Health In Tech shares surge 17.65% intraday after partnering with AI firm Ciklum to optimize self-funded stop-loss health insurance platform serving 800+ brokers and administrators across 40 states.

Health In Tech surged 17.65% intraday, following the announcement of a strategic partnership with AI software engineering company Ciklum to optimize its self-funded stop-loss health insurance platform. The platform serves over 800 brokers, third-party administrators, and managing general agents across 40 states. Health In Tech is an AI-driven insurtech platform specializing in self-funded health insurance markets, streamlining underwriting, sales, and service processes through automation. The collaboration aims to enhance its platform’s capabilities, enabling two-minute generation of bindable quotes and tailored solutions for clients.