Bamboo Insurance Files Registration Statement for Proposed Initial Public Offering
J.P. Morgan and Morgan Stanley will act as joint lead bookrunning managers, and Deutsche Bank Securities, Evercore ISI and Wells Fargo Securities will act as active bookrunning managers on the proposed offering.
The proposed offering will be made available only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions,
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Bamboo Insurance
Bamboo Insurance is a technology-enabled, underwriting-first, and capital-light MGU (managing general underwriter) focused on homeowners' coverage and purpose-built for the new era of insurance. Bamboo Insurance leverages AI and technology to deliver value—combining industry-leading speed, precise and data-driven underwriting, proprietary insights, deep industry expertise and diversified, growing capacity.
As a fast-growing MGU with strong profitability and a substantial runway for continued growth, Bamboo Insurance manages all functions across the insurance value chain, including data science and advanced analytics, underwriting and claims handling, while partnering with a diversified group of highly-rated capacity providers.
Media Contact
Colleen Hsia
[email protected]
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SOURCE Bamboo Insurance
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