HCI-Backed Insurtech Firm Exzeo Group Raises $168 Million in IPO

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Exzeo Group, an insurtech firm backed by HCI Group, raised $168 million in its IPO, pricing at the midpoint of its marketed range.

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Market impact analysis based on bullish sentiment with 80% confidence.

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Bullish
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80%

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Exzeo Group Inc., an insurance technology firm backed by HCI Group Inc., raised $168 million in an initial public offering that priced at the midpoint of its marketed range, joining a handful of firms going public during the government shutdown.

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Original article published by Bloomberg on November 5, 2025.
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