Exzeo Group
General Information | |
Business: | (Incorporated in the Cayman Islands)Note: This company is going public via a carve-out from the HCI Group, according to the prospectus. Exzeo was established in 2012 as the technology and innovation division of HCI. We are now a majority owned subsidiary of HCI. HCI is a Florida corporation and publicly traded company listed on the New York Stock Exchange under the symbol “HCI” with operations in homeowners’ insurance, reinsurance, real estate, and information technology. Immediately prior to this offering, HCI holds approximately 90.69% of our outstanding common stock, and current and former employees and directors of Exzeo hold the remaining approximately 9.31%.We provide P&C (property and casualty insurance) carriers and their agents with insurance technology solutions through our Exzeo Platform, The platform offers nine software and data analytics applications for functions that include insurance quotes and underwriting as well as claim management, data and analytics and other functions.We serve customers in 13 states. We have insurance agency licenses or managing general agent licenses in 29 states.Our insurance solutions support over $1.2 billion of premiums in force.Note: Revenue is for the 12 months that ended June 30, 2025.(Note: Exzeo Group filed its S-1 for its IPO on Sept. 24, 2025, without disclosing the terms. Estimated initial proceeds are $100 million, a placeholder figure.).
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Industry: | Insurance - Property & Casualty Insurance |
Employees: | 352 |
Founded: | 2012 |
Contact Information | |
Address | 1000 Century Park Drive Tampa, Florida 33607 813-776-1000 |
Phone Number | (813)-776-1000 |
Web Address | http://www.exzeo.com/ |
View Prospectus: | Exzeo Group |
Financial Information | |
Market Cap | |
Revenues | $182.14 mil (last 12 months) |
Net Income | $56.57 mil (last 12 months) |
IPO Profile | |
Symbol | XZO |
Exchange | NYSE |
Shares (millions): | 0.0 |
Price range | $0.00 - $0.00 |
Est. $ Volume | $100.0 mil |
Manager / Joint Managers | Truist Securities/Citizens JMP/William Blair |
CO-Managers | |
Expected To Trade: | |
Status: | TBA |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |