Orion180 Insurance Group Inc. Announces Third Quarter 2026 Results
Globe Newswire•10/11/2026•16:05 ET
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Key Highlights
- ➤Managed premiums in-force reached $678 million, up 72.3% year-over-year
- ➤Managed premiums written grew 60.3% year-over-year to $203.858 million
- ➤Net income increased 32.3% year-over-year to $11.466 million
- ➤Consolidated adjusted EBITDA rose 64.6% year-over-year to $25.129 million
- ➤Orion180 completed its initial public offering of 20 million shares in September 2026
Expert Statements
Kenneth Gregg, Chief Executive Officer of Orion180
“We delivered an excellent quarter across our key metrics, rapidly growing our managed premiums while significantly increasing our profitability on a year-over-year basis,”
Kenneth Gregg, Chief Executive Officer of Orion180
“In addition, we achieved a major milestone in our Company’s history by successfully completing our initial public offering. We believe our results reflect the strength, differentiation and scalability of the business model we have built over the past eight years.”
Kenneth Gregg, Chief Executive Officer of Orion180
“We are well-positioned to produce durable growth on both our top and bottom lines, which is driven by our attractive suite of homeowners solutions - including our flagship FLEX product - as well as our proprietary end-to-end MY180 tech platform, which allows us to seamlessly combine best-in-class underwriting, claims management, and real-time analytic capabilities,”
Kenneth Gregg, Chief Executive Officer of Orion180
“As a result, we are able to compound our competitive advantage and continue our growth with underwriting discipline across our growing 14-state footprint. We also continue to develop our MY180 tech platform capabilities to further drive future growth. Moving forward, we are well-positioned to sustainably continue gaining market share while increasing long-term value for shareholders, leading the way as a premier provider of specialty property insurance solutions.”
- Managed Premiums In-Force Grows 72% from Prior-Year Quarter End to $678 million -
Managed Premiums Written Grows 60% Year-over-Year to $204 million -
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