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Kin Insurance

Personalized home insurance platform

Kin Insurance logo
501-1000 employees
  • B2C
  • Insurance
  • Real Estate
River North, Chicago, IL

Company mission

To reimagine home insurance for every new normal.

Top investors

Few candidates hear
back within 2 weeks

12% employee growth in 12 months

Our take

The setup process for home insurance can be difficult and time-consuming, particularly for complex and risky properties. Legacy insurance providers rely on users and brokers to insert uniform data, an approach that is not very accurate considering the idiosyncrasies of each individual property.

Kin Insurance works directly with consumers to provide bespoke and affordable home insurance. The company's software imports thousands of variables based on third-party data in order to provide a more personalized approach to home insurance. Data is also collected from aerial and satellite imagery, government records, and building permits to ensure a house is covered from localized threats such as wildfire, hurricanes and other natural disasters.

Recognizing the antiquated and one-size-fits-all nature of the current home insurance landscape, Kin Insurance has taken an innovative approach by focusing on data collection. Through these means, the company claims that they can offer personalized insurance that can be negotiated directly through their communication channels, ensuring that consumers can access the exact insurance they need without having to pay for more than is required. Strong funding, raised across several rounds, will allow Kin to continue expanding its network and business reach.

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Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Flexible PTO
  • Training, development, and networking opportunities via Sales Assembly
  • Support for continuing education and professional development
  • Dental
  • Sodas, unlimited flavored water, & coffee
  • Flex spending accounts
  • 401k
  • Company-provided lunch each month
  • Medical
  • Vision
  • Life insurance
  • Disability insurance
  • Commuter benefit plan
  • Onsite gym membership
  • Daily snacks

Company values

  • Run through walls, together - Our industry is stuck in the status quo. But Kin is different. We are challengers. Innovators unwavering in our mission to fix insurance for those who need it most. We are changing insurance for good. We roll up our sleeves, take action, and get “impossible” things done every day with grit and teamwork
  • Raise the bar. Drop the ego - Attitudes are contagious. Every one of us is responsible for creating the culture we want to work in. High performance. Low drama. Always respectful. Like professional sports teams, we win by working in sync. We show up, work hard, and play to each other’s strengths
  • Act like an owner - We are more than employees. We are owners, fully accountable for achieving Kin’s mission. That requires positive, proactive, big-picture thinking well beyond our job descriptions. Ask questions, Take ownership. Do the right thing, even when it‘s hard. Because when Kin thrives, so do you. And so do our customers
  • Keep asking ‘What if?’ - We value curiosity. To make insurance better for our customers, we experiment. We embrace insights. And we base decisions on data rather than assumptions. We see setbacks as opportunities for growth and are always learning and improving. Both individually and as a company

Funding (last 2 of 11 rounds)

Feb 2024

$15m

SERIES D

Sep 2023

$33m

SERIES D

Total funding: $326m

This company has top investors

Leadership

Sean worked as a BCG Associate for 5 years before founding FeeFighters.com and working for 2 years at Groupon. After a year as CPO of 2Checkout, they co-founded Kin Insurance, serving since as CEO.

Having studied at Southeast Missouri State University, Lucas spent half a decade at Accenture, before a combined 3 years at ThoughtWorks and Fundspire. They left their CTO position at Rippleshot in 2015 to co-found Kin Insurance in January 2016.

Jobs (7)

All locations

Software Engineering

Sales & Account Management