AARP Services Inc. Selects Connecture, Inc. to Launch Innovative Insurance-Shopping Website
October 18 2016 - 9:00AM
Connecture, Inc. (NASDAQ:CNXR), a provider of web-based information
systems used to create health insurance marketplaces, announced
today that it has been selected to create and operate an
AARP-branded online marketplace designed exclusively for people 50
and over.
The new website will leverage Connecture’s advanced comparison
tools and personalized support technology to deliver a robust and
holistic shopping experience. The AARP Direct Select platform will
guide AARP’s members and other consumers through the comparison and
purchasing process across a wide selection of health insurance and
financial products.
“Connecture’s extensive experience and demonstrated success in
developing customized shopping and enrollment portals makes them a
natural fit to fulfill the vision of AARP Direct Select,” said
Larry Flanagan, President and CEO of AARP Services Inc., AARP’s
wholly-owned subsidiary. “Their technology infrastructure and
consumer insights will provide a robust shopping site that serves
millions of members and consumers.”
“The relationship with AARP Services Inc. represents a
game-changing collaboration,” said Jeff Surges, President and CEO
of Connecture. “Our mutual goal of helping people improve their
health and financial well-being provides a powerful foundation for
AARP Direct Select. It will not only serve the largest membership
base of its kind, but also allow consumers ages 50 and over access
to products that meet their specific needs and financial
situations.”
Connecture has launched a pilot version of the online
marketplace in select states, including Arizona, Illinois, Utah,
Michigan, Ohio, Indiana, Wisconsin and Pennsylvania. Additional
states are scheduled for 2017.
About ConnectureConnecture (NASDAQ:CNXR) is a
leading web-based consumer shopping, enrollment and retention
platform for health insurance distribution. Connecture offers a
personalized health insurance shopping experience that recommends
the best fit insurance plan based on an individual’s preferences,
health status, preferred providers, medications and expected
out-of-pocket costs. Connecture’s customers are health insurance
marketplace operators such as health plans, brokers and exchange
operators, who must distribute health insurance in a cost-effective
manner to a growing number of insured consumers. Connecture’s
solutions automate key functions in the health insurance
distribution process, allowing its customers to price and present
plan options accurately to consumers and efficiently enroll, renew
and manage plan members. For more information, visit
www.connecture.com.
About AARP Services Inc.AARP Services Inc.,
founded in 1999, is a wholly-owned taxable subsidiary of AARP. AARP
Services manages the provider relationships for and performs
quality control oversight of the wide range of products and
services that carry the AARP name and are made available by
independent providers as benefits to AARP’s millions of members.
The provider offers currently span health products, financial
products, travel and leisure products, and life event services.
Specific products include Medicare supplemental insurance; credit
cards, auto and home, mobile home and motorcycle insurance, life
insurance and annuities; member discounts on rental cars, cruises,
vacation packages and lodging; special offers on technology and
gifts; pharmacy services and legal services. AARP Services also
engages in new product development activities for AARP and provides
certain consulting services to outside companies.
Media Contact
Matt Schlossberg
Amendola Communications for Connecture, Inc.
(630) 935-9136
mschlossberg@acmarketingpr.com