Non-Profit Focus As a non-profit insurance provider owned by an independent trust, SHIP emphasizes high-quality service and meeting policyholder needs over profit. This presents sales opportunities for products and services that align with their mission-driven approach and commitment to long-term care solutions.

Specialized Market SHIP’s exclusive focus on long-term care insurance allows for targeted outreach to organizations and individuals seeking comprehensive LTC coverage, creating a niche for tailored technology solutions, claims management systems, and customer engagement platforms.

Strong Industry Connection Having acquired LifePlans, Inc. and operated within the same sector as key competitors like Genworth and Transamerica, SHIP is well-positioned to expand collaborations or integrate innovative financial and healthcare technologies to strengthen its market presence and service capabilities.

Technology Integration Utilizing modern tech stacks such as Google Cloud CDN and HTTP/3, SHIP demonstrates an openness to digital transformation, which could be leveraged to enhance claims processing, customer portals, and data analytics, promising efficiency gains and better customer experience.

Revenue Potential With an estimated revenue between one and ten billion dollars, SHIP is a significant player in the industry, offering substantial cross-selling and partnership opportunities for technology providers and service firms aiming to penetrate the long-term care insurance market.