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Stock impact report

Exzeo Announces Strategic Partnership with Tokio Marine Highland To Offer Primary Residential Flood Insurance Program

Exzeo Group, Inc. (XZO) 
Company Research Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--Exzeo Group, Inc. (NYSE:XZO) today announced a new strategic partnership with Tokio Marine Highland, a wholly owned subsidiary of Tokio Marine Kiln (TMK), a leading international insurer and member of Tokio Marine Group. As part of this partnership, Exzeo will distribute TMH2O, Tokio Marine Highland’s primary residential flood insurance product.“We are excited to add a new partner and product to our platform,” said Paresh Patel, Chief Executive Officer of Exzeo. “By combining their product with our advanced technology and underwriting capabilities, we are offering a solution to the flood market that automates underwriting with technology efficiency and provides long-term profitability.”With this new partnership, the Exzeo Platform now includes homeowners, commercial residential, and flood insurance products across multiple states, further expanding its property insurance offerings and strengthening its position as a comprehensive, multi-line technolog Show less Read more
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