Quick Take
SelectQuote (SLQT) has filed to raise $100 million in an IPO of its common stock, according to an S-1 registration statement.
The firm operates an online service that enables insurance carriers to compete for customers seeking senior health, life, automobile, and home insurance coverage.
SLQT is growing quickly and is producing earnings, so is a worthy competitor to Everquote (EVER).
I’ll provide an update when we learn more IPO details from management.
Company & Technology
Overland Park, Kansas-based SelectQuote was founded to provide insurance companies of many types