P&C Product Manager - Comparative Rater

Orion180(R) introduces FlexLuxe, expanding insurance options for high-value homes. Customizable solution delivers up to $7.5M in Total Insured Value in Florida and Texas. October 19, 2026 09:00 ET | Source: Orion180 MELBOURNE, Fla., Oct. 19, 2026 (GLOBE NEWSWIRE) - Orion180 Insurance Group Inc. ("Orion180") (NASDAQ: OIG), a leading provider of flexible, customer-centric homeowners and flood insurance, announced today the launch of FlexLuxe Homeowners Insurance in certain coastal counties in Florida and throughout Texas, a specialized homeowners insurance product offering higher coverage limits, customizable protection, and dedicated service for high-value properties. Building on Orion180's award-winning FLEX Home Insurance platform, FlexLuxe offers dwelling coverage of up to $5M and Total Insured Value of up to $7.5M. For homeowners requiring $2M to $5M in dwelling coverage, insurance needs often extend beyond the primary residence to guest houses, detached structures, and other distinctive property features. FlexLuxe addresses this specialized market segment by offering higher limits and customizable coverage options designed to accommodate the full scope and complexities of these properties. "The high-value homeowners have distinct insurance needs, and we see an opportunity to address those needs with a more personalized approach," said Ken Gregg, Founder and CEO of Orion180. "FlexLuxe goes beyond higher coverage limits, combining thoughtful underwriting, flexible protection, and exceptional, dedicated service to deliver a seamless insurance experience for homeowners and their most valuable assets." FlexLuxe also integrates proactive risk-mitigation technology into its coverage offering. Every policy includes Orion180's complimentary Automatic Water Turn-Off System (AWTOS(R), which monitors water flow, pressure and temperature to help reduce the risk of costly water damage. Extending Orion180's award-winning approach to customizable coverage, FlexLuxe offers flexible deductible options, optional co-pay structures, extended replacement cost coverage, and specialized coverages that allow homeowners to tailor protection to their individual needs. Optional coverages include cyber protection, solar panels, increased special limits, and large loss deductible waivers. Scheduled personal property coverage provides additional choices for protecting eligible high-value possessions. FlexLuxe is currently available through partner agencies in Florida and Texas, with launch in California and other states expected soon. Learn more. Agents interested in becoming a FlexLuxe partner can click here. About Orion180 Insurance Group Inc. Orion180 Insurance Group Inc. (Orion180(R) is a founder-led technology-focused, high growth, high-margin specialty insurance group delivering innovative insurance solutions with a growing footprint across the United States. Since beginning operations in 2018, Orion180 has organically grown to become the second largest excess and surplus ("E&S") lines homeowners insurance provider in the United States by direct written premiums with a presence in 14 states. Orion180's diverse product offerings across E&S and admitted homeowners' insurance, private flood insurance, and a range of ancillary products are distributed through a network of more than 14,000 active independent agents as of June 30, 2026. Orion180's business is built on four core principles: (i) a relentless focus on innovation, (ii) real-time, data-driven decision-making through proprietary, end-to-end MY180 platform, (iii) ease of doing business, and (iv) long-term partnerships with distribution providers and reinsurance partners. Headquartered in Melbourne, Florida, Orion180 also has an office in Irving, Texas and a Service Center in Salt Lake City, Utah. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation, statements regarding the expected expansion of FlexLuxe into California and other states, and the timeline thereof; the features, benefits and performance of FlexLuxe, including its ability to accommodate the insurance needs of high-value homeowners and to provide a seamless insurance experience for homeowners and their assets; our proactive risk-mitigation technologies, including AWTOS(R), and expectations regarding these technologies helping to reduce risk of water damage; and our partner agency relationships for the distribution of FlexLuxe. Without limiting the generality of the foregoing, you can identify forward-looking statements because they contain words such as "may," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: our dependence on third-party independent agents to distribute our products; intense competition in the property insurance markets; our ability to accurately price risks and maintain adequate loss reserves; the availability and cost of reinsurance; severe weather conditions, catastrophes, and the effects of climate change; our reliance on our proprietary technology platform and rapid changes in technology, including AI; our dependence on the services of our founder and senior management team; regulatory developments; cybersecurity and data privacy risks; our level of indebtedness; general economic conditions, including changes in the housing market; and the dual class structure of our common stock. These and other important factors discussed under the caption "Risk Factors" in our final prospectus filed pursuant to Rule 424(b) on September 21, 2026 related to our initial public offering, and our other filings with the SEC, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. Orion180 Insurance Group Inc. Media: Corporate Communications [email protected] Orion180(R) and AWTOS(R) are registered trademarks of Orion180 Insurance Group, Inc. FlexLuxe is underwritten by Orion180 Insurance Company. Product availability varies by state and is subject to underwriting guidelines and the terms, conditions, and exclusions of the applicable policy.

US Market: Orion180 prices IPO below target range, raises $240 million. , ETMarkets.com Last Updated: Sep 18, 2026, 12:58:00 PM IST Orion180 Insurance raised $240 million through its US IPO after pricing 20 million shares at $12 each, below its targeted range of $15-$17. The insurer is set to list on Nasdaq as the US IPO pipeline gains momentum. Orion180 Insurance priced its U.S. initial public offering below its targeted range on Thursday, raising $240 million as insurers join a growing pipeline of companies seeking to tap investor demand during the fall listing season. The Melbourne, Florida-based insurer sold 20 million shares at $12 each, below its indicated price range of $15 to $17. As on 18 Sep 2026, 01:30 AM IST S&P 500 top losers. DaVita 183.09(-5.56%) The IPO comes as the U.S. equity market's fall issuance calendar begins to gain momentum despite early macroeconomic headwinds. Several insurance companies and other high-profile candidates are preparing to enter the public markets, potentially providing a boost to new-issue activity. CVC-backed Bamboo Insurance launched its roadshow this week, seeking to raise as much as $700 million. Hub International, backed by Hellman & Friedman, confidentially filed for an IPO in June. Founded in 2018 by Kenneth Gregg, Orion180 provides excess and surplus lines homeowners insurance across 14 U.S. states. Its key markets include Texas, California and Florida. Orion180 and Bamboo Insurance have highlighted relatively low loss ratios, which the companies attribute to their underwriting platforms, while both businesses have also recorded rapid growth, Reuters reported, citing Renaissance Capital research. However, investors have closely scrutinised insurance companies entering the public markets in recent years. Some insurers have faced pressure to demonstrate the sustainability of their underwriting performance and growth after going public. RBC Capital Markets, UBS Investment Bank and Raymond James are serving as lead book-running managers for Orion180's offering. The company is expected to begin trading on the Nasdaq on Friday under the ticker symbol "OIG." (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times.)