May. 14 at 1:54 PM
$HIT still feels very early to me long term. The quarter itself wasn’t amazing financially, but the earnings call made the bigger picture clearer. They’re not trying to be just another small insurtech company anymore. They’re trying to become the infrastructure layer for self-funded healthcare plans. The interesting part is the workflow stickiness they’re building with brokers/carriers through quoting, underwriting, messaging, analytics, and AI tools all in one ecosystem. Management keeps emphasizing how tiny their current penetration still is relative to the overall market, yet they’re already doing
$30M+ revenue with a very small sales force. If they can actually scale broker adoption and the 3-year rate stabilization product gains traction, this could look very different in a few years. Still early, still risky, but the vision feels much bigger now. Guess you can say Rome wasn’t built in a day.
