HealthCare.com Acquires Pivot Health
Miami-based HealthCare.com announced the acquisition of Pivot Health, a provider and manager of specialty health insurance products, in an all-cash transaction.
Headquartered in Phoenix, Pivot Health develops, manages and markets proprietary, specialty health insurance products for individuals, including short-term medical, fixed indemnity and supplemental gap coverage. Additionally, Pivot Health expects to add to its portfolio of insurance products in the coming months. The company markets its products through a multi-channel approach, including, D2C through its proprietary enrollment platform PivotHealth.com, through a network of independent licensed insurance agents and through selected online insurance brokers.
Following the transaction, Pivot Health will continue to operate independently and focus on its current growth strategy. HealthCare.com will continue to manage its health insurance and Medicare comparison model that connects millions of consumers to brokers, carriers and call center partners, while finding opportunities to present Pivot Health products to interested consumers. “The acquisition of Pivot Health broadens our consumer offering and fits within HealthCare.com’s mission to help healthcare consumers find affordable coverage and make informed healthcare purchase decisions. We look forward to working with Jeff and the experienced and talented team he has assembled and take what they built to another level” – cofounder and CEO of HealthCare.com, Howard Yeh.
“The acquisition of Pivot Health broadens our consumer offering and fits within HealthCare.com’s mission to help healthcare consumers find affordable coverage and make informed healthcare purchase decisions. We look forward to working with Jeff and the experienced and talented team he has assembled and take what they built to another level” – cofounder and CEO of HealthCare.com, Howard Yeh.
“Our combination with HealthCare.com brings substantial momentum and the right resources to serve consumers with the information they want, the comparisons they desire and products they need, all enabled by technology that makes enrollment faster and easier” – founder and CEO of Pivot Health, Jeff Smedsrud.
Speaking of health insurance, German insurer GetSafe is now offering personal liability insurance and dental insurance.
