Orion180 Insurance (OIG)


Market Price (9/21/2026): $11.75 | Market Cap: $-Sector: Financials | Industry: Property & Casualty Insurance

Orion180 Insurance (OIG)


Market Price (9/21/2026): $11.75
Market Cap: $-
Sector: Financials
Industry: Property & Casualty Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Stock price has recently run up significantly
6M Rtn6 month market price return is 11659900%, 12M Rtn12 month market price return is 11659900%

High stock price volatility
Vol 12M is 11659900%

Key risks
OIG key risks include [1] its concentrated exposure to catastrophic weather events in coastal U.S. Show more.

0 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
1 Stock price has recently run up significantly
6M Rtn6 month market price return is 11659900%, 12M Rtn12 month market price return is 11659900%
2 High stock price volatility
Vol 12M is 11659900%
3 Key risks
OIG key risks include [1] its concentrated exposure to catastrophic weather events in coastal U.S. Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

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Updated on 9/18/2026

Orion180 Insurance (OIG) stock has gained about 11659900% since 5/31/2026 because of the following key factors:

1. Initial Public Offering (IPO) on September 18, 2026. The primary reason for the significant stock movement is Orion180 Insurance Group's debut on the Nasdaq Global Select Market on September 18, 2026, under the ticker symbol "OIG". The company priced its initial public offering at $12.00 per share, raising $240 million by selling 20 million shares, effectively establishing its public market valuation from a pre-public state. This event marks the transition from a private entity to a publicly traded one, explaining the substantial percentage gain from a theoretical nominal value prior to its listing. While the IPO priced below its initial target range of $15.00 to $17.00 per share, the successful listing provided immediate liquidity and capital for the company.

2. Strong Financial Performance in the first half of fiscal year 2026. Leading up to its IPO, Orion180 Insurance Group demonstrated robust financial growth and a notable swing to profitability. For the twelve months ended June 30, 2026, the company reported approximately $601 million in managed premiums written and achieved a net income of $26.82 million on revenues of $153.14 million. More specifically, in the first half of fiscal year 2026 (ended June 30, 2026), Orion180 swung to a net profit of $13.5 million, a significant improvement compared to a net loss of $3 million in the first half of fiscal year 2025. This positive financial trajectory likely contributed to investor confidence during its public offering.

Show more
Updated on 9/18/2026

Orion180 Insurance (OIG) stock has gained about 11659900% since 5/31/2026 because of the following key factors:

1. Initial Public Offering (IPO) on September 18, 2026. The primary reason for the significant stock movement is Orion180 Insurance Group's debut on the Nasdaq Global Select Market on September 18, 2026, under the ticker symbol "OIG". The company priced its initial public offering at $12.00 per share, raising $240 million by selling 20 million shares, effectively establishing its public market valuation from a pre-public state. This event marks the transition from a private entity to a publicly traded one, explaining the substantial percentage gain from a theoretical nominal value prior to its listing. While the IPO priced below its initial target range of $15.00 to $17.00 per share, the successful listing provided immediate liquidity and capital for the company.

2. Strong Financial Performance in the first half of fiscal year 2026. Leading up to its IPO, Orion180 Insurance Group demonstrated robust financial growth and a notable swing to profitability. For the twelve months ended June 30, 2026, the company reported approximately $601 million in managed premiums written and achieved a net income of $26.82 million on revenues of $153.14 million. More specifically, in the first half of fiscal year 2026 (ended June 30, 2026), Orion180 swung to a net profit of $13.5 million, a significant improvement compared to a net loss of $3 million in the first half of fiscal year 2025. This positive financial trajectory likely contributed to investor confidence during its public offering.

