Reported about 8 hours ago
Exzeo Group, a Florida-based insurance technology firm, raised $168 million during its U.S. initial public offering by pricing 8 million shares at $21 each. This valuation could reach approximately $1.91 billion. The company, established in 2012, offers operational solutions for property and casualty insurers. Exzeo is the latest in a series of insurance firms to go public amid a resurgence in U.S. IPO activity despite recent market fluctuations and a government shutdown causing delays.
Source: YAHOO