Orion180 Insurance Group Grows Into U.S. IPO Plan

Orion180 Insurance Group is a quickly growing hybrid insurer and MGA, targeting the residential E&S market across 14 U.S. states. OIG has demonstrated strong consolidated profitability, robust revenue growth, and impressive cash generation, but underwriting performance remains challenged with combined ratios above 100%. The company's growth strategy focuses on geographic and product diversification, private flood expansion, and reducing concentration risk, while maintaining a capital-light model via reinsurance.