Health In Tech cuts 2026 revenue outlook to about $30 million

Nov 12, 2026
The AI-enabled insurance technology company reported third quarter revenue of $6.6 million and a $7.1 million net loss.

Health In Tech, which calls itself an AI-enabled InsurTech platform company, reported third quarter revenue of $6.6 million, down from $8.5 million a year earlier, and a net loss of $7.1 million that included a $5.3 million provision for credit losses, according to its results release.

The company now expects full-year 2026 revenue of about $30 million, slightly below 2025, and blames delays in some new policies after a move to a new insurance carrier. It reported a pipeline of $156.4 million in policies being quoted or bound, and expects 3% to 7% of the uncontracted part to convert. In September it launched HitRix, which it describes as an AI-powered marketplace that automates data intake and submissions to carriers for brokers placing large-group stop-loss insurance.

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