The property and casualty insurance analysis platform Exzeo has submitted an IPO application for the US stock market, aiming to raise $100 million
Exzeo Group, a property and casualty insurance and analytics platform spun off from HCI Group, submitted an IPO application to the U.S. Securities and Exchange Commission on Thursday, planning to raise $100 million. Exzeo provides insurance technology solutions for property and casualty underwriters and their agents through its proprietary Exzeo platform, which currently includes 9 software and data analytics applications supporting functions such as quoting and underwriting, policy management, claims management, data and analytics, reporting, and financial management. Exzeo currently serves clients in 13 states, although it holds insurance agency or managing general agent licenses in 29 states, and its solutions support the management of over $1.2 billion in active premiums. Founded in 2012, Exzeo reported $182 million in revenue for the 12 months ending June 30, 2025. The company plans to list on the New York Stock Exchange under the ticker symbol XZO. Exzeo Group submitted a confidential application on August 6, 2025. Trust Securities, Citizens JMP, and William Blair are the joint bookrunners for the transaction. The company has not yet disclosed pricing terms
According to the Zhitong Finance APP, Exzeo Group, a property and casualty insurance and analytics platform spun off from HCI Group, submitted an IPO application to the U.S. Securities and Exchange Commission on Thursday, planning to raise $100 million.
Exzeo provides insurance technology solutions for property and casualty underwriters and their agents through its proprietary Exzeo platform, which currently includes nine software and data analytics applications supporting functions such as quoting and underwriting, policy management, claims management, data and analytics, reporting, and financial management. Exzeo currently serves clients in 13 states, although it holds insurance agency or managing general agent licenses in 29 states, and its solutions support the management of over $1.2 billion in effective premiums.
Exzeo was founded in 2012, and as of June 30, 2025, its 12-month revenue was $182 million. The company plans to list on the New York Stock Exchange under the ticker symbol XZO. Exzeo Group submitted a confidential application on August 6, 2025. Trust Securities, Citizens JMP, and William Blair are the joint bookrunners for this transaction. The company has not yet disclosed pricing terms
