Health In Tech and Amazon Web Service Advanced Tier Service Partner Ciklum Announce Strategic Collaboration to Accelerate Development of AI-Driven InsurTech Platform

Health In Tech, Inc. (the “Company” or “Health In Tech”) (Nasdaq: HIT), an AI-enabled InsurTech platform company, announced a strategic collaboration with Ciklum, a global AI-powered experience engineering and software development firm, to enhance the Company’s AI-driven InsurTech platform. The HIT’s platform operates as an  integrated self-funded stop-loss health insurance marketplace serving more than 800 insurance brokers, third party administrators (TPAs), managing general underwriters (MGUs) and carriers in 40 states.

Ciklum’s collaboration will optimize the platform’s administrative, sales, and analytics capabilities. This initiative will expand both front- and back-end functionality to create an integrated technology environment—from AI-driven bindable quotes to AI-enabled financial reporting and analytics—while streamlining data infrastructure and reporting processes which all hosted on Amazon Web Services (AWS).

Ciklum, an AWS Advanced Tier Services Partner, provides enterprise-grade software engineering services to Fortune 500 companies and high-growth technology organizations worldwide. Through this collaboration, Health In Tech expects to leverage Ciklum’s deep technical expertise in AWS architecture, data engineering, and AI-driven software development to accelerate platform innovation and scalability.

The Company anticipates successful implementation of these enhancements will deliver expected benefits including:

• Enhanced platform capabilities and administrative functions, enabling service partners to more efficiently support existing clients while potentially expanding into larger employer markets
• Improved integration of front- and back-end workflows, consolidating quoting, underwriting, administration, and analytics into a unified platform with the goal of increasing usability and adoption
• Advanced data, operational reporting capabilities, which aims to deliver deeper insights and improved decision-making for brokers, TPAs, MGUs, carriers, and employer clients

Tim Johnson, Chief Executive Officer of Health In Tech, commented, “Health in Tech was founded on the belief that self-funded stop-loss insurance should be simple, streamlined, and widely available. Consistent with our commitment to continuous improvement, we are thrilled to partner with Ciklum, a premier technical and software development company that possesses a full range of capabilities and expertise on our cloud platform, AWS. In addition to achieving AWS Advanced Tier Service partner status, Ciklum has accumulated deep domain experience across healthcare and health insurance and stands out through its AI-powered approach to experience engineering. Together, we are building integrated solutions designed to eliminate fragmented workflows and multiple system dependencies, improving the user experience for brokers, administrators, MGU and carrier partners. This collaboration reflects the strategic technology investments we are making today with the goal of supporting greater platform adoption, stronger customer retention, and long-term revenue growth.”

“Health in Tech is redefining how self-funded stop-loss insurance is delivered, bringing simplicity, transparency, and scalability to a complex ecosystem,” said Raj Radhakrishnan, CEO of Ciklum. “At Ciklum, we are excited to partner with innovators that use technology to reshape industries. By combining Health in Tech’s vision with our deep healthcare expertise, cloud-native engineering on AWS, and our Prodigy AI framework, we are building solutions that unify fragmented systems and deliver breakthrough improvements in operational efficiency.

This partnership will leverage our years of experience and track record in delivering scalable AI-native platforms for leading enterprises, and we look forward to driving innovation and long-term impact for Health In Tech’s customers and partners.”