Exzeo Group, a property and casualty underwriting and analytics platform being carved out of HCI Group, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
Exzeo provides insurance technology solutions for property and casualty carriers and their agents through its proprietary Exzeo Platform, which currently includes nine software and data analytics applications that support functions such as quoting and underwriting, policy administration, claims management, data and analytics, reporting, and financial management. Exzeo currently serves customers in 13 states, though it holds insurance agency or managing general agent licenses in 29 states, and its solutions support the management of over $1.2 billion of in-force premiums.
The Tampa, FL-based company was founded in 2012 and booked $182 million in revenue for the 12 months ended June 30, 2025. It plans to list on the NYSE under the symbol XZO. Exzeo Group filed confidentially on August 6, 2025. Truist Securities, Citizens JMP, and William Blair are the joint bookrunners on the deal. No pricing terms were disclosed.
