Benavest
- Company typePrivate
- Founded2011
- HeadquartersHollywood, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
Benavest firmographics
Firmographics- Name
- Benavest
- Legal name
- Benavest, Corp.
- Website
- https://benavest.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Acquired
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Benavest industry classification
Industry- Product category
- Insurance Distribution Services
- NAICS
- Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs) (FSAIAGAH)
Keywords
Where Benavest is headquartered
LocationHeadquarters
- HQ city
- Hollywood
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Benavest business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure, Others
Revenue model
- Insurance Carrier Commissions: Benavest earns revenue through commissions paid by insurance carriers rather than charging employers or employees directly. Agents are compensated directly through carrier plans. As an FMO/GA, Benavest receives override commissions from carriers on top of base agent commissions.
- Agent Services and Support: Provides contracting, training, technology support, and lead generation services to insurance agents at no cost. Revenue is generated through carrier commissions that flow through the agency's distribution network rather than direct agent fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Free consumer enrollment assistance |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Benavest product offering
Product offeringCore offering
Benavest is a national health insurance agency and Field Marketing Organization (FMO) that distributes ACA Marketplace, Medicare, group health, life, retirement, dental, vision, and pet insurance products from 20+ carriers through licensed agents and an independent broker network. The company provides free enrollment assistance to consumers and contracting, training, leads, and technology tools to agents, with revenue derived from carrier commissions.
Product overview
Benavest is a national health insurance agency and Field Marketing Organization (FMO) offering a multi-product insurance portfolio. The core offering includes ACA Marketplace plans, Medicare coverage, group health insurance with ICHRA options, life insurance, and retirement planning products. The company operates the ICHRA Plan Navigator App for employer benefit administration, and supports agents through the Insure University training platform, Agent Live Leads Program, and Compliance Olympics training series. Supplemental products include dental, vision, and pet insurance. The product ecosystem is built around connecting consumers with insurance carriers through licensed agents and broker partnerships across 48 states.
Differentiator
Problem solved
Functional benefit
Brands
- ICHRA Plan Navigator App: A platform designed to help employers administer Individual Coverage HRA, QSEHRA, and GICHRA health reimbursement arrangements with automated compliance and reporting features.
- Insure University
- InsureUniversity.com
Products and services
- ACA Marketplace Plans Affordable Care Act health insurance plans offered through the HealthCare.gov Marketplace, including assistance with plan selection, applications, and coverage activation with subsidy eligibility support.
- Medicare Plans Comprehensive Medicare coverage including Medicare Advantage, Medicare Supplement, LIS (Low-Income Subsidy), and Medicare Savings Programs for seniors and eligible individuals.
- Group Health Insurance Group health insurance solutions for small, medium, and large businesses, including ICHRA, traditional group plans, benefit administration, and compliance support.
- Life Insurance Life insurance products including term life, whole life, and universal life insurance from multiple top carriers to protect families and support estate planning needs.
- Retirement Planning Retirement planning services including annuity products for retirement income, asset protection, and financial stability.
- Dental & Vision Insurance Supplemental dental and vision insurance coverage for individuals and families, available as standalone policies or add-ons to major medical plans.
- Pet Insurance Affordable pet health insurance coverage to protect furry family members, offered as a supplemental product.
- ICHRA Plan Navigator App A platform designed to help employers administer Individual Coverage HRA, QSEHRA, and GICHRA health reimbursement arrangements with automated compliance and reporting features. Allows employees to choose ACA-compliant plans while employers set fixed monthly contributions.
- Insure University Agent-focused platform providing training, compliance education, product education, contracting support, and ongoing professional development for insurance agents.
- Agent Live Leads Program Lead generation program providing live leads, a dedicated business phone line, and commission incentives for eligible agents appointed with major carriers through Benavest.
- Compliance Olympics Structured compliance training series for ACA agents and brokers featuring daily videos, written briefs, practical scenarios, and best practices to reduce compliance risk.
- ICHRA Agent Contracting Platform AI-driven platform helping insurance agents get appointed with carriers to sell ICHRA products, providing streamlined onboarding and free training programs.
Quantifiable outcome
- 9 consecutive years of Healthcare.gov Elite Circle of Champions recognition
- +2 more outcomes
Companies that use Benavest
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Benavest technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature2 records
Benavest partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- GydecoreGyde, an AI-native brokerage platform headquartered in Austin, Texas, acquired Benavest in April 2026. The acquisition significantly expands Gyde's broker network and national distribution footprint, positioning Benavest as a premier AI-enabled distribution partner for ACA and Medicare brokers. Benavest brings hundreds of agencies and thousands of agents nationwide to Gyde's platform, which will use its AI technology to automate workflows, improve enrollment capacity, and enable cross-selling into life insurance, annuities, and ancillary products.
