Orion180 Insurance prices IPO at $12 per share on 12 million shares
- Orion180 Insurance priced its IPO at $12 per share, above the $11.75 indicative price
- The deal involves 12 million Class A common shares, valuing the transaction at ~$144 million
- Underwriters hold a 30-day option for an additional 3 million shares at the same price
- Shares will trade on Nasdaq Global Select Market under ticker "OIG" starting September 18, 2026

*this image is generated using AI for illustrative purposes only.
Orion180 Insurance Group Inc. priced its initial public offering of 12,000,000 Class A common shares at $12.00 per share. This pricing sits above the company's earlier indicative range of $11.75 per share.
The transaction values the offering at approximately $144 million before underwriting discounts. The Melbourne, Florida-based insurer granted underwriters a 30-day option to purchase up to an additional 3,000,000 shares at the same price.
Shares are expected to begin trading on the Nasdaq Global Select Market on September 18, 2026, under the ticker symbol "OIG." The offering is scheduled to close on September 21, 2026, subject to customary closing conditions.
Underwriting Consortium
RBC Capital Markets, UBS Investment Bank, and Raymond James acted as lead book-running managers for the offering. Goldman Sachs & Co. LLC, Deutsche Bank Securities, Citizens Capital Markets, and Texas Capital Securities served as book-running managers.
A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. The offering is being made only by means of a prospectus.
Business Profile
Founded in 2018, Orion180 operates as a technology-focused specialty insurance group with a presence in 14 states across the United States. As of June 30, 2026, the company reported being the second largest excess and surplus (E&S) lines homeowners insurance provider in the US by direct written premiums.
Its distribution network includes more than 14,000 active independent agents. Product offerings span E&S and admitted homeowners insurance, private flood insurance, and ancillary products, supported by its proprietary MY180 platform for real-time, data-driven decision-making.
How will Orion180's proprietary MY180 platform influence its competitive positioning against traditional insurers in the E&S homeowners market post-IPO?
What is the likelihood of underwriters exercising the 30-day option to purchase an additional 3,000,000 shares, and what would that signal about investor sentiment?
How might the $144 million capital raise impact Orion180's expansion strategy into new states or product lines beyond its current 14-state footprint?





























