Orion180 Insurance Group Inc./$OIG
1D1W1MYTD1Y5YMAX
Capital at risk
About Orion180 Insurance Group Inc.
Orion180 Insurance Group Inc operating as an insurance holding company. It is a founder-led, technology-focused, high-growth, high-margin specialty insurance group delivering insurance solutions with a growing footprint across the United States. The group operates in two segments: Services and Underwriting. The Services segment includes technology-enabled policy servicing operations, including intercompany revenue earned through service arrangements between the Services and Underwriting segments. The Underwriting segment includes a conventional, regulated insurance model focused on risk selection, pricing, and statutory capital management. The segment also includes a segregated cell designed to assume reinsurance risk.
- Ticker
- $OIG
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- 300
- Headquarters
- Melbourne, United States
- Website
- www.orion180.com
OIG Metrics
BasicAdvanced
$1.2B
-
$0.16
-
-
Price and volume
Market cap
$1.2B
Financial strength
Current ratio
0.993
Quick ratio
0.295
Long term debt to equity
-1.862
Total debt to equity
-1.882
Dividend payout ratio (TTM)
497.01%
Interest coverage (TTM)
8.77%
Profitability
Gross margin (TTM)
89.07%
Net profit margin (TTM)
21.49%
Operating margin (TTM)
39.35%
Effective tax rate (TTM)
26.91%
Revenue per employee (TTM)
$510,000
Management effectiveness
Valuation
Price to book
-18.37
Price to tangible book (TTM)
-16.29
Free cash flow per share (TTM)
0.551
Growth
Bulls say / Bears say
Orion180 is growing quickly while moving into profit. First-half 2026 revenue rose to $80.1 million from $50.4 million, and net income turned positive at $13.5 million versus a $3 million loss a year earlier; managed premiums reached about $601 million over the preceding 12 months. (Insurance Business, Reuters)
Orion180 is positioned in a market benefiting from admitted insurers retreating from catastrophe-exposed states. US E&S homeowners direct premiums rose 29.5% in 2025, while Orion180 expanded across 14 states and distributed through more than 14,000 active independent agents. (Insurance Business, Reuters)
Its proprietary MY180 platform supports agent onboarding, pricing, policy administration and claims handling, giving Orion180 a technology-led way to scale. The company also secured $1.15 billion of 2026 reinsurance capacity from 41 reinsurers, 36% more than its 2025 tower, which supports expansion and claims-paying resilience. (Insurtech Analyst, Markets Insider)
Investor demand was weaker than hoped: OIG priced at $12, below its $15–$17 target range, then opened at $11.50 and was valued at about $1.14 billion. That soft debut suggests the market is cautious about paying a growth multiple for a newly listed catastrophe insurer. (Reuters)
The growth opportunity is tied to concentrated catastrophe exposure. Orion180’s key markets include Florida, Texas and California, while its E&S and flood products cover properties exposed to hurricanes, flooding and wildfires. (Reuters, Insurance Business)
The capital-light model depends heavily on reinsurance and disciplined underwriting. External reporting flags reinsurance cost and counterparty risk, while a combined ratio above 100% in the underwriting segment would mean that premium growth is not yet translating into underwriting profit. (Seeking Alpha, Oninvest)
Data summarised monthly by Lightyear AI. Last updated on 21 Sept 2026.
OIG Financial Performance
Revenues and expenses
Upcoming events
No upcoming events
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.