The market platform for brokers integrates data submission, market routing, quote comparison, and case tracking into a coordinated process.

Stuart, Florida, October 8, 2026 / PRNewswire / -- AI The insurance technology platform company Health In Tech, Inc (Nasdaq ticker: HIT, hereinafter referred to as “Health In Tech” or “the Company”) today announced the launch of the next version of HitRix. The Company stated that HitRix is a broker-first, AI-driven environment for offering self-funded medical stop-loss health insurance.

HitRix is built on the company's eDIYBS platform, which allows brokers to push a single group to multiple underwriting institutions with one click. Then, they can track each proposal in a single dashboard, compare them, and complete the underwriting process. The company claims that this streamlined process replaces the previously fragmented inboxs, spreadsheets, and portal systems that had long delayed the issuance of stop-loss insurance.

A clearer path in the complex deployment process

The company stated that traditionally, filing a stop-loss insurance claim meant repeatedly entering the same claims and personnel data into various underwriting institutions, and then waiting for several days until each submission was preliminarily approved. HitRix compresses this process into a single step. Brokers simply need to drag the data into the eDIYBS system, and subsequently, the intelligent documentation of HitRix will parse it into a unified, structured submission within minutes—each time with the same format. As a result, errors and rework that often occur due to reformatting for different markets will no longer be necessary.

HitRix Cases are organized around a structured record that carries all information from the initial acceptance to the final deployment. The company claims that brokers can manage submitted materials, track market activities, and view the status of each business opportunity in one place, thereby reducing operational gaps that could slow down case progress or make it difficult to trace historical records.

Convert documents into comparisons that can be directly used for decision-making.

HitRix utilizes the intelligent assistance of AI to extract insurance claim-related information from PDF, Word, and Excel files, and organizes the relevant fields for review. This platform is designed to identify premiums, deductibles, laser clauses, contract terms, and other quotation terms, while also maintaining a manual review process before the information continues to be circulated.

The company stated that once a quote is received, brokers can make side-by-side comparisons based on the terms that affect the underwriting decision. Comparison documents with brand logos enable brokers to more clearly present various options to clients, support renewal communications, and allow them to transition from the original underwriting documents to a more consistent decision-making perspective without having to rebuild analyses for each market response.

Since every message, document, and decision is circulated through the platform itself, the related communications and data are centrally stored in one place, providing brokers and market partners with a single and secure point of access.

After submission, brokers can set timers and view a customized dashboard that displays the status of each group in real time. The company states that the structured submission materials also provide management general agents and underwriters (MGU) with more comprehensive background information when processing cases, allowing them to better understand which cases are under review and how they are progressing. This ensures that the entire process operates based on the same information, and cases do not frequently stall due to gaps in follow-up. The dashboard also shows brokers various performance indicators related to them: the competitiveness of each underwriting institution within their client groups, in which areas they excel most, and their relative position compared to other brokers and underwriting institutions in their respective markets.

As the proposals are gradually returned, HitRix will use built-in comparison tools to receive and align these proposals, allowing brokers to weigh them without having to rebuild spreadsheets for each market response. Brokers can decide how to view these fields through customizable "components"—sorted by highest cost, sorted only by premium, or sorted by any terms that affect placement decisions—and they can switch between different views with one click. The company states that the end result is a consistent set of comparative materials that can be used directly for decision-making. Brokers can present this to their employer clients, clearly explaining various trade-offs and supporting renewal communications.

Ensure brokers are in alignment with market partners

HitRix aims to route cases to the MGU and underwriting personnel involved, based on established underwriting preferences and other relevant case criteria. The company states that more structured submission materials provide market partners with stronger background information when handling cases, while brokers can more clearly see which cases are under review, where follow-up is needed, and the progress of each response.

Status tracking, visualization of service levels, case-based communication, and documented reasons for rejections all help ensure that all parties work based on the same information. Each quote rejection and each placement create a traceable record of activity, which contributes to strengthening accountability and improving future routing logic.

