Health Insurance Innovations, Inc. Provides Update on Business Strategy and Ongoing Strategic Review Process
HEALTH INSURANCE INNOVATIONS (HIIQ)
Last health insurance innovations earnings: 3/3 04:01 pm
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Source: GlobeNewswire
TAMPA, Fla., Dec. 20, 2019 (GLOBE NEWSWIRE) -- Health Insurance Innovations, Inc. (NASDAQ:HIIQ) (“HIIQ” or “the Company”), a leading cloud-based technology platform and distributor of insurance products, today provided an update on its business strategy and its ongoing strategic review process. Gavin Southwell, President and Chief Executive Officer of Health Insurance Innovations, Inc. said, “With the success of our Medicare business, and continued evolution in the IFP market with many of the major players shifting towards other higher-growth market segments like Medicare, it has become clear to us that prioritizing the rapid build out of our potentially high growth Medicare business represents the best path forward for maximizing value for our shareholders.” Mr. Southwell continued, “As we continue through our previously announced Strategic Review process, our focus for the IFP business will be to maximize cash flows and enhance our e-commerce capabilities. We believe that our ex
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