MELBOURNE, Fla.--(BUSINESS WIRE)--Orion180, a premier provider of insurance solutions founded in 2016, was named No. 229 on the 2023 Inc. 5000 list of America's fastest-growing private companies. Companies on the 2023 Inc. 5000 are ranked by percentage revenue growth from 2019 to 2022.
With a three-year revenue growth rate of 2441%, Orion180 was the third-fastest-growing insurance firm on the 2023 list. Based in Florida and serving the Southeastern United States, Orion180 was the 22nd-fastest growing Inc. 5000 firm out of all Florida companies.
Inc. described Orion180 as “a tech-focused insurance brand using exclusive technology and real-time data to enhance the customer experience.”
Inc. 5000 ranked companies are U.S.-based private, for-profit, independent enterprises. The prestigious ranking gives a data-driven look at the most successful companies in the dynamic independent, entrepreneurial segment of the economy.
“The Inc. 5000 2023 award is gratifying for our team here at Orion180, especially given how competitive the rankings are,” says Kenneth Gregg, CEO and founder of Orion180. “The revenue growth recognized by Inc. 5000 shows that our strategy of providing quality products and outstanding customer experience through independent insurance agents is paying off.
“This growth is driven by the large number of satisfied customers throughout the areas where we do business. We have always aimed high at Orion180, and we’ll continue to do so as we further expand our geographic footprint and product offerings.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate was 2,238 percent. This year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
Orion180 is a people-focused, technology-driven insurance brand that offers proprietary technology, real-time data, and straightforward underwriting enabling independent insurance agents to provide their customers a premier insurance experience.
Orion180’s operating companies are:
- Orion180 Insurance Co., a surplus lines (non-admitted) insurance company domiciled in Indiana and writing business in Alabama, Mississippi, North Carolina and South Carolina.
- Orion180 Select Insurance Co., an admitted insurance company domiciled in Indiana and writing business in Alabama, Indiana, Mississippi, and Georgia.
- Orion180 Insurance Services LLC, a managing general underwriter that partners with carriers and reinsurers to deliver homeowners insurance and other insurance solutions.
Orion180 has developed its own proprietary mobile application and technology platform, MY180, while also supporting third-party data integrations with insurance industry partners.
Orion180’s vision is to enhance the way consumers purchase and manage their insurance needs. Innovation in technology enables us to do MORE as we harness the power of our cutting-edge proprietary technology. Innovation in service is the catalyst allowing us to give MORE and achieve the highest level of customer care. Our innovation in culture fosters an environment that empowers us to be MORE. This innovation-focused ecosystem enables our customers to expect MORE.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent.