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It appears that HealthInsurance.com was acquired for USD $8,133,000 in July 2019

Labeled as purchases in Domain Industry News, started by GeorgeK, Mar 7, 2020

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  1. GeorgeK

    GeorgeK Leap.com PRO VIP ★★★★★★★★★★

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    I'm 99% sure that the HealthInsurance.com domain name changed hands for USD $8,133,000 in July 2019. Here's the evidence:

    1. https://www.sec.gov/Archives/edgar/data/1561387/000149315220003318/ex99-1.htm (page 9)

    "Acquisition of domain name" of $8,133 (that's in thousands, so that's $8,133,000)

    It doesn't say which domain name, though!

    2. https://www.sec.gov/Archives/edgar/data/1561387/000156138720000002/hiiq-2019x12x31x10k.htm

    (page 38) "On July 29, 2019, the Company entered into a Stock Purchase Agreement to acquire the interests of a corporation which owned and operated a domain name in the insurance industry. The acquisition was accounted for as a purchase of an asset and classified as an intangible asset on the balance sheet."

    They still don't say which domain. But, HealthInsurance.com WHOIS history via DomainTools.com shows the registrant as "HealthInsurance.com, Inc.", before July 29, 2019 (later moved to WHOIS privacy) which is consistent with that, i.e. they bought the entire company outright which owned the domain, and clearly from the accounting of it, the sole purpose was the domain itself.

    Also from page 5:

    "The Company has also acquired a premier domain name and has complemented that investment with the development of powerful online shopping and comparison tools for Medicare-related insurance plans as well as educational resources specific to the Medicare segment. The domain will serve as an industry-defining private e-commerce marketplace for Medicare insurance products where consumers can shop, compare, and purchase plans online. We also expect the domain to generate a significant amount of consumer demand which will flow through to all distribution channels."

    3. Their Investor Relations site has a webcast of March 4, 2020:

    https://investor.benefytt.com
    https://healthinsuranceinnovations.gcs-web.com/static-files/c2b7632e-ee51-4936-a911-e170f207e85c

    mentions HealthInsurance.com explicitly from 18:40 to 19:59 (and also hinted at 9:10).

    Based on the above, I'm 99% confident now that it was the $8,133,000 domain name.

    I have an email out to their investor relations guy for 100% confirmation, though.
     
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  2. TERADOMAIN

    TERADOMAIN TeraDomain.com VIP

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    Thanks for sharing.

    Great finding.

    Great work dear friend.
     
  3. GeorgeK

    GeorgeK Leap.com PRO VIP ★★★★★★★★★★

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    4. Also the DNS (i.e. nameservers) changed after July 29, 2019, which is further evidence of the change in control/ownership, consistent with the above acquisition (i.e. used to be GoDaddy's DomainControl.com nameservers, but then changed to Amazon AWS Route 53 nameservers in September 2019).
     
  4. Jv1999

    Jv1999 Spamming Exo: Dark Merc of the Exo-Tower VIP

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    so dats where our tax money goes :xf.eek::xf.eek::xf.eek:
     
  5. mattG

    mattG Top Contributor VIP

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    Welcome news, if true. I’m holding HealthInsurance.io...
     
  6. Donnyd

    Donnyd Upgraded Member Gold Account

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  7. Donnyd

    Donnyd Upgraded Member Gold Account

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    http://tibhealth.com/index.php/terms
    Via Kelsey.com

    Don
     
  8. Ravi parwani

    Ravi parwani New Member

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    Thanks for sharing. You know is the previous owner?
     
  9. gabri3l

    gabri3l Established Member

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    5. Also the domain name had a website and clientele before the purchase.
     
  10. QuestFuture

    QuestFuture Established Member

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    Thanks for sharing.
     
  11. lock

    lock FREE.MARKETING VIP

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    15L names quick buy them all.
     
  12. DomainBarracksRob

    DomainBarracksRob Top Contributor VIP

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    You were Correct! Good work with your help they
    Confirmed here in this latest DNjournal

    https://www.dnjournal.com/domainsales.htm
     
    Last edited: Mar 12, 2020
  13. Brandizer

    Brandizer Established Member

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    They will come for it. But it will take long.i suggest you approach them
     
  14. BrandCollectors.com

    BrandCollectors.com Established Member

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    wait 8M?😲 probably I should to increase the price for my
    H E A L T H - C A R E S . C O M
     

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