Orion180, Technology

Orion180, Technology-Focused Specialty Insurer, Files for Nasdaq IPO

Orion180 filed an S-1 to go public on the Nasdaq under the proposed ticker "OIG." The technology-focused specialty insurer offers homeowners and private flood coverage through a dual services-and-underwriting model and a nationwide independent agent network. The company plans to use proceeds for general corporate purposes, growth capital, and may repay a portion of its new credit facility.

Orion180 is a technology-focused specialty insurance group that distributes homeowners and private residential flood insurance through approximately 6,000 independent agencies and more than 14,000 active independent agents. The company operates a dual-segment model: Services (MGA, claims administration, and technology/IoT) that generates fee-based revenue outside regulated entities, and Underwriting via in-house fronting carriers that retain a portion of risk and cede the majority to a broad panel of highly rated reinsurers.

Its proprietary MY180 platform powers agent onboarding, automated underwriting and pricing, policy administration, and seamless claims handling, leveraging third-party data, geospatial analytics, and machine learning. Core products include traditional admitted and E&S homeowners, the customizable E&S FLEX homeowners product, private flood (standalone and embedded), and ancillary offerings such as the Auto Water Turn-off System (AWTOS) and PryzmIQ, an AI-enabled self-inspection tool. Orion180 emphasizes rapid product updates, real-time exposure management, and a diversified reinsurance program (quota share and XOL) to support capital-efficient growth.

Original SEC Filing: Orion180 Insurance Group Inc. - S-1 - Aug. 20, 2026