3. Market Position and Technology-Driven Underwriting. Orion180 Insurance Group positioned itself as a leading specialty insurer with a unique, technology-focused model. The company is the second-largest excess and surplus ("E&S") lines homeowners insurance provider in the United States by direct written premiums. Its proprietary MY180 platform and advanced data science allowed for superior underwriting results, boasting an average direct loss ratio of 36% since inception as of December 31, 2025. This performance notably outpaced the homeowners insurance industry average by approximately 30 percentage points, highlighting its efficiency and risk management capabilities in catastrophe-exposed markets.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

5/31/2026 to 9/20/2026
ReturnCorrelation
OIG11659900.0% 
Market (SPY)0.9%
Sector (XLF)8.3%

Fundamental Drivers

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Market Drivers

2/28/2026 to 9/20/2026
ReturnCorrelation
OIG11659900.0% 
Market (SPY)11.6%
Sector (XLF)9.2%

Fundamental Drivers

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Market Drivers

8/31/2025 to 9/20/2026
ReturnCorrelation
OIG11659900.0% 
Market (SPY)19.4%
Sector (XLF)4.7%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/20/2026
ReturnCorrelation
OIG8869.2% 
Market (SPY)75.6%
Sector (XLF)69.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
OIG Return---100%0%0%0%-100%
Peers Return-18%-19%20%80%1%2%48%
S&P 500 Return27%-19%24%23%16%12%103%

Monthly Win Rates [3]
OIG Win Rate--33%0%0%0% 
Peers Win Rate42%46%58%65%52%49% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
OIG Max Drawdown---0%0%0% 
Peers Max Drawdown-29%-44%-33%-22%-32%-25% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: KNSL, PLMR, SKWD, HIPO, RLI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)

How Low Can It Go

EventOIGS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-100.0%-9.5%
  % Gain to Breakeven∞%10.5%
  Time to Breakeven1059 days24 days

Compare to KNSL, PLMR, SKWD, HIPO, RLI

In The Past

Orion180 Insurance's stock fell null during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 9.2233720368547763E17% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

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EventOIGS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-100.0%-9.5%
  % Gain to Breakeven∞%10.5%
  Time to Breakeven1059 days24 days

Compare to KNSL, PLMR, SKWD, HIPO, RLI

In The Past

Orion180 Insurance's stock fell null during the Summer-Fall 2023 Five Percent Yield Shock. Such a loss loss requires a 9.2233720368547763E17% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Orion180 Insurance (OIG)

Orbital Energy Group, Inc. provides electric power, telecommunications, and renewables solutions and services in the United States and India. It designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as offers emergency restoration services, including the repair of infrastructure damaged by inclement weather; and provides services to the electric transmission and substation, industrial, telecommunication, and disaster restoration market sectors. The company also offers engineering, design, construction, and maintenance services to the broadband and wireless telecommunication industries; enterprise solutions to the cable and telecommunication industries; and telecommunication services, such as various wireless service capabilities. In addition, it provides engineering, procurement, and construction services that support the development of renewable energy generation focused on utility-scale solar construction. Orbital Energy Group, Inc. was incorporated in 1998 and is headquartered in Houston, Texas.

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Kenneth M. Gregg, Chief Executive Officer
  • Mr. Gregg is the Founder and Chairman of the Board of Orion180 Insurance Group Inc., which he established in May 2015.
  • He possesses over 26 years of experience in the insurance industry, having worked with prominent companies such as Allianz and AXA.
  • He previously served as President & Chief Executive Officer of CITON Group, Inc.
  • Mr. Gregg developed the proprietary technology platform, MY180, to address technological shortcomings in the business-to-business (B2B) insurance sector, which has been integral to Orion180's success.
  • Orion180 was initially bootstrapped and achieved profitability within 12 months without significant institutional capital.
Christoph Birchler, Chief Financial Officer
  • Mr. Birchler joined Orion180 in December 2021.
  • He brings over 25 years of experience in insurance and financial services.
  • Prior to Orion180, he was an executive with Ernst & Young in New York and Zurich, where he led finance and multi-disciplinary teams across property and casualty, health, reinsurance, and mergers and acquisitions (M&As).
Ryan Jesenik, President, Insurance & Chief Operating Officer
  • Mr. Jesenik was promoted to President, Insurance, in February 2025, while continuing his responsibilities as COO.
  • He oversees growth strategy and ensures the company's operations align with its long-term objectives.
  • During his tenure as COO, Orion180's in-force premium experienced substantial growth, and he played a key role in launching crucial insurance products and the MY180 application.
  • He has more than a decade of experience in operations and corporate finance.
Chris DiMartino, Chief Underwriting Officer
  • Mr. DiMartino joined Orion180 in February 2025.
  • He contributes 27 years of experience in underwriting, actuarial science, and product management within both commercial and personal lines property and casualty (P&C) insurance.
  • Before joining Orion180, he served as Senior Vice President of Insurance Services at AAA Northeast and spent over 20 years at The Hartford, where his most recent role was Head of Product for its $3 billion personal lines business.
Gautam Moorjani, Chief Innovation Officer
  • Mr. Moorjani holds the position of Chief Innovation Officer at Orion180.
  • In this role, he is responsible for leading technological advancements and innovative solutions within the company.

