Orion180 Insurance Group, which provides excess and surplus home insurance concentrated in the US Southeast, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
Orion180 Insurance Group states it is the second largest excess and surplus (“E&S”) lines homeowners insurance provider in the United States by direct written premiums with a presence in 14 states, approximately $601 million in managed premiums written for the last twelve months ended June 30, 2026, and over 670,000 policies sold since inception. Its diverse product offerings across E&S and admitted homeowners’ insurance, private flood insurance, and a range of ancillary products are distributed through a network of more than 14,000 active independent agents as of June 30, 2026. In 2025, 51% of its manager written premiums were for traditional non-admitted products, with a focus on coastal and catastrophe-exposed properties in higher-risk geographies.
The Melbourne, FL-based company was founded in 2015 and plans to list on the Nasdaq under the symbol OIG. Orion180 Insurance Group filed confidentially on April 27, 2026. RBC Capital Markets, UBS Investment Bank, Raymond James, Goldman Sachs, Deutsche Bank, Citizens JMP, and Texas Capital Securities are the joint bookrunners on the deal. No pricing terms were disclosed.
