Orion Risk Management
Orion Risk Management is a B2B insurance brokerage and risk management firm, subsidiary of Alera Group, serving mid-market and enterprise commercial clients through Property & Casualty, Captive Services, Employee Benefits, and Workers' Compensation service lines.
- Company typePrivate
- Founded2001
- HeadquartersNewport Beach, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Orion Risk Management does
Orion Risk Management is a B2B insurance brokerage and risk management firm operating as a subsidiary of Alera Group, Inc., a national independent insurance and financial services holding company headquartered in Deerfield, Illinois. The firm is regionally anchored in Irvine, California (18575 Jamboree Road), with a Newport Beach mailing presence per firmographic records, and serves mid-market and enterprise commercial clients across the United States through the broader Alera Group network. Its core offerings are organized into four integrated service lines: Property and Casualty (commercial coverage, risk consulting, claims advocacy), Captive Services (formation and management of captive insurance entities to control total cost of risk), Employee Benefits (health, retirement, voluntary benefits, and compliance), and Workers' Compensation (cost containment in rate-deviation and litigation environments).
The business model is built on commission-based revenue earned from insurance carriers for placing commercial coverage, employee benefits, and workers' compensation policies (transaction-fee model), supplemented by consulting and captive formation fees. Pricing is not publicly disclosed; services are customized per client risk profile. Distribution is delivered through direct enterprise field sales with dedicated account executives and industry specialists rather than self-service or platform channels. There is no disclosed proprietary technology stack, no public API, no patents, and no AI/ML capabilities referenced — the firm's value proposition rests on human advisory expertise, carrier relationships, industry specialization, and the national reach provided by the Alera Group affiliation.
Orion's strategic positioning leans on three reinforcing assets: (1) distribution access to Alera Group's national carrier network and shared back-office infrastructure; (2) deep practice-level expertise across four risk disciplines; and (3) brand credibility reinforced by parent-level industry recognition (2026 PLANADVISER and NAPA awards for retirement plan advisory). Customer concentration, revenue figures, and AI capability are not publicly disclosed, and the firm operates without disclosed funding rounds or recent M&A activity, suggesting a stable, parent-supported operating posture rather than an externally-financed growth profile.
Orion Risk Management firmographics
Firmographics- Name
- Orion Risk Management
- Legal name
- Alera Group, Inc.
- Website
- https://orionrisk.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Orion Risk Management is a B2B insurance brokerage and risk management firm, subsidiary of Alera Group, serving mid-market and enterprise commercial clients through Property & Casualty, Captive Services, Employee Benefits, and Workers' Compensation service lines.
- Ownership category
- akta.pro rank
Orion Risk Management industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Insurance Carriers and Related Activities (524), Management Consulting Services (54161)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Insurance Program Administration & MGA/MGU Services (FSAEADAK)
- akta.pro secondary industry
- Captive Insurance Advisory & Management (FSAEADAF)
Keywords
Where Orion Risk Management is headquartered
LocationHeadquarters
- HQ city
- Newport Beach
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Orion Risk Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Insurance Brokerage Commissions: Revenue generated through commissions from insurance carriers for placing commercial insurance, employee benefits, and workers' compensation coverage. Services include risk management consulting, captive services formation, and claims advocacy.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Orion Risk Management product offering
Product offeringCore offering
Orion Risk Management is a commercial insurance brokerage and risk management firm that delivers customized insurance placement, risk consulting, claims advocacy, captive insurance formation, employee benefits optimization, and workers' compensation cost management. Operating as a subsidiary of Alera Group, the firm serves mid-market and enterprise businesses across the United States through direct enterprise sales and dedicated account management.
Product overview
Orion Risk Management offers a unified suite of risk management and insurance services as part of the Alera Group. The portfolio consists of four core service lines: Property and Casualty (risk mitigation and claims management), Captive Services (captive insurance formation and management), Employee Benefits (benefits optimization and compliance), and Workers' Compensation (cost management services). These services are integrated offerings delivered through industry expertise and consulting, rather than a software platform or discrete product modules.
