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Health In Tech Partners with Verdegard Administrators to Elevate TPA Services Through eDIYBS
Prnewswire· 2025-07-24 20:00
STUART, Fla., July 24, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is proud to announce a new collaboration with Verdegard Administrators, a licensed third-party administrator (TPA) based in Arizona. Together, the two companies aim to redefine how TPAs support brokers and employer groups by leveraging Health In Tech's Enhanced Do It Yourself Benefit Systems (eDIYBS) platform.Third-party administrators like Verdegard play a crucial rol ...
Health In Tech to Host Independent InsurTech Summit in Davos During World Economic Forum Week 2026
Prnewswire· 2025-07-23 13:15
STUART, Fla., July 23, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is proud to announce it will host an exclusive half-day Summit on January 20, 2026, from  11:30 a.m. to 4:30 p.m. (CET) at the prestigious Belvedere Hotel in Davos, Switzerland, alongside the week of the World Economic Forum (WEF) Annual Meeting.The World Economic Forum, held each January in Davos, is one of the world's most prestigious gatherings of global leaders fro ...
Health In Tech Donates 60 Computers to Diocese of Srikakulam to Empower Education and Community Development
Prnewswire· 2025-07-23 10:30
STUART, Fla., July 23, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to announce its donation of 60 new computers to the Diocese of Srikakulam, furthering educational opportunities and digital inclusion for children and families across the region. This contribution reflects Health In Tech's commitment to creating positive community impact that extends beyond health insurance and technology solutions."The Diocese of Srikakulam ...
InsuraGuest Technologies Inc. Confirms No Material Change
Newsfile· 2025-07-22 20:17
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2025) - At the request of CIRO, InsuraGuest Technologies Inc. (TSXV: ISGI) (OTCQB: ISGIF) ("InsuraGuest" or the "Company") wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. InsuraGuest Technologies Inc. is an innovative Insurtech company. The Company delivers insurance and/or warranty program coverages to vacation rentals, hotels, ...
Health In Tech Announces Second Quarter 2025 Financial Results
Prnewswire· 2025-07-21 20:30
Revenues of $9.3 million, up 86% YoY; The first-half year revenues of $17.3 million, 89% of full year 2024. Adjusted EBITDA of $1.6 million, up 134% YoY; The first-half year adjusted EBITDA of $2.8 million, 1.2 times full year 2024. Cash balance of $8.1 million.STUART, Fla.  , July 21, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, today announced its financial results for the second quarter ended June 30, 2025.Financial Highlights for ...
AI-Powered Insurance and Healthcare: Waterdrop Inc. Included in Harvard Business School Case Collection
Prnewswire· 2025-07-18 09:11
Core Insights - Waterdrop Inc. has been recognized by Harvard Business School for its innovative application of AI in the insurance and healthcare sectors, showcasing a replicable model for global insurtech development [1][4][13] Company Overview - Waterdrop operates a diversified health protection ecosystem that includes Waterdrop Medical Crowdfunding, Waterdrop Insurance Marketplace, E-Find Patient Recruitment, Waterdrop Financial, and Lugo Visa, integrating insurance coverage and health services [4][5] - The company has invested nearly 300 million yuan (approximately US$42 million) annually in R&D, resulting in over 100 technology patents [4] Social Impact - Waterdrop Medical Crowdfunding has facilitated support for over 3.47 million patients, with a new fundraising campaign initiated every 53 seconds, earning recognition from the Ministry of Civil Affairs in China [5] - The Waterdrop Insurance Marketplace offers over 1,000 insurance products tailored for specific demographics, achieving a customer satisfaction rate exceeding 95% [6] Technological Advancements - The use of AI has led to a 120% increase in net profit attributable to shareholders in 2024, with plans to further integrate AI across all business lines in 2025 [8] - Waterdrop's proprietary AI, Waterdrop Guardian AI Insurance Expert, enhances sales support and process optimization, outperforming entry-level human agents in service efficiency [9][10] Operational Efficiency - E-Find Patient Recruitment has improved patient enrollment efficiency by 45% and established partnerships with 80% of the world's top 10 pharmaceutical companies [7] - The AI-powered virtual assistant Baoxiaohui is expected to reduce case escalation rates by 50% annually while improving service efficiency by 50% [11] Quality Control - Waterdrop's AI-driven quality inspection solution ensures comprehensive coverage across communication channels, reducing manual review costs by over 50% [12]
Health In Tech Supports Foster Closet to Help Children and Families in Need
Prnewswire· 2025-07-16 20:30
STUART, Fla., July 16, 2025 /PRNewswire/ -- Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is proud to announce its financial support for Community Foster Closet, a local nonprofit in Spokane Valley, Washington, dedicated to providing free clothing, shoes, diapers, wipes, and other essentials to foster families within the community.Since its opening in October 2023, the Community Foster Closet has helped over 100 families and provided vital support to more t ...
Roadzen Named Leading Insurtech Company on CNBC's 2025 World's Top Fintech Companies List
Globenewswire· 2025-07-16 13:31
Core Insights - Roadzen Inc. has been recognized as the leading company in the Insurtech category of CNBC and Statista's 2025 list of the World's Top Fintech Companies, highlighting its role in transforming insurance through AI and data science [1][2][3] Company Overview - Roadzen is a global technology company focused on transforming auto insurance using advanced AI, with a mission to enhance road safety and streamline claims processing [5] - The company operates in the U.S., India, and the U.K., serving over 112 enterprise clients and 3,800 small and medium-sized businesses (SMBs), including major carmakers and insurers [4][5] Product and Technology - Roadzen's platform integrates telematics, computer vision, and generative AI to provide embedded insurance solutions and automation, impacting underwriting, distribution, claims processing, and customer engagement [3][4] - The company aims to create a new standard of efficiency, transparency, and experience in the insurance ecosystem through its innovative technology [4] Industry Recognition - The recognition from CNBC and Statista builds on Roadzen's previous accolades, reflecting the real-world value of its platform, which includes features like real-time risk scoring and dynamic pricing [3][5]
Health In Tech to Announce Second Quarter 2025 Financial Results on July 21, 2025
Prnewswire· 2025-07-14 17:00
STUART, Fla., July 14, 2025 /PRNewswire/ -- Health In Tech (NASDAQ: HIT), an Insurtech platform company backed by third-party AI technology, today announced that it will release financial results for the quarter ended June 30, 2025, following the close of market on Monday, July 21, 2025. Health In Tech will host a conference call and live webcast to discuss the Company's financial results, recent development and business outlook.Event: Health In Tech's 2025 Second Quarter Earnings Conference CallWhen: Monda ...
Reliance Global Group Reduces Debt by 50%, Cutting Annual Debt Service by Over $1.8 Million
Globenewswire· 2025-07-10 12:30
Strengthened financial position and scalable tech platform pave the way for accelerated growth and margin expansionLAKEWOOD, NJ, July 10, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”) today announced that it has repaid approximately $5.55 million, or approximately 50% of its long term debt, a strategic action that reduces its leverage, strengthens its balance sheet, and enhances financial flexibility. The repayments were funded through p ...