Orion180 ups reinsurance placement by 31% to $845 million

By Michael Loney

June 24 - (The Insurer) - Florida-based Orion180 has secured $845 million of reinsurance protection for the 2025 hurricane season, an increase of 31% from the previous year’s cover.

The $845 million tower comprises both excess-of-loss and net quota share agreements, covering Orion180 Insurance and Orion180 Select Insurance for multiple events during the 2025 hurricane season.

The renewed reinsurance program is backed by a panel of 35 global reinsurers.

Melbourne, Florida-based Orion180 said that, in anticipation of an above-active hurricane season, it secured the reinsurance placements to back its expanding personal lines portfolio across the U.S., including its FLEX home insurance and residential private flood insurance offerings.

According to S&P Global data, Orion180 Insurance Company is the second-largest E&S home insurance company in the country by premium.

“By providing additional insurance capacity, our reinsurance partners empower us to deliver much-needed tailored coverage to homeowners in catastrophe-prone markets,” said Ken Gregg.

Orion180’s FLEX home insurance is available in Texas and Florida.

Its residential private flood insurance is available in Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Mississippi, North Carolina, Ohio, South Carolina and Tennessee with plans to expand to other states this year.