Exzeo Group, Inc. (XZO)

Exzeo Group, Inc. is an insurance technology company based in Tampa, Florida, whose common stock trades on the New York Stock Exchange. The company was developed within HCI Group, the Florida-based property and casualty insurance holding company, and was later separated into its own publicly traded entity.

Exzeo builds cloud-based software for property and casualty insurers. Its platform supports the core functions of an insurance carrier, including policy underwriting, rating and administration, claims management, and distribution through agents, and it makes heavy use of data analytics to evaluate property risk.

The technology was originally used to run the insurance subsidiaries of HCI Group, including homeowners insurance operations in Florida and other states, and Exzeo provides its software and related services to those affiliated carriers as well as to other insurance organizations.