Fortegra Financial, which provides distribution and administrative services to insurance companies, brokers and agents, filed on Thursday with the SEC to raise up to $125 million in an initial public offering. The Jacksonville, FL-based company, which was founded in 1981 and booked $94 million in sales for the 12 months ended June 30, plans to list on the NYSE under the symbol FRF. Piper Jaffray and Suntrust Robinson Humphrey are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.