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Key Risks for Orion180 Insurance (OIG)

Orion180 Insurance Group Inc. (NASDAQ: OIG) is a technology-focused homeowners and flood insurance provider operating primarily in coastal and wind-prone regions across the United States. Its key business risks are:

  1. Exposure to Catastrophic Weather Events: As an insurer specializing in homeowners and flood coverage, particularly in coastal and wind-prone areas of the Southeast U.S., Orion180 is highly vulnerable to significant financial losses resulting from natural disasters such as hurricanes and floods. An increase in the frequency or severity of these catastrophic events could lead to substantial claims, deplete its financial reserves, and significantly raise the cost or reduce the availability of crucial reinsurance coverage.
  2. Underwriting Accuracy and Reinsurance Dependency: The company leverages proprietary technology for underwriting and risk assessment. Inaccurate risk evaluation or flawed pricing models, especially in high-risk geographical areas, could lead to considerable underwriting losses. Furthermore, Orion180 likely relies heavily on reinsurance to mitigate its exposure to large-scale events. Fluctuations in the reinsurance market, including rising costs or diminished capacity, could severely impact the company's profitability and its ability to offer competitive insurance products.
  3. Intense Competition and Regulatory Landscape: The property and casualty insurance sector is intensely competitive, with Orion180 facing rivals from both long-established insurers and other insurtech companies. To attract and retain policyholders and agents, the company must continuously innovate and maintain competitive pricing and service quality. Additionally, as a heavily regulated industry, any changes in state-level insurance laws, regulations pertaining to premium rates, coverage mandates, or claims handling practices could adversely affect Orion180's business model, operational expenses, and strategic expansion initiatives.

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Orion180 Insurance (symbol: OIG) operates primarily in the U.S. homeowners and residential flood insurance markets. The company's main products and services include homeowners insurance, flood insurance, DP landlord insurance, jewelry insurance, and smart technology solutions for home protection.

The addressable market sizes for Orion180 Insurance's main products and services in the U.S. are as follows:

  • The U.S. homeowners and residential flood insurance market, which is Orion180's core market, represented approximately $175 billion in 2025 and is expected to grow to $192 billion.
  • Within the U.S. property insurance market, which was approximately $513 billion in premiums in 2025, Orion180 focuses on homeowners and residential flood insurance.
  • The excess and surplus (E&S) lines homeowners insurance market in the United States, where Orion180 is identified as the second-largest provider, reached $4 billion in premiums as of late 2025 and has experienced a compound annual growth rate of 25% over the past five years.
  • The private flood insurance market in the U.S. had premiums exceeding $1 billion as of December 31, 2025.
  • The broader U.S. personal lines insurance market, which includes homeowners, auto, and renters insurance, is projected to grow from $878.823 billion in 2021 to $2,176.420 billion by 2033, at a compound annual growth rate of 7.85%. Homeowners' business accounted for 16% of personal lines premiums in 2024.
  • While specific market sizes for DP landlord insurance and jewelry insurance are not separately delineated in the provided information, the landlords segment contributed the largest market share of 73% in the global home insurance market in 2025 by end-use.

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Orion180 Insurance (symbol: OIG) is expected to drive future revenue growth over the next 2-3 years through several key strategies:

  1. Geographic Expansion: The company plans to continue expanding its "growing footprint across the United States", which indicates an intention to enter new states and regions to offer its insurance solutions.
  2. Organic Growth in Core Homeowners and Flood Insurance Products: As a "leading provider of flexible, customer-centric homeowners and flood insurance solutions," Orion180 anticipates continued organic growth in these key product areas, particularly within its established and expanding markets.
  3. Leveraging Technology for Innovative Solutions: Orion180 operates as a "technology-focused" specialty insurance group committed to "delivering innovative insurance solutions". This focus on technology is expected to enhance product offerings, improve customer experience, and increase operational efficiency, thereby attracting new customers and retaining existing ones.
  4. Increased Market Share in the Excess and Surplus (E&S) Lines Segment: Having "organically grown to become the second largest excess and surplus ("E&S") lines homeowners insurance provider in the United States by direct written premiums", Orion180 is positioned to further expand its market share within this high-growth segment of the insurance industry.

