Health Connect Insurance Agency

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Health Connect Insurance Agency - overview

Established

2016

Location

Santa Ana, CA, US

Primary Industry

Insurance

About

Health Connect Insurance Agency is a U. S. -based health insurance brokerage specializing in facilitating access to tailored health insurance plans for individuals and families through the Covered California marketplace. Founded in 2016 and headquartered in Santa Ana, California, Health Connect Insurance Agency operates as a health insurance brokerage.


The agency assists clients in navigating health insurance options, leveraging partnerships with various insurance providers. Notably, the agency has remained consistent in its business strategy since inception, focusing exclusively on health insurance services to California residents. It was established by a team involved in the insurance sector, although specific individuals are not named. As of January 18, 2026, Health Connect Insurance Agency was acquired by ALKEME Intermediary Holdings, LLC, which aims to enhance its healthcare-focused insurance capabilities in California.


The agency has been involved in one notable deal to date. Health Connect Insurance Agency primarily operates as a health insurance brokerage, facilitating access to a range of health insurance plans tailored to individual and family needs. The agency partners with various insurance providers to offer clients options through the Covered California marketplace, allowing users to explore brand-name health insurance companies and receive financial assistance based on their income levels. The agency's services include guiding clients through the enrollment process, helping them understand their options, and providing ongoing support throughout the policy's duration.


Specifically, the agency targets residents of California, assisting a diverse client base, including individuals, families, and self-employed workers seeking health coverage. It has been operational since the establishment of the Covered California exchange in October 2013, making strides in simplifying the health insurance procurement process. Health Connect Insurance Agency generates revenue through commissions from insurance providers for facilitating client enrollments into health insurance plans. The agency does not impose direct costs on the insured, allowing it to assist clients year-round with their insurance needs.


Revenue is primarily derived from transactions structured around client interactions, where individuals or families engage the agency's services to obtain health insurance coverage. Clients typically complete applications processed by the agency, which connects them with various insurance providers. This structure indicates that Health Connect Insurance Agency operates in a B2C model, providing personalized assistance to consumers navigating health insurance options without any upfront fees for their services. In January 2026, Health Connect Insurance Agency was acquired by ALKEME Intermediary Holdings, LLC, enhancing its position in the healthcare-focused insurance market in California.


The acquisition allows for the potential expansion of services and product offerings, although specific upcoming products and their release dates have not yet been disclosed. Future growth may also include plans to expand into new markets and geographic regions, particularly targeting further areas within California. The recent acquisition is expected to bolster the agency's capabilities and service offerings to better meet the growing demands of the health insurance landscape.


Current Investors

ALKEME Intermediary Holdings, LLC

Primary Industry

Insurance

Sub Industries

Health Insurance

Website

www.healthconnectinsurance.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Health Connect Insurance Agency - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHealth Connect Insurance Agency-

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