Orion180 Files for Nasdaq IPO as Flood Insurance Demand Rises

Founded in 2018 and based in Melbourne, Florida, Orion180 Insurance Group uses its proprietary MY180 platform to automate underwriting and distributes homeowners, excess-and-surplus and private flood policies through more than 14,000 independent agents. The company is seeking to capitalize on insurers’ retreat from catastrophe-exposed markets and rising demand for alternative coverage. Its targeted E&S homeowners segment expanded at a roughly 25% compound annual rate over five years to $4 billion in premiums at the end of 2025.

Orion180 filed an S-1 registration statement with the U.S. Securities and Exchange Commission on Aug. 20, 2026, seeking to list Class A shares on the Nasdaq Global Select Market under the symbol “OIG.” The share count, price range and offering size have not been set. Revenue rose to $80.1 million in the first half of 2026 from $50.4 million a year earlier, while net income reached $13.5 million versus a $3 million loss. Direct written premiums totaled about $601 million in the 12 months through June 30, 2026.