The IHC Group

What The IHC Group does

The IHC Group (NYSE: IHC) is a US-based insurance holding company founded in 1980 and headquartered in Nyack, NY, with primary operational offices at 5353 Wayzata Blvd, Suite 300, St. Louis Park, Minnesota. Through its subsidiary IHC Specialty Benefits, Inc., the company operates as a national licensed insurance brokerage connecting individual consumers, families, small businesses, independent insurance agents, agencies, and affinity membership organizations to health and supplemental insurance products. The company offers Affordable Care Act (ACA) health plans and supplemental products including dental, accident, and vision coverage from major carriers such as Aetna CVS Health, Aflac, Ambetter Health, Anthem, Cigna, Kaiser Permanente, Oscar, PivotHealth, and United Healthcare.

The company distributes through a four-channel model organized into distinct divisions: the Brokerage Division (serving independent agents, agencies, and IMOs with multi-carrier access, technology, and training), the Advisors Division (providing licensed insurance advisors with training, proprietary technology, leads, and performance incentives), the Affinity Division (delivering health and supplemental products to membership organizations), and a direct-to-consumer channel via the MyHealthInsurance.com portal. Revenue is generated primarily through insurance agency/brokerage commissions from carriers on policies placed across these channels.

The underlying technology consists of a multi-carrier product portfolio platform supporting producer enablement and the MyHealthInsurance.com consumer-facing portal for online plan comparison, quoting, and agent connection. The company employs 101-250 staff, has been operating for over four decades, and markets itself primarily through organic social channels (LinkedIn and Facebook) and the consumer portal. The corporate structure indicates The IHC Group operates as a parent with IHC Specialty Benefits as a brokerage subsidiary, though management team details are sparse in the available data.

Name

The IHC Group

Legal name

IHC Specialty Benefits, Inc.

Website

https://ihcgroup.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

The IHC Group (NYSE: IHC) is a US insurance holding company operating IHC Specialty Benefits, a national brokerage connecting independent agents, affinity organizations, and consumers with ACA health and supplemental insurance from major carriers.

Ownership category

akta.pro rank

Product category

Insurance Brokerage Services

NAICS

Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421), Direct Health and Medical Insurance Carriers (524114)

SIC

Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)

akta.pro primary industry

Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity) (HLAEABAJ)

akta.pro secondary industries

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD), Ancillary Employer Benefits (Life/Disability/Accident/Critical Illness) (HLAEAAAK), Combined Critical Illness + Hospital Indemnity Policies (FSAIAKAC)

Keywords

• Insurance brokerage services
• Supplemental health insurance
• ACA marketplace plans
• Independent agent support
• Multi-carrier distribution

Headquarters

HQ city

Nyack

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Insurance Agency/Brokerage Commissions: IHC Specialty Benefits operates as a licensed insurance agency earning commissions from insurance carriers for policies placed. The company connects independent agents, affinity groups, and consumers with insurance products from multiple carriers including Aetna CVS Health, Aflac, Ambetter Health, Anthem, Cigna, Oscar, PivotHealth, and United Healthcare.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

IHC Specialty Benefits, Inc., a subsidiary of The IHC Group, is a licensed insurance agency that operates as a national insurance brokerage connecting independent agents, affinity organizations, and consumers to ACA health plans and supplemental insurance products (dental, accident, vision) from multiple carriers. The company earns commissions from carriers such as Aetna CVS Health, Aflac, Ambetter Health, Anthem, Cigna, Oscar, PivotHealth, and United Healthcare for policies placed through its Brokerage, Advisors, Affinity, and direct-to-consumer channels.

Product overview

IHC Specialty Benefits operates as a national insurance brokerage platform with a multi-channel distribution model consisting of three integrated divisions: Brokerage (serving independent agents and agencies), Advisors (supporting licensed insurance advisors with proprietary technology and leads), and Affinity (serving membership organizations). The company also maintains a direct-to-consumer channel through MyHealthInsurance.com. The platform connects consumers with major insurance carriers including Aetna CVS Health, Aflac, Ambetter Health, Anthem, Cigna, Kaiser Permanente, Oscar, PivotHealth, and United Healthcare to provide ACA health and supplemental insurance products.

Differentiator

Problem solved

Functional benefit

Brands

• MyHealthInsurance.com: Consumer-facing website for shopping ACA health insurance and supplemental insurance plans (dental, accident, vision) with plan comparison and online quotes.

