Health Insurance Innovations files for a $86 million IPO

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Health Insurance Innovations, which offers medical insurance plans for the uninsured and underinsured, filed on Thursday with the SEC to raise up to $86 million in an initial public offering. The Tampa, FL-based company, which began operations in 2008 and booked $38 million in sales for the 12 months ended 9/30/2012, plans to list on the NASDAQ under the symbol HIIQ. Credit Suisse, Citi and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



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