Market Overview

Health Insurance Innovations, Inc. Announces the Planned Transition of HealthPocket, Inc. Founders

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TAMPA, Fla., Aug. 16, 2018 (GLOBE NEWSWIRE) -- Health Insurance Innovations, Inc. (NASDAQ:HIIQ), a leading cloud-based technology platform and distributor of affordable individual and family health insurance and supplemental plans, announced today the planned transition of HealthPocket, Inc. founders, Bruce Telkamp and Dr. Sheldon Wang.  Messrs. Telkamp and Wang's last day of employment with HIIQ will be August 17, 2018.

Gavin Southwell, chief executive officer of HIIQ, said "I would like thank and recognize Bruce Telkamp and Sheldon Wang for their vision and invaluable contribution in building HIIQ's direct to consumer business.  Their leadership has contributed immensely to the success of our overall organization.  Their planned transition is appropriate now as we have fully completed our July 14, 2014 acquisition of HealthPocket, Inc. and its integration into our Tampa operations and leadership.  I consider Bruce and Sheldon to be close friends of mine, and I'll always appreciate their ongoing support of HIIQ."

About Health Insurance Innovations, Inc. (HIIQ)

HIIQ is a market leading cloud-based technology platform and distributor of innovative health insurance products that are affordable and meet the consumer's needs. HIIQ helps develop insurance products through our relationships with best-in-class insurance companies and markets them via its broad distribution network of third party licensed insurance agents across the nation, its call center network and its unique online capability. Additional information about HIIQ can be found at HiiQuote.com. HIIQ's Consumer Division includes AgileHealthInsurance.com, a website for researching, comparing and purchasing short-term health insurance products online and HealthPocket.com, a free website that compares and ranks all health insurance plans, and uses objective data to publish unbiased health insurance market analyses and other consumer advocacy research.

Investor Contacts     

Michael Hershberger, 
CFO, Health Insurance Innovations, Inc.
1-877-376-5831 x282
ir@hiiquote.com

John Evans,
Investor Relations,
PIR Communications,
415-309-0230,
ir@hiiquote.com

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