Products and services

• IHC Specialty Benefits Brokerage Platform Licensed insurance agency and national brokerage platform operated by IHC Specialty Benefits, Inc., distributing ACA health plans and supplemental insurance (dental, accident, vision) from carriers including Aetna CVS Health, Aflac, Ambetter, Anthem, Cigna, Oscar, PivotHealth, and United Healthcare to individuals, families, and small businesses.
• MyHealthInsurance.com Consumer Portal Online consumer-facing portal that allows individuals and families to shop, compare, and obtain online quotes for Affordable Care Act health plans and supplemental insurance (dental, accident, vision), with the ability to speak directly with a licensed insurance agent for enrollment support.
• Brokerage Division Services Division offering independent agents, agencies, and independent marketing organizations access to products, carriers, technology, and training to grow their business and market share.
• Advisors Division Services Division offering independent licensed insurance advisors comprehensive solutions including training resources, multi-carrier product portfolio, marketing and sales support, proprietary technology, leads, and performance incentives for career development.
• Affinity Division Services Division making health insurance and supplemental products available to members of affinity organizations and select industry segments with personalized customer service.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core.

• Aetna CVS HealthcoreChannel Partner/ Reseller/ DistributorMajor insurance carrier partner providing health insurance products available through IHC Specialty Benefits brokerage network for agents and consumers.
• AflaccoreChannel Partner/ Reseller/ DistributorInsurance carrier partner providing supplemental insurance products including accident, cancer, and critical illness coverage available through IHC Specialty Benefits.
• Ambetter HealthcoreChannel Partner/ Reseller/ DistributorHealth insurance carrier partner offering ACA marketplace plans available through IHC Specialty Benefits distribution channels.
• AnthemcoreChannel Partner/ Reseller/ DistributorMajor health insurance carrier providing individual and group health plans available through IHC Specialty Benefits network.
• CignacoreChannel Partner/ Reseller/ DistributorGlobal health insurance carrier partner offering health and supplemental insurance products available through IHC Specialty Benefits.
• Oscar HealthcoreChannel Partner/ Reseller/ DistributorHealth insurance carrier partner providing individual and family health plans available through IHC Specialty Benefits.
• PivotHealthcoreChannel Partner/ Reseller/ DistributorHealth insurance partner offering plans available through IHC Specialty Benefits brokerage network.
• United HealthcarecoreChannel Partner/ Reseller/ DistributorMajor health insurance carrier providing comprehensive health coverage options available through IHC Specialty Benefits distribution channels.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• SelectQuote: SelectQuote is a technology-driven direct-to-consumer insurance brokerage selling term life, auto, and home insurance, with comparable use of a multi-carrier comparison platform and agent-assisted conversion funnel.
• HealthMarkets: HealthMarkets is a national insurance brokerage distributing individual, family, and supplemental health insurance products through independent agents, directly competing with IHCSB's Brokerage and Advisors divisions.
• GoHealth: GoHealth is a Medicare-focused health insurance marketplace and brokerage leveraging a tech-enabled agent platform, overlapping with IHCSB's agent distribution model and supplemental product positioning.
• Benefytt Technologies: Benefytt was a health insurance distributor and technology company focused on ACA and supplemental products through direct-to-consumer and partner channels, comparable in product mix and distribution approach.
• eHealth: eHealth operates a major online health insurance marketplace and brokerage, directly competing with IHCSB's MyHealthInsurance.com portal by offering ACA, Medicare, and supplemental plan comparison and enrollment for individuals, families, and small businesses.

Emerging players

• SimplyInsured: SimplyInsured is a tech-enabled small business health insurance brokerage, overlapping with IHCSB's small business segment in ACA and supplemental plan distribution.
• EverQuote: EverQuote operates an online insurance marketplace connecting consumers with agents and carriers, with partial overlap in health and supplemental verticals but a broader auto/home focus.

Broad incumbents

• Aetna (CVS Health): Aetna is a major carrier partner of IHCSB and a broad incumbent in individual, group, and Medicare health insurance, illustrating the carrier-side counterpart to IHCSB's brokerage model.
• UnitedHealthcare: UnitedHealthcare is a top-tier US health and supplemental insurer that distributes through independent brokers like IHCSB while also serving consumers directly, representing both a partner and a competitive threat.

Others

• MediaAlpha: MediaAlpha is a customer acquisition platform for insurance carriers, providing lead-generation infrastructure that competes for the same consumer traffic and carrier spend as IHCSB's direct consumer channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/IHCSpecialtyBenefits
• LinkedInlinkedin.com/company/ihc-specialty-benefits
• Xx.com/ihcgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The IHC Group