Kin Insurance, Inc.
Kin Insurance, Inc. is an American insurtech company that provides homeowners insurance through advanced technology and data analytics. Founded in 2016 by Sean Harper and Lucas Ward, the Chicago-based company aims to simplify the process of obtaining affordable home insurance policies for homeowners. Kin Insurance leverages machine learning algorithms and AI-powered underwriting tools to streamline operations, assess risk accurately, and offer tailored coverage options. The company uses a direct-to-consumer model, eliminating the need for agents or brokers while providing homeowners with cost-effective policies focused on mitigating risks specific to their geographical area. By utilizing public databases, satellite imagery analysis, weather models, and other innovative techniques, Kin Insurance determines comprehensive coverage plans that protect against natural disasters like hurricanes or wildfires. Since its establishment in 2015, Kin Insurance has experienced significant growth due to its customer-centric approach and technologically driven solutions. The company has raised substantial funding rounds from notable investors such as Flourish Ventures and August Capital to expand their operations across Florida and California initially before expanding into other states across the United States.
Headquarters
222 WEST MERCHANDISE MART PLAZA SUITE 228, CHICAGO, IL 60654