- Baltimore Life Insurance CompanyminorBenaVest announced an expansion of its partnership with Baltimore Life Insurance Company to provide annuity contracting opportunities for agents in 2026. The expansion gives BenaVest agents streamlined access to Baltimore annuity products designed for retirement income planning, asset protection, and financial stability.
- Enroll PrimeminorBenaVest announced an expansion of its partnership with Enroll Prime for 2026, enhancing its alternative health product portfolio available to insurance agents. The expanded collaboration provides agents with streamlined access to non-traditional health coverage solutions designed for clients seeking options outside conventional ACA or employer-sponsored plans.
- HighmarkcoreBenavest announced a carrier partnership with Highmark to offer ACA Marketplace, Medicare, and Dental insurance products across Delaware, New York, Pennsylvania, and West Virginia starting in 2026. The partnership expands Benavest's regional carrier strength in the Northeast and Mid-Atlantic markets, giving agents access to one of the most recognized health insurance organizations in the region.
- Oscar HealthcoreOscar Health is expanding its ACA health insurance plans to Alabama and Mississippi for the 2026 Open Enrollment Period, extending its coverage to 573 counties across 20 states. BenaVest provides an AI-driven contracting platform to help insurance agents get appointed with Oscar Health efficiently. As part of the 2026 rollout, Oscar is introducing new AI tools including Oswell, an AI health assistant powered by OpenAI.
Scale indicators6 records
Recent moves10 records
Expansion highlights6 records
Benavest competitors and assessment
Company assessmentDirect peers
- Health Insurance Innovations (HIIQ): Tech-enabled health insurance distribution company focused on short-term, ACA, and supplemental plans via agents — comparable in carrier-broker model and agent-driven distribution.
- SelectQuote: Direct-to-consumer senior-focused insurance distributor for Medicare, life, and ancillary products via call-center agents — overlapping GTM motion, agent-driven distribution, and product mix with Benavest.
- HealthMarkets: National insurance agency distributing individual, family, Medicare, and small-group health plans through a network of independent agents — close functional peer as an FMO/GA-style multi-carrier distributor.
- eHealth: Online health insurance marketplace offering ACA, Medicare, and ancillary plans with a licensed agent network — comparable in channel mix (digital + agents) and product breadth to Benavest.
- GoHealth: Public insurance marketplace specializing in Medicare and ACA distribution through licensed agents and an online platform — most directly comparable to Benavest's FMO/GA model and Medicare/ACA focus.
- Insurance Benefits Solutions: National FMO/GA distributing ACA, Medicare, and supplemental products via independent agents — highly comparable agency/agent model and product portfolio.
Emerging players
- QuoteWizard (by LendingTree): Insurance lead-generation marketplace connecting consumers with agents across multiple lines including health — comparable lead-gen + agent-distribution mechanics even if not a direct carrier agent.
- Benefitter: FMO/GA focused on small-group and ACA distribution with quoting and enrollment tools for agents — narrower product focus but directly comparable FMO distribution model.
Broad incumbents
- Highmark: Major Blue Cross Blue Shield-affiliated carrier and integrated delivery system across PA, DE, WV, and NY — Benavest's newly announced carrier partner and a structural incumbent in the same regional markets.
- Oscar Health: ACA-focused health insurer expanding to 573 counties across 20 states; Benavest provides AI-driven agent contracting for Oscar and is a key distribution partner — incumbent carrier on the same consumer marketplace.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Benavest social profiles
Digital presenceBenavest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Benavest leadership team
Management profileNumber of profiles
Profiles1 record
Benavest funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Benavest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Benavest
What does Benavest do?
Benavest is a national health insurance agency and Field Marketing Organization (FMO) that distributes ACA Marketplace, Medicare, group health, life, retirement, dental, vision, and pet insurance products from 20+ carriers through licensed agents and an independent broker network. The company provides free enrollment assistance to consumers and contracting, training, leads, and technology tools to agents, with revenue derived from carrier commissions.
Is Benavest a public or private company?
Benavest is a private company. It is classified as corporate owned and is currently acquired.
When was Benavest founded?
Benavest was founded in 2011. It employs 501 to 1,000 people.
Where is Benavest based?
Benavest is headquartered in Hollywood, United States, in the North America region.
How does Benavest make money?
Two revenue lines are on record. Insurance Carrier Commissions are the primary driver. The others are agent Services and Support.
Who are Benavest's main competitors?
Direct peers on record are Health Insurance Innovations (HIIQ), SelectQuote, HealthMarkets, eHealth, GoHealth and Insurance Benefits Solutions. Emerging players are QuoteWizard (by LendingTree) and Benefitter. Broad incumbents are Highmark and Oscar Health.
Does Benavest have an API?
No public API is recorded for Benavest.
What industry is Benavest in?
Benavest's product category is Insurance Distribution Services. Its primary akta.pro industry code is FSAIAGAH, Medicare Plan Distribution & Brokerage (Captive, Independent, FMOs). Its NAICS code is 524210 and its SIC code is 6411.