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Draft:Kin Insurance

From Wikipedia, the free encyclopedia

Kin Insurance is a Chicago-based insurance technology company that underwrites and provides residential property insurance directly to consumers.

History and operations[edit]

Kin was founded in 2016 by CEO Sean Harper[1] and CTO Lucas Ward.[2][3][4]

The company sells homeowners insurance directly to consumers online.[1] Kin provides insurance in seven U.S. states that are prone to natural disasters like hurricanes, floods and wildfires.[1][3]

Kin insures primary residences, vacation homes, condos, mobile homes, and landlords who rent out long-term or short-term properties.[3]

In early 2022, Kin bought an inactive insurance carrier licensed to operate in 43 states.[1]

References[edit]

  1. ^ a b c d Tan, Gillian (19 July 2021). "Kin Insurance to Go Public Via Matt Higgins SPAC Deal". Bloomberg. Retrieved 26 October 2023.
  2. ^ Pletz, John (7 June 2021). "Insurance startup Kin raises $69 million with investment from PGA pro". Crain’s Chicago Business. Retrieved 23 October 2023.
  3. ^ a b c Suknanan, Jasmin (21 August 2023). "Kin Insurance offers coverage in states prone to natural disasters — is it right for you?". CNBC. Retrieved 26 October 2023.
  4. ^ Hall, Christine (1 March 2022). "Live near an ocean? Kin Insurance's data aims to more accurately predict home risk". TechCrunch. Retrieved 26 October 2023.