HealthCare.com Acquires Pivot Health
Summary
Founded in 2016 by Jeff Smedsrud, Pivot Health develops, manages and markets proprietary, specialty health insurance products for individuals, including short-term medical, fixed indemnity and supplemental gap coverage.Following the transaction, the company 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.Prior to founding Pivot Health, Smedsrud was a co-founder and CEO of HealthCare.com from 2014 to 2016 and previously sold four insurance marketing businesses to publicly-traded companies.The company had previously received financial backing from AXIS Capital (NYSE: AXS), a Bermuda-based global provider of specialty lines insurance and treaty reinsurance.
Funding
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