The IHC Group
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.
- Company typePrivate
- Founded1980
- HeadquartersNyack, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
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.
The IHC Group firmographics
Firmographics- 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
The IHC Group industry classification
Industry- 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
Where The IHC Group is headquartered
LocationHeadquarters
- HQ city
- Nyack
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The IHC Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- 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
The IHC Group product offering
Product offeringCore 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.
Companies that use The IHC Group
Customer profileSegments4 records
Ideal customer profiles3 records
The IHC Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
The IHC Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- Aetna CVS HealthcoreMajor insurance carrier partner providing health insurance products available through IHC Specialty Benefits brokerage network for agents and consumers.
- AflaccoreInsurance carrier partner providing supplemental insurance products including accident, cancer, and critical illness coverage available through IHC Specialty Benefits.
- Ambetter HealthcoreHealth insurance carrier partner offering ACA marketplace plans available through IHC Specialty Benefits distribution channels.
- AnthemcoreMajor health insurance carrier providing individual and group health plans available through IHC Specialty Benefits network.
- CignacoreGlobal health insurance carrier partner offering health and supplemental insurance products available through IHC Specialty Benefits.
- Oscar HealthcoreHealth insurance carrier partner providing individual and family health plans available through IHC Specialty Benefits.
- PivotHealthcoreHealth insurance partner offering plans available through IHC Specialty Benefits brokerage network.
- United HealthcarecoreMajor health insurance carrier providing comprehensive health coverage options available through IHC Specialty Benefits distribution channels.
Scale indicators2 records
Recent moves5 records
Expansion highlights3 records
The IHC Group competitors and assessment
Company assessmentDirect 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
The IHC Group social profiles
Digital presenceThe IHC Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The IHC Group leadership team
Management profileNumber of profiles
Profiles4 records
The IHC Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The IHC Group M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The IHC Group
What does The IHC Group do?
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.
When was The IHC Group founded?
The IHC Group was founded in 1980. It employs 101 to 250 people.
Where is The IHC Group based?
The IHC Group is headquartered in Nyack, United States, in the North America region.
How does The IHC Group make money?
One revenue line is on record: insurance Agency/Brokerage Commissions.
Who are The IHC Group's main competitors?
Direct peers on record are SelectQuote, HealthMarkets, GoHealth, Benefytt Technologies and eHealth. Emerging players are SimplyInsured and EverQuote. Broad incumbents are Aetna (CVS Health) and UnitedHealthcare. MediaAlpha is listed as an others.
Does The IHC Group have an API?
No public API is recorded for The IHC Group.
What industry is The IHC Group in?
The IHC Group's product category is Insurance Brokerage Services. Its primary akta.pro industry code is HLAEABAJ, Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity), with a secondary code of FSAIAEAD, Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident). Its NAICS code is 524210 and its SIC code is 6411.