 To create the Freelancers Insurance Company, Ms. Horowitz needed to persuade investors to put up $17 million.The Rockefeller Foundation and others gave $7 million in grants, and additional foundations joined in, agreeing to lend the rest at a 3 percent interest rate.” FIC began offering health insurance to members of Freelancers Union on January 1, 2009.As a fully licensed insurance company in the state of New York, FIC sold a group insurance policy to Freelancers Union, thereby covering eligible members of Freelancers Union living in New York.