Property and casualty insurance analysis platform Exzeo (XZO.US) submits application for IPO on US stock market, planning to raise 100 million US dollars.

The property and casualty insurance and analytics platform Exzeo Group, spun off from HCI Group, submitted an IPO application to the US Securities and Exchange Commission on Thursday, with plans 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 quoting and underwriting, policy management, claims management, data and analytics, reporting and financial management functions. Exzeo currently serves customers in 13 states, although it holds insurance agency or managing general agency licenses in 29 states, and its solutions support managing over $1.2 billion in written premiums. Founded in 2012, Exzeo's revenue for the trailing 12 months ending June 30, 2025, was $182 million. The company plans to list on the New York Stock Exchange under the ticker symbol XZO. Exzeo Group submitted a confidential filing on August 6, 2025. Trust Securities, Citizens JMP and William Blair are acting as joint book-running managers for the offering. The company has not yet disclosed pricing terms.