Health IQ

Insurance brokerage for health-conscious individuals

Mountain View, California, United States

About Health IQ

Health IQ specializes in providing tailored insurance solutions for health-conscious individuals, focusing on products like Medicare and life insurance. The company uses proprietary data analytics to analyze clients' health records, allowing them to match clients with insurance plans that offer better benefits and lower costs. By partnering with national insurance carriers and searching through over 3,000 plans, Health IQ ensures clients receive the most suitable coverage for their specific health profiles. Their commission-based business model aligns their interests with those of their clients, incentivizing them to find the best plans. The goal of Health IQ is to optimize insurance coverage for health-conscious individuals, making it a valuable resource in the insurance brokerage market.

Mountain View, CaliforniaHeadquarters
2014Year Founded
$132.8MTotal Funding
SERIES_DCompany Stage
Data & Analytics, Financial ServicesIndustries
201-500Employees

Risks

Bankruptcy filing and liquidation plans threaten operational continuity.
Exit from life and auto insurance may alienate existing customers.
Sole focus on Medicare could limit market reach and diversification.

Differentiation

Health IQ specializes in insurance for health-conscious individuals using data analytics.
The company offers customized insurance plans with better benefits and lower costs.
Health IQ partners with national carriers to search over 3,000 plans for clients.

Upsides

Focus on Medicare could capitalize on the growing aging U.S. population.
Shift to P&C insurance may diversify offerings and stabilize revenue streams.
New branding and Medicare focus may enhance customer loyalty and retention.