Health In Tech, a Nasdaq‑listed insurtech business specialising in artificial intelligence for the insurance sector, has announced a strategic partnership with software engineering firm Ciklum to broaden and advance its stop‑loss health insurance marketplace.
The Health In Tech platform, which already supports more than 800 brokers, third‑party administrators (TPAs), managing general underwriters (MGUs) and carriers across 40 US states, will see significant enhancements across administrative, sales and analytical functions as a result of the collaboration. According to FF News, these improvements are designed to make the system more efficient, integrated and user‑friendly.
Under the terms of the agreement, Ciklum will build out both front‑end and back‑end capabilities, delivering a more cohesive and technologically robust environment. Future upgrades will span AI‑driven bindable quoting tools, automated underwriting workflows, enhanced reporting modules and advanced analytics dashboards. The platform’s technological backbone will remain on Amazon Web Services (AWS), with a focus on streamlining data management and reporting processes to support faster, more accurate decision‑making.
The combined development effort aims not only to boost operational efficiency for current users but also to facilitate expansion into larger employer markets. By consolidating key functions — from quoting and underwriting to administration and analytical reporting — Health In Tech expects to improve platform usability and drive broader adoption across the insurance ecosystem.
Key Figures at a Glance
| Metric / Feature | Current Status | Post‑Partnership Outcome |
|---|---|---|
| Supported Users | ~800 brokers, TPAs, MGUs, carriers | Expected growth in users and market reach |
| Operational Scope | 40 US states | Expanded analytics and sales functionality |
| Platform Host | Amazon Web Services (AWS) | Continued AWS usage with enhanced services |
| Core Capabilities | Quoting, underwriting, reporting | Unified workflows with AI‑enabled enhancements |
Tim Johnson, Chief Executive Officer of Health In Tech, underscored the company’s commitment to simplifying self‑funded stop‑loss insurance. “Health In Tech was founded on the belief that self‑funded stop‑loss insurance should be simple, streamlined, and widely available,” he said. “We are delighted to partner with Ciklum, whose extensive AWS expertise and AI‑powered approach to experience engineering will help us eliminate fragmented workflows and reduce reliance on multiple disparate systems. This strategic investment will support greater platform adoption, improve customer retention and drive long‑term revenue growth.”
Ciklum, which provides AI‑driven software engineering and experience design services to large enterprises globally — including in healthcare and insurance — will bring its Prodigy AI framework and cloud‑native engineering competencies to bear on the project. Raj Radhakrishnan, Chief Executive Officer of Ciklum, described Health In Tech as “redefining how self‑funded stop‑loss insurance is delivered.” He added, “By uniting Health In Tech’s vision with our deep healthcare expertise and scalable, AI‑native engineering practices, we aim to deliver transformational improvements in operational efficiency.”
Health In Tech has framed the partnership as part of its broader strategy to invest in cutting‑edge technology infrastructure, enhance analytics capabilities and support sustained growth within the stop‑loss insurance market.
