Orion180 Insurance prices $240 million IPO at $12 per share
- Orion180 Insurance priced 20 million Class A shares at $12.00 each
- Underwriters hold a 30-day option for 3 million additional shares
- Trading begins on Nasdaq Global Select Market on September 18, 2026
- Company ranks second in US E&S homeowners insurance by direct premiums

*this image is generated using AI for illustrative purposes only.
Orion180 Insurance Group Inc. priced its initial public offering of 20,000,000 Class A common shares at $12.00 per share, valuing the transaction at approximately $240 million before underwriting discounts.
The Melbourne, Florida-based insurer also 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 post-IPO landscape?
What are the projected impacts of the 30-day over-allotment option on the company's immediate capitalization and potential share price volatility upon Nasdaq debut?
Given its status as the second-largest E&S homeowners insurer, how might this public listing accelerate Orion180's expansion into the remaining US states where it currently lacks a presence?





























