Bamboo Insurance Files Registration Statement for Proposed Initial Public Offering
The insurer plans to list under the ticker BMB as it reports nearly $900 million in premiums and $173 million in six-month revenue.
- On Friday, CVC-backed Bamboo Insurance Services filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering. The company intends to list on the New York Stock Exchange under the ticker symbol "BMB."
- Founded in 2018 and led by industry veteran John Chu, Bamboo launched in California during a period of frequent wildfires when insurers scaled back operations. The company has since expanded to Texas, driving profitable growth in the residential property market.
- Bamboo reported total revenue of $173 million for the six months through June 30, compared with $124 million in the same period a year earlier. Managed premiums have nearly doubled to nearly $900 million from $451 million.
- J.P. Morgan, Morgan Stanley, Deutsche Bank Securities, Evercore ISI, and Wells Fargo Securities are serving as underwriters on the offering. White Mountains Insurance sold a majority stake to CVC last year, valuing the company at $1.75 billion.
- The filing signals renewed interest among insurers to go public in a booming market for new listings. The registration statement has been filed with the SEC but has not yet become effective, preventing securities sales until approval.
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25 Articles
Montana Standard
Bamboo Insurance Files Registration Statement for Proposed Initial Public Offering
MIDVALE, Utah, Aug. 28, 2026 /PRNewswire/ -- Bamboo Insurance Services, Inc. ("Bamboo Insurance") today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public…
Bamboo Insurance Services Files Form S-1 for Proposed Initial Public Offering
Bamboo Insurance Services, Inc. filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission on August 28, 2026, to initiate a proposed initial public offering of its common stock. The Midvale, Utah-based company submitted the filing to begin the formal regulatory process required for the firm to transition into a publicly traded entity. The registration statement outlines the preliminary details of the offering, t…
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