as improve workflows by 'standardizing' the process end to end."The health insurance industry is in a terrific position to transform people's health and accessibility to meaningful treatment and wellness programs via technology. TPA's are particularly adaptable to these strategies. We are excited to partner with LVGI in creating an ecosystem led by innovative TPAs." says Kenneth Walker, Nexus Co-Founder.The Nexus management team has collectively over 60 years of experience in the US Third-Party Administration (TPA) and Insurance Adjustor market, currently sized at over $250B with 9% CAGR projected thru 2026, and is contracted to source strategically aligned acquisition prospects in this vibrant marketplace. Nexus' experience and reputation in this market is a critical component in securing LVGI's "Flagship" entity whereby allowing LVGI to execute strategic plans that includes innovative technology and continuous market capitalization. "This partnership allows us to expedite our strategic objectives in this market, as well as LVGI's promise to shareholders," says Jason Bennett, CEO of Unna, LLC, LVGI's technology partner, and a Principle in orchestrating this union.Nexus Co-Founder Solon Webb added, "LVGI understands that a TPA can be so much more than just a claims payer. I look forward to assisting them in meeting their strategic objectives."Joseph Francella, LVGI CEO states, "We have entered the healthcare industry with our acquisition of Jasper Benefit Solutions and this is the next step in making a big difference in the live...