Insurance platform Ethos Technologies Inc. and some of its shareholders raised roughly $200 million in an initial public offering, becoming the latest in the sector to go public. The oversubscribed offering consisted of 5.1 million shares sold by Ethos and 5.4 million shares offered by the selling shareholders. Most Read from BloombergRead: Insurance Platform Ethos, Backers Seeking $211 Million in IPOAt the IPO price, Ethos would have a market value of about $1.2 billion based on the outstanding shares listed in its filings. Ethos had net income of $46.6 million on revenue of $277.5 million for the nine months ended Sept. 30, compared with net income of $39.3 million on revenue of $188.4 million from a year earlier, according to the filing. Ethos follows several US-based insurance-sector companies that have gone public in recent months, including Neptune Insurance Holdings Inc., Slide Insurance Holdings Inc. and Aspen Insurance Holdings Ltd.