Kin Insurance, Inc. has announced the completion of its reinsurance programs for Kin Interinsurance Network and Kin Interinsurance Nexus Exchange, covering the period from June 1, 2025, to May 31, 2026. The programs are designed to enhance risk management and financial stability as the company expands its market presence.
The reinsurance program in Florida provides $1.4 billion in coverage for natural catastrophes, exceeding rating agency requirements. For non-Florida markets (excluding California), more than a quarter of a billion dollars in coverage is offered. In California, the program targets protection against seismic events and wildfires.
Angel Conlin, Kin’s Chief Insurance Officer, said, “We are incredibly pleased to have successfully completed our annual reinsurance placement with such strong support from our long-standing partners. This consistent backing is a testament to the effectiveness of our data-driven underwriting and our proven ability to handle claims responsively, especially in the face of evolving climate risks.”
The programs are supported by 44 reinsurers with an A- or higher financial rating by AM Best or are fully collateralized. Additionally, 29 catastrophe bond investors back these efforts.
Kin’s strategy focuses on intelligent pricing and seamless bundling to provide reliable insurance where traditional insurers may not reach. The company’s Q1 2025 results showed a 35% year-over-year revenue growth and increased profitability.
Kin operates as a direct-to-consumer digital insurance provider in the homeowners insurance market, offering affordable coverage without external agents through its technology platform.
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