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Orchid’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Orchid is a provider of catastrophe property insurance services for individuals and businesses. Read more

Brad Emmons's photo - President & CEO of Orchid

President & CEO

Brad Emmons

CEO Approval Rating

88/100

Founded:

1998

Status:

PrivateSubsidiary of TowerBrook Capital Partners, L.P.

SIC Code:

6321 NAICS listing »

6199 NAICS listing »

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TOP COMPETITORS OR ALTERNATIVES

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Orchid's top 15 competitors are Heritage Insurance, Heffernan, UPC Insurance, Allstate, Catalytic Risk Managers, BMS, TMIB, Allied Brokers, Chubb, National General, RDS Insurance Brokers, GoodWorks, Country Financial, Homeowners Choice, EMC. Together they have raised over 846.6M between their estimated 166.6K employees. Orchid's revenue is the ranked 18th among it's top 10 competitors. The top 10 competitors average 5.4B. Orchid has 144 employees and is ranked 21th among it's top 10 competitors. The top 10 competitors average 6,172.

Heritage Insurance is the biggest rival of Orchid. Heritage Insurance was founded in 2012, and its headquarters is in Tampa, Florida. Heritage Insurance operates in the Property & Casualty Insurance industry. Heritage Insurance has 386 more employees than Orchid.

Heffernan has been one of Orchid's top competitors. Heffernan is a Private company that was founded in Walnut Creek, California in 1988. Heffernan competes in the Property & Casualty Insurance industry. Heffernan has 306 more employees vs. Orchid.

UPC Insurance is Orchid's #3 rival. UPC Insurance was founded in 1999 in St. Petersburg, Florida. UPC Insurance is in the Insurance Brokers industry. UPC Insurance generates $568.6M more revenue than Orchid.

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Growth Score - 1/1

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Trending News for Orchid and Orchid's Competitors

September 18, 2020

Reinsurance News

Allstate pegs August cat losses at $985mn

US primary insurer Allstate has estimated its catastrophe losses for the month of August at $985 mill... See more »

September 17, 2020

GlobalNewswire

USI Affinity and the American Bar Association Announce New Partnership With Berkley Select to Deliver Employment Practices Liability Insurance Coverage for Law Firms

New Coverage Offering Provides Tailored Employment Practices Liability Insurance Coverage for Law Fir... See more »

September 18, 2020

Connect Media

Ryan Breaks Ground on Millenia MF, Adds Preston Underdown to Development Team

Financing closed for the anticipated 480-unit multifamily project within Meridian Development's 210-a... See more »

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Platinum Partners Insurance Services, Inc.

Nov 2015

Source »
undisclosed
Platinum Partners Insurance Services is  a full service wholesale brokerage offering risk management solutions to independent insurance agencies.

These are all the companies that Orchid has acquired. Orchid's latest acquisition was Platinum Partners Insurance Services, Inc. in Nov 2015. Platinum Partners Insurance Services is  a full service wholesale brokerage offering risk management solutions to independent insurance agencies.

Investments

No recent investments found related to Orchid

Orchid News

June 24, 2020theinsurer

Orchid hires Banker's Bowie as head of personal lines

US property catastrophe focused Orchid Underwriters Agency has hired Ross Bowie from Bankers Insuranc... See more »
June 23, 2020PE Hub Network

TowerBrook-backed Orchid Insurance appoints personal lines head

Orchid Insurance, a portfolio company of TowerBrook Capital Partners LP, has named Ross Bowie as head... See more »
June 15, 2020MarketScreener

Orchid Insurance Announces New Partnership with Specialty Lines Startup CrossCover

(marketscreener.com) Orchid Underwriters Agency, LLC , among the largest independent managing general... See more »
April 13, 2020CFO MOVES

Orchid Underwriters Agency, LLC [VERO BEACH, FL] appointed Michael Garamoni as Chief Financial Officer.

Orchid Underwriters Agency, LLC [VERO BEACH, FL] appointed Michael Garamoni as Chief Financial Office... See more »
February 21, 2019Reinsurance News

Orchid Insurance appoints MD for Corporate Development & Strategy

Orchid Underwriters Agency, LLC (Orchid Insurance), a specialty underwriter of catastrophe exposed pr... See more »
December 24, 2018Reinsurance News

TowerBrook Capital acquires Orchid Underwriters Agency

International investment management firm TowerBrook Capital Partners has announced the acquisition of... See more »
June 13, 2018Insurance Journal

Orchid Insurance Expands Commercial Lines Division to Several East Coast States

Orchid Underwriters Agency LLC (Orchid Insurance), a specialty underwriter of catastrophe exposed pro... See more »

Orchid Press Releases

November 18, 2015BUSINESS WIRE

Orchid to Acquire Platinum Partners

VERO BEACH, Fla.--(BUSINESS WIRE)--Orchid Underwriters to Acquire Platinum Partners... See more »
October 26, 2015BUSINESS WIRE

Names Bob Rose Senior VP of Underwriting and Programs and Bryan Schofield VP of Commercial Lines

VERO BEACH, Fla.--(BUSINESS WIRE)--Gryphon Investors' Orchid Underwriters Names Top Execs: Bob Rose S... See more »
May 19, 2015BUSINESS WIRE

Orchid Underwriters Appoints Lynda Butler As CFO

VERO BEACH, Fla.--(BUSINESS WIRE)--Gryphon's Orchid Underwriters Appoints Lynda Butler As CFO... See more »
April 27, 2015BUSINESS WIRE

Orchid Underwriters Names New CIO

VERO BEACH, Fla.--(BUSINESS WIRE)--Gryphon Investors' Orchid Underwriters Names New CIO... See more »

Social Statistics

Headquarters

1201 19th Place Suite A110

Vero Beach, Florida32960

772-226-5546

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Summary

ABOUT

Overview

Orchid is a provider of catastrophe property insurance services for individuals and businesses. Orchid was founded in 1998. Orchid's headquarters is located in Vero Beach, Florida, USA 32960. Orchid's latest acquisition was Platinum Partners Insurance...

CEO

Orchid's President & CEO, Brad Emmons, currently has an approval rating of 88%. Orchid's primary competitors are Heritage Insurance, Heffernan & UPC Insurance.

Website

orchidinsurance.com

Frequently Asked Questions about Orchid

  1. When was Orchid founded?

    Orchid was founded in 1998

  2. Who is Orchid's CEO?

    Orchid's CEO is Brad Emmons

  3. How much revenue does Orchid generate?

    Orchid generates $50M in revenue

  4. How much funding does Orchid have?

    Orchid has historically raised $0 in funding

  1. Where is Orchid's headquarters?

    Orchid's headquarters is in Vero Beach Florida, USA

  2. How many employees does Orchid have?

    Orchid has 144 employees

  3. Who are Orchid's competitors?

    Orchid's top competitors are Heritage Insurance, Heffernan, UPC Insurance
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