Dear Future Orion180 Insurance Stock Investors, Mark Your Calendars for Sept. 18

Amid a fresh wave of initial public offerings (IPOs) hitting Wall Street this month, Orion180 Insurance Group is gearing up for its Nasdaq debut on Sept. 18. The leading provider of flexible, customer-centric homeowners and flood insurance solutions announced earlier this month that it has launched the roadshow for its proposed initial public offering of Class A common stock. With its public debut just around the corner, investors are turning their attention to the insurance newcomer and its plans for the market.

Orion180 has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) to offer 20 million shares of its Class A common stock to the public. In addition, the company intends to grant underwriters a 30-day option to purchase up to an additional 3 million shares at the offering price, less underwriting discounts and commissions. The IPO is expected to be priced between $15.00 and $17.00 per share, giving the offering a potential base size of $300 million to $340 million at a valuation of around $1.7 billion.

Orion180 has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol "OIG." RBC Capital Markets, UBS Investment Bank, and Raymond James will act as lead book-running managers. Goldman Sachs, Deutsche Bank Securities, Citizens Capital Markets, and Texas Capital Securities will serve as book-running managers for the proposed offering. So, with Orion180's public debut fast approaching, here's what investors need to know about the insurance company and its upcoming Wall Street listing.

Florida-based Orion180 is bringing a technology-driven approach to the insurance industry. Founded in 2018, the founder-led, high-growth, high-margin specialty insurance group has organically grown into the second-largest excess and surplus (E&S) lines homeowners insurance provider in the U.S. by direct written premiums. With a presence in 14 states, approximately $601 million in managed premiums written over the last 12 months ended June 30, and more than 670,000 policies sold since inception, Orion180 is building a growing presence in the American insurance market.

Its product portfolio spans E&S and admitted homeowners' insurance, private flood insurance, and a range of ancillary products. These offerings reach customers through a network of more than 14,000 active independent agents as of June 30, giving Orion180 a broad distribution platform across its markets. Behind the business is a two-part operating model. Its Services Companies provide MGA, claims management, and other insurance services, generating approximately 70% of combined Services and Underwriting revenue for the last 12 months, including intercompany revenue earned through service arrangements between the two segments.