The company stated that brokers remain at the center of customer relationships. HitRix provides the underlying structure for cases, enabling brokers to spend more time evaluating options, providing recommendations for employer clients, and justifying investment strategies; at the same time, the case format received by MGU and underwriters is also more conducive to improving review efficiency.

About Health In Tech

Health In Tech, Inc (Nasdaq: HIT) is an insurance technology platform company empowered by AI. It provides a market platform aimed at improving the processes of the health insurance industry through vertical integration, process simplification, and automation. The company states that by eliminating friction and complexity, its platform streamlines the underwriting, sales, and service processes for insurance companies, licensed brokers, managed general agencies (MGU), and third-party administration organizations (TPA). The Health In Tech platform offers brokers, TPA, MGU, and underwriting institutions access to the employer-funded health insurance market. Its features include customized employer-funded health plans, binding stop-loss insurance quotes, AI-enabled underwriting, claims management, and report integration.

The company states that for further information on the technology of Health In Tech and its role in promoting the development of the self-financed medical market, one can schedule a demonstration with their team at: www.healthintech.com.

Forward-looking Statements

This press release contains forward-looking statements as defined by the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Health In Tech, Inc. (“Health In Tech”, “HIT”, “we”)’s business strategy, product development and innovation, market opportunities, updated revenue prospects, the timing and magnitude of expected contributions from new products, growth prospects, as well as future operating and financial performance.

In certain circumstances, forward-looking statements can be identified by phrases such as “believe (believes)”, “may (may)", “will (will)", “potentially (potentially)", “estimate (estimates)", “continue (continue)", “anticipate (expects)", “intend (intends)", “expect (projects)", “could (might)", “would (will)", “project (predict)", “plan (plans)", “target (goal)", etc. These phrases are predictions or indications of future events or trends and do not refer only to historical matters. The forward-looking statements in this press release include, but are not limited to: statements regarding the expected features, benefits, and adoption of HitRix; statements regarding a potential expansion of market participation; statements regarding the generation of more activities and data through the platform; as well as the company's expectations regarding analytical capabilities, automation, AI enabling capabilities, and a broader platform strategy.

These forward-looking statements are based on the company's current expectations and beliefs regarding future development, as well as the potential impact of such development on Health In Tech. They are subject to a number of known and unknown risks, uncertainties, assumptions, and other important factors, many of which are beyond the control of Health In Tech and may result in significant differences between actual outcomes and those explicitly or implicitly stated in these forward-looking statements. These factors include, but are not limited to: the company's ability to obtain funds for operations, enhance existing systems, and expand the scope of services; the success, costs, and timing of product development activities; the timing and terms of relationships with underwriting institutions, including switching of underwriting institutions and the integration of new underwriting institutions; the ability to attract and retain key personnel and qualified employees; the ability to attract new customers and develop new products and services, as well as improve existing products and services; the impact of industry competition and innovation by competitors; risks related to cybersecurity incidents or other disruptions in networks; risks associated with the use of third-party and internal artificial intelligence; the ability to comply with new or revised regulations applicable to the company's business, including those in the insurance services industry, data privacy requirements, and regulations related to artificial intelligence; the ability to protect intellectual property and maintain and build the brand; the future trading price of the company's common stock; and other risks and uncertainties described in the company's most recent Form 10-K annual report, the "Risk Factors" section, subsequent Form 10-Q quarterly reports, and other documents submitted to the U.S. Securities and Exchange Commission.

Any forward-looking statements in this press release represent the situation as of the date of issuance of this press release. New risks and uncertainties may arise from time to time, and Health In Tech cannot predict all the risks and uncertainties that may affect the forward-looking statements contained in this press release. Except as required by applicable laws, Health In Tech does not assume and explicitly denies any obligation to publicly update or revise any forward-looking statements after the date of issuance of this press release due to new information, future events, or other reasons.

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