Health In Tech, Inc. (the "Company" or "Health In Tech") (NASDAQ:HIT), an AI-enabled InsurTech platform company, today announced a strategic collaboration with Ciklum, a global AI-powered experience engineering and software development firm, to enhance the Company's AI-driven InsurTech platform. The HIT's platform operates as an  integrated self-funded stop-loss health insurance marketplace serving more than 800 insurance brokers, third party administrators (TPAs), managing general underwriters (MGUs) and carriers in 40 states. 

Ciklum's collaboration will optimize the platform's administrative, sales, and analytics capabilities. This initiative will expand both front- and back-end functionality to create an integrated technology environment—from AI-driven bindable quotes to AI-enabled financial reporting and analytics—while streamlining data infrastructure and reporting processes which all hosted on Amazon Web Services (AWS).

Ciklum, an AWS Advanced Tier Services Partner, provides enterprise-grade software engineering services to Fortune 500 companies and high-growth technology organizations worldwide. Through this collaboration, Health In Tech expects to leverage Ciklum's deep technical expertise in AWS architecture, data engineering, and AI-driven software development to accelerate platform innovation and scalability.

The Company anticipates successful implementation of these enhancements will deliver expected benefits including:

  • Enhanced platform capabilities and administrative functions, enabling service partners to more efficiently support existing clients while potentially expanding into larger employer markets
  • Improved integration of front- and back-end workflows, consolidating quoting, underwriting, administration, and analytics into a unified platform with the goal of increasing usability and adoption
  • Advanced data, operational reporting capabilities, which aims to deliver deeper insights and improved decision-making for brokers, TPAs, MGUs, carriers, and employer clients