HIIQ CEO Gavin Southwell Presents Key Note Address at Insurtech Insights – Europe’s Largest Insurtech Conference
21 Março 2019 - 5:51PM
Health Insurance Innovations, Inc. (NASDAQ:HIIQ), a leading
cloud-based technology platform and distributor of affordable
health insurance, life insurance and supplemental plans, today
announced that President & CEO Gavin Southwell presented a Key
Note address at Insurtech Insights – Europe’s largest Insurtech
conference on how HIIQ uses data and technology to successfully
deliver value to consumers.
“HIIQ is helping individuals and their families
in America by providing affordable solutions that meet their
demands and needs, all whilst achieving market leading consumer
satisfaction,” Southwell said.
Mr. Southwell highlighted the new mobile
application for MyBenefitsKeeper, which allows members to have
access at their fingertips to critical features like the ability to
speak with a doctor over the phone or video conference, update
payment information and search for a doctor in the member’s
area.
He also discussed how the operational
improvements in compliance and customer service, since he became
CEO in 2016, have been recognized by a recent Multi-State
regulatory review. The review has been closed without any issues
identified and without payment of any fine or penalty.
“Rightly so, health insurance is very highly
regulated at a state and federal level and we are very satisfied
that the most detailed regulatory review possible conducted over a
multi-year period, and covering all aspects of our business
identified no issues, and has allowed us the opportunity to work
with regulators to continue to strengthen our controls,” concluded
Mr. Southwell.
2019 Full Year Guidance
The Company recently provided its annual 2019
guidance for revenue in the range of $430 million to $440 million,
adjusted EBITDA in the range of $72.0 million to $77.0 million and
adjusted net income per share in the range of $3.15 to $3.30.
The Company has repurchased $45.3 million of
HIIQ shares in the open market in 2019 and believes HIIQ’s shares
continue to represent a compelling value at current levels given
the size of the market opportunities we are pursuing and our track
record of delivering strong growth in revenues and earnings.
About Health Insurance Innovations,
Inc. (HIIQ)
Health Insurance Innovations, Inc. (HIIQ)
is a market leading cloud-based technology platform and distributor
of innovative health insurance products that are affordable and
meet the needs of health insurance plan consumers. HIIQ helps
develop insurance products through our relationships with
best-in-class insurance companies and markets them via its broad
distribution network of third-party licensed insurance agents
across the nation, its call center network and its unique online
capability. Additional information about HIIQ can be found
at HiiQ.com. HIIQ’s Consumer Division
includes AgileHealthInsurance.com, a website for researching,
comparing and purchasing short-term health insurance products
online, and HealthPocket.com, a free website that compares and
ranks all health insurance plans and uses objective data to publish
unbiased health insurance market analyses and other consumer
advocacy research.
Health Insurance Innovations, Inc.: Michael
Hershberger Chief Financial Officer (813)
397-1187mhershberger@hiiquote.com
Investor Contact: John Evans PIR Communications
(415) 309-0230john@petrusir.com
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