InsurTech Kin posts $9.3mn operating loss for Q2 as GWP spikes 534% YoY
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

InsurTech Kin posts $9.3mn operating loss for Q2 as GWP spikes 534% YoY

Kin logo Chicago.jpg

InsurTech Kin Insurance posted a Q2 operating loss of $9.3mn, more than double the loss of the prior-year period, although its gross profit grew nearly sixfold to $8.0mn compared with the same quarter last year.

The direct-to-consumer homeowners' insurer, which in Julyagreed to combine with special purpose acquisition company Omnichannel Acquisition Corp ahead of a public listing, reported total written premium of $26.7mn,

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article