Use Celent's VendorMatch to identify insurance exchanges. An insurance exchange is a solution that allows employees or individuals to exchange funds — a defined amount provided by their employer, their own funds, or a combination of the two — for benefits that best fit their needs and the needs of their dependents. Private Exchanges are available to a limited audience, such as a specific employer or employer group. Public exchanges are available to the general public, but could be available to individuals or small groups customers. Typically, private exchanges are usually accessible only through a secure logon provided to the user whereas Public exchanges can be self-registered and accessible to any appropriate customer.