Ancillary Benefits Carrier Renaissance Announces Agreement to Acquire Supplemental Health Plan Innovator Ansel Health

INDIANAPOLIS, Sept. 17, 2025 ~ Renaissance Life & Health Insurance Company of America, a national ancillary benefits carrier, has announced today that it has signed an agreement to acquire Ansel Health, a technology solutions company that specializes in supplemental health insurance. This acquisition is a testament to Renaissance's commitment to providing innovative insurance solutions that are user-friendly and help customers achieve their financial and wellness goals.

Ansel Health has revolutionized the delivery of supplemental health benefits by utilizing cutting-edge technology and simplifying the process for members. Their unique approach allows for payouts to be issued if a member is diagnosed with any of the 13,000+ medical conditions covered, without requiring accident or hospitalization. This has set a new standard for simplicity and impact in the industry.

The two companies have been working closely together over the past year to launch RenSecureHealth, a product designed to bridge coverage gaps and provide significant value to employees, employers, and brokers. Through this partnership, Renaissance has witnessed firsthand the value that Ansel adds to their organization and clients.

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"We are thrilled to welcome Ansel to Renaissance," said Diana Steinhoff, LMHC, president and CEO of Renaissance. "Their innovation has brought tangible benefits to our development of RenSecureHealth. By joining forces, we are committed to being at the forefront of this transformation in supplemental health insurance."

Veer Gidwaney, founder and CEO of Ansel Health also expressed excitement about the acquisition stating, "This is an exciting next step in our partnership with Renaissance as we share a mission to alleviate the financial burden of health hardships for Americans nationwide."

This acquisition aligns with Renaissance's mission to empower brokers and employers with flexible solutions that meet the evolving needs of their customers. With rising healthcare costs and high-deductible health plans becoming more prevalent, RenSecureHealth offers an affordable way for employers to enhance their benefits packages. Members who enroll in RenSecureHealth will have access to fast financial support that can be used towards medical bills, lost wages, or other unexpected expenses.

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While the acquisition is subject to customary closing conditions and regulatory approvals, both Renaissance and Ansel are committed to ensuring a smooth transition for all partners. Renaissance will acquire Ansel's technology assets and retain their talented professionals who support the solution. Brokers, employers, and members can expect to continue working with their trusted teams from both companies.

"This strategic move will enhance our capabilities, efficiency, and innovation," Steinhoff stated. "It will also open up new product opportunities and provide a seamless benefits experience for all stakeholders. We are excited about the long-term vision of broadening our offerings, reaching new markets, and solidifying our position as a leader in innovative benefit solutions."

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