Differentiator
Problem solved
Functional benefit
Products and services
- Property and Casualty
Companies that use Orion Risk Management
Customer profileSegments4 records
Ideal customer profiles1 record
Orion Risk Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Orion Risk Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Alera GroupflagshipOrion Risk Management is an Alera Group Company, operating as a subsidiary within the Alera Group national insurance and financial services network. Alera Group provides corporate infrastructure, carrier relationships, national collaboration across market segments, and shared services including HR, technology, and compliance resources.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
Orion Risk Management competitors and assessment
Company assessmentDirect peers
- Lockton: Lockton is the world's largest privately held insurance brokerage, offering commercial P&C, employee benefits, and risk management across mid-market and enterprise clients. Closely comparable to Orion given its private, relationship-led model and similar multi-line service portfolio.
- Hub International: Hub International is a leading North American insurance brokerage focused on mid-market commercial clients, with strong property & casualty, employee benefits, and personal lines practices. Directly comparable to Orion as a roll-up-acquired regional brokerage under a national platform.
- Alliant Insurance Services: Alliant is a US-focused insurance brokerage providing commercial P&C, employee benefits, and surety products to mid-market and enterprise clients. Comparable to Orion in multi-line distribution model and acquisition-driven growth strategy.
- USI Insurance Services: USI is a large US insurance brokerage and risk management firm serving mid-market clients across property & casualty, employee benefits, and retirement planning. Comparable to Orion in targeting middle-market commercial accounts with integrated risk-and-benefits advisory.
- Brown & Brown, Inc. Brown & Brown is a US insurance brokerage serving commercial, personal, and benefits clients through a decentralized network of regional offices. Highly comparable to Orion in the multi-line regional-broker-under-national-platform structure and target client segments.
- Marsh & McLennan Agency: Marsh & McLennan Agency is the middle-market US brokerage arm of Marsh McLennan, providing commercial P&C, employee benefits, and risk management. Highly comparable to Orion as a multi-line subsidiary brokerage targeting mid-market commercial clients within a larger parent network.
- NFP (NFP Corp): NFP is a US insurance brokerage and advisory firm offering property & casualty, employee benefits, and wealth management for commercial and personal lines. Comparable to Orion as a national platform aggregating regional brokerage brands with similar multi-line scope.
Broad incumbents
- Aon: Aon is a global professional services firm offering risk management, insurance brokerage, and reinsurance advisory. Comparable to Orion across the core risk advisory and captive services lines, though at materially larger scale with a much broader international footprint.
- Arthur J. Gallagher & Co. Gallagher is a global insurance brokerage and risk management services firm with extensive P&C, benefits, and risk consulting capabilities. Comparable to Orion at the business-model level, though substantially larger and more diversified across geographies and specialty practices.
- Marsh McLennan: Marsh is the world's largest insurance broker and risk advisor, offering commercial P&C placement, captive formation, and enterprise risk consulting. Directly comparable to Orion's risk advisory and captive services, though operating at significantly larger scale across global markets.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks4 records
Key highlights6 records
Customer concentration
Orion Risk Management social profiles
Digital presenceOrion Risk Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Orion Risk Management leadership team
Management profileNumber of profiles
Orion Risk Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Orion Risk Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Orion Risk Management
What does Orion Risk Management do?
Orion Risk Management is a commercial insurance brokerage and risk management firm that delivers customized insurance placement, risk consulting, claims advocacy, captive insurance formation, employee benefits optimization, and workers' compensation cost management. Operating as a subsidiary of Alera Group, the firm serves mid-market and enterprise businesses across the United States through direct enterprise sales and dedicated account management.
Is Orion Risk Management a public or private company?
Orion Risk Management is a private company. It is classified as corporate owned and is currently operating.
When was Orion Risk Management founded?
Orion Risk Management was founded in 2001. It employs 101 to 250 people.
Where is Orion Risk Management based?
Orion Risk Management is headquartered in Newport Beach, United States, in the North America region.
How does Orion Risk Management make money?
One revenue line is on record: insurance Brokerage Commissions.
Who are Orion Risk Management's main competitors?
Direct peers on record are Lockton, Hub International, Alliant Insurance Services, USI Insurance Services, Brown & Brown, Inc., Marsh & McLennan Agency and NFP (NFP Corp). Broad incumbents are Aon, Arthur J. Gallagher & Co. and Marsh McLennan.
Does Orion Risk Management have an API?
No public API is recorded for Orion Risk Management.
What industry is Orion Risk Management in?
Orion Risk Management's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAK, Insurance Program Administration & MGA/MGU Services, with a secondary code of FSAEADAF, Captive Insurance Advisory & Management. Its NAICS code is 524 and its SIC code is 6411.