Florida-based Orion180, known for its heavy use of technology as a managing general underwriter, is officially transitioning to a stand-alone surplus lines property insurance carrier.
Orion180 Insurance Co. is domiciled in Indiana and began writing non-admitted homeowners policies in coastal Alabama, Mississippi and South Carolina in December, the company said in a statement. Later this year, the company plans to expand in Indiana, Ohio and Michigan. It is awaiting approval in North Carolina.
Orion180 Insurance Solutions said it began in 2016 and has grown steadily since then. As an MGU, it has produced about $150 million in written premium in five years and serves more than 80,000 policyholders in six Southeast states, the company said.
Headquartered in Melbourne, Florida, the MGU works with Goosehead Insurance, Lemon Mohler Insurance and Southgroup Insurance, among others. Kenneth Gregg is CEO and Ryan Jesenik is chief operating officer.
Topics Insurance Wholesale
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