Predictive analytics meets auto insurance marketplace
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- Seeking Alpha
- 1 week ago
- SelectQuote is an insurance brokerage platform that debuted on the NYSE Thursday morning and raised $360 million after selling shares in its initial public offering (IPO).
- The deal being run by Credit Suisse (CS) and Morgan Stanley (MS) priced $20 above the range of $17-$19 per share, raising more than $450 million and giving the company a valuation of around $3 billion.
- SelectQuote is an insurance broker that matches insurance policies from leading providers to prospects in the selection stage of the sales cycle.
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