Orion180, a provider of homeowners and flood insurance, has entered into a partnership with Jewelers Mutual, a specialist insurer with over a century of experience in the jewelry industry.
The collaboration aims to offer homeowners additional coverage for high-value jewelry, extending protection beyond the limits typically found in standard homeowners insurance policies.
Through an integration with Orion180’s homeowners quoting system, customers will be able to access coverage for jewelry against risks such as theft, loss, and accidental damage.
“By partnering with Jewelers Mutual, Orion180 is addressing a need for more comprehensive jewelry coverage that goes beyond standard offerings,” said Ken Gregg, CEO and founder of Orion180. “This collaboration enhances the overall insurance experience for our clients, allowing them to protect both their home and high-value items in one place.”
Jewelers Mutual offers flexible coverage options, including customizable deductibles and the ability for policyholders to choose their preferred jeweler for repairs or replacements. This offers a level of coverage not typically included in standard homeowners policies.
“This partnership with Orion180 allows us to leverage technology to better serve jewelry consumers,” said Mike Alexander, COO of Jewelers Mutual. “We can meet customers where they are and offer them the peace of mind that their jewelry is protected by experts.”
This partnership is part of Orion180’s broader strategy to provide technology-driven insurance solutions that meet specific customer needs.
In February, Orion180 introduced FLEX Home Insurance, a customizable homeowners insurance product currently available in Texas. The surplus lines product allows policyholders to tailor coverage based on their individual needs and financial goals.
FLEX Home Insurance provides a base level of protection, including coverage for fire and lightning, with the option to add additional coverage depending on the policyholder’s risk tolerance and budget.
Last year, Orion180 extended its admitted homeowners insurance offerings to North Carolina through its admitted carrier Orion180 Select. The company now offers homeowners insurance in Alabama, Arizona, Georgia, Indiana, Mississippi, North Carolina, Ohio, and South Carolina. The product offerings vary by state, with Orion180 Select serving noncoastal areas and Orion180 Insurance Co. serving coastal regions.
This collaboration with Jewelers Mutual follows Orion180’s recent recognition as the 785th fastest-growing private company on the Inc. 5000 list. The company plans to continue expanding through 2024, with plans to launch new products and enter additional markets.
