U.S. insurance company Orion180 Insurance Group (OIG.US) IPO priced at $15 to $17 per share, plans to raise $320 millions.

According to Golden Ten Data APP, US insurance company Orion180 Insurance Group (OIG.US) announced its IPO terms on Wednesday. The Melbourne, Florida-based company plans to raise $320 million by offering 20 million shares at a price range of $15 to $17 per share. At the midpoint of the proposed range, Orion180 Insurance Group's fully diluted market value will reach $1.6 billion.

Orion180 Insurance Group stated that, based on direct written premiums, the company is the second-largest Excess and Surplus (“E&S”) homeowners insurance provider in the US, operating in 14 states. For the twelve months ended June 30, 2026, it managed gross written premiums of approximately $601 million and has sold over 670,000 policies since its founding. As of June 30, 2026, its diversified product portfolio includes E&S and admitted homeowners insurance, private flood insurance, and a range of ancillary products, all distributed through a network of over 14,000 active independent agents. In 2025, 51% of its managed gross written premiums originated from traditional non-admitted products, with a focus on coastal and catastrophe-prone properties in high-risk areas.

Orion180 Insurance Group was founded in 2015 and achieved revenue of $145 million for the twelve months ended June 30, 2026. The company plans to list on NASDAQ under the ticker symbol OIG. RBC Capital Markets, UBS Investment Bank, Raymond James, Goldman Sachs, Deutsche Bank, Citizens JMP, and Texas Capital Securities are acting as joint bookrunners for this transaction. Pricing is expected during the week of September 14, 2026.