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Kin Insurance

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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. 1.0 1.1 1.2 1.3 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. 3.0 3.1 3.2 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.


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