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Peer Outperformance in Property & Casualty Insurance

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Share of Property & Casualty Insurance constituents that OIG has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
100%
of 46 industry peers · 1.16599E7% return
3Y
98%
of 43 industry peers · 10461.6% return
5Y
insufficient peer history
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Median price return by industry across the Financials sector, ranked by 5Y. Property & Casualty Insurance is OIG's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Reinsurance 6 24.2%70.6%133.7% SPNT 170% · RGA 154% · RNR 140%
Investment Banking & Brokerage 13 -1.7%105.1%116.5% IBKR 527% · SNEX 257% · HOOD 183%
Diversified Banks 12 27.5%129.8%116.3% CM 161% · JPM 159% · RY 149%
Life & Health Insurance 20 8.6%57.6%105.8% JXN 534% · UNM 373% · FG 207%
Multi-Sector Holdings 4 6.8%50.2%87.3% JONE 361% · VOYA 88% · BRK-B 87%
Property & Casualty Insurance ← 42 9.6%67.5%67.8% ASIC 2760900% · HRTG 445% · UVE 331%
Regional Banks 265 23.9%91.7%67.1% ESQ 391% · GCBC 340% · VBNK 335%
Multi-line Insurance 9 8.8%71.2%64.1% GNW 201% · L 112% · SLF 104%
Financial Exchanges & Data 15 -0.1%17.4%32.7% VIRT 184% · CBOE 135% · CME 83%
Diversified Financial Services 4 -7.3%22.1%32.6% FRHC 168% · EQH 119% · TMS -54%
Consumer Finance 30 1.7%89.6%26.9% ENVA 447% · EZPW 319% · FCFS 168%
Insurance Brokers 16 -15.1%-6.3%20.3% LIFE 200% · ARX 87% · AJG 70%
Commercial & Residential Mortgage Finance 14 -50.2%32.8%13.9% FNMA 454% · FMCC 436% · ACT 204%
Asset Management & Custody Banks 84 -11.7%17.6%12.0% WT 348% · SII 279% · VCTR 274%
Specialized Finance 3 14.0%42.2%-2.8% EFC 27% · CACC -3% · HASI -16%
Mortgage REITs 33 -13.0%7.4%-16.5% NREF 53% · RITM 42% · DX 34%
Transaction & Payment Processing Services 15 -1.0%-5.9%-42.9% V 74% · MA 73% · CPAY 58%
Diversified Capital Markets 20 -36.3%20.7%-48.1% OPY 196% · LPLA 136% · GOLD 90%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

OIGKNSLPLMRSKWDHIPORLIMedian
NameOrion180.Kinsale .Palomar Skyward .Hippo RLI  
Mkt Price11.66356.85136.0056.3131.2459.3957.85
Mkt Cap-8.13.62.50.85.53.6
Rev LTM-1,9961,0941,7365071,9741,736
Op Inc LTM-------
FCF LTM-1,00140740358517407
FCF 3Y Avg-9523183727522372
CFO LTM-1,03641540772524415
CFO 3Y Avg-98232637620528376

Growth & Margins

OIGKNSLPLMRSKWDHIPORLIMedian
NameOrion180.Kinsale .Palomar Skyward .Hippo RLI  
Rev Chg LTM-15.8%60.9%38.0%19.3%8.7%19.3%
Rev Chg 3Y Avg-25.1%47.0%32.0%51.8%1.0%32.0%
Rev Chg Q-16.8%56.4%52.9%23.4%15.2%23.4%
QoQ Delta Rev Chg LTM-4.1%11.6%10.8%5.7%4.0%5.7%
Op Inc Chg LTM-------
Op Inc Chg 3Y Avg-------
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM-51.9%38.0%23.5%14.1%26.5%26.5%
CFO/Rev 3Y Avg-58.0%44.9%28.9%2.5%29.2%29.2%
FCF/Rev LTM-50.1%37.2%23.2%11.5%26.2%26.2%
FCF/Rev 3Y Avg-56.4%43.8%28.6%-1.1%28.9%28.9%

