Health In Tech Debuts HitRix to Automate Stop-Loss Insurance Placement

The platform, built on the company's eDIYBS infrastructure, addresses the traditional inefficiencies of stop-loss placement, which often requires brokers to re-enter redundant data across multiple carrier portals. HitRix utilizes document intelligence to ingest claims information from various file formats, automatically parsing and structuring the data into a consistent format. This automation reduces the likelihood of errors and minimizes the time spent on manual reformatting for different market responses.

Beyond data intake, the environment serves as a unified command center for the entire placement lifecycle. Once submissions are routed to managing general underwriters and carriers, brokers can monitor real-time progress via a customized dashboard. The system features a side-by-side comparison tool that allows users to weigh proposals against specific criteria—such as deductibles, premiums, or laser clauses—without the need to build independent spreadsheets for every quote. By keeping all communication, documents, and decision records in one secure location, the platform aims to provide brokers with greater transparency and speed when advising employer clients on renewal strategies.