Valuation

OIGKNSLPLMRSKWDHIPORLIMedian
NameOrion180.Kinsale .Palomar Skyward .Hippo RLI  
Mkt Cap-8.13.62.50.85.53.6
P/S-4.13.31.41.62.82.8
P/Op Inc-------
P/EBIT-11.213.29.6-9.810.5
P/E-14.317.613.36.712.413.3
P/CFO-7.88.66.211.410.48.6
Total Yield-7.2%5.7%7.5%14.8%15.9%7.5%
Dividend Yield-0.2%0.0%0.0%0.0%7.8%0.0%
FCF Yield 3Y Avg-10.7%10.0%18.5%-1.0%8.5%10.0%
D/E-0.00.10.20.10.10.1
Net D/E--0.3-0.1-0.6-0.5-0.3-0.3

Returns

OIGKNSLPLMRSKWDHIPORLIMedian
NameOrion180.Kinsale .Palomar Skyward .Hippo RLI  
1M Rtn11,659,900.0%-6.9%4.5%-1.0%-5.7%-8.9%-3.3%
3M Rtn11,659,900.0%15.6%22.2%11.4%20.3%12.2%18.0%
6M Rtn11,659,900.0%8.9%16.7%36.5%22.1%7.3%19.4%
12M Rtn11,659,900.0%-16.5%17.8%18.9%-16.3%-0.1%8.8%
3Y Rtn10,461.6%-12.9%162.2%100.6%241.4%-2.8%131.4%
1M Excs Rtn11,659,900.7%-5.1%7.9%0.6%-3.5%-6.6%-1.5%
3M Excs Rtn11,659,898.0%13.6%20.2%9.4%18.3%10.2%16.0%
6M Excs Rtn11,659,884.2%-6.4%1.7%20.1%6.0%-8.8%3.8%
12M Excs Rtn11,659,884.1%-32.8%2.7%4.6%-31.5%-17.3%-7.3%
3Y Excs Rtn6,491.6%-84.5%95.4%62.0%161.1%-70.9%78.7%

Comparison Analyses

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Price Behavior

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OIG Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta
Up Beta
Down Beta
Up Capture0%0%0%0%0%
Bmk +ve Days10213268138427
Stock +ve Days0000015
Down Capture-0%-0%-0%-0%-0%
Bmk -ve Days11213259113324
Stock -ve Days0000023

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OIG
OIG----
Sector ETF (XLF)4.5%14.6%0.08-
Equity (SPY)16.9%12.9%0.94-
Gold (GLD)19.1%29.3%0.60-
Commodities (DBC)46.3%20.6%1.73-
Real Estate (VNQ)4.9%13.6%0.10-
Bitcoin (BTCUSD)-30.6%44.3%-0.70-

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OIG
OIG-100.0%451.5%-2.89-
Sector ETF (XLF)10.1%18.4%0.41-3.3%
Equity (SPY)12.9%17.2%0.57-4.5%
Gold (GLD)19.1%18.8%0.831.9%
Commodities (DBC)11.2%19.5%0.451.9%
Real Estate (VNQ)1.1%18.8%-0.0510.0%
Bitcoin (BTCUSD)12.5%52.5%0.42-10.9%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OIG
OIG-100.0%451.5%-2.89-
Sector ETF (XLF)12.9%22.1%0.53-3.3%
Equity (SPY)15.1%18.0%0.72-4.5%
Gold (GLD)12.1%16.4%0.611.9%
Commodities (DBC)8.3%18.1%0.371.9%
Real Estate (VNQ)4.4%20.7%0.1810.0%
Bitcoin (BTCUSD)62.6%66.2%1.02-10.9%

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SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/20/2026S-1
03/31/202607/02/2026DRS/A
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Report DateFiling DateFiling
06/30/202608/20/2026S-1
03/31/202607/02/2026DRS/A
Core Cache Last Updated: 9/20/2026