Kin Insurance Technology Hub LLC
Classification
Private
About
About
Kin Insurance Technology Hub is a company operating in the insurance industry through advanced technological solutions. Founded on the principle of leveraging innovation to simplify and enhance insurance processes, Kin is committed to providing customers with seamless and personalized insurance experiences. Through its robust technological infrastructure, Kin offers a wide range of insurance products tailored to meet the diverse needs of homeowners, renters, and property investors. With a focus on transparency, efficiency, and customer-centricity, Kin is poised to redefine the insurance landscape and set new standards for excellence in the industry. Product Breakdown: Home Insurance: Kin's home insurance product is designed to provide comprehensive coverage for homeowners, protecting their property and possessions against various risks such as fire, theft, natural disasters, and liability. Leveraging advanced analytics and data-driven insights, Kin offers customized policies that cater to the unique needs and preferences of individual homeowners. From standard coverage options to additional endorsements for high-value items and specialized risks, Kin ensures that customers have the flexibility to tailor their insurance plans to suit their specific circumstances. Renters Insurance: For renters seeking peace of mind and financial protection, Kin offers renters insurance policies that cover personal belongings, liability, and additional living expenses in the event of covered losses. With a focus on affordability and convenience, Kin's renters insurance product is easily accessible online, allowing renters to quickly obtain quotes, customize their coverage, and manage their policies with ease. By streamlining the insurance process and eliminating unnecessary complexities, Kin empowers renters to safeguard their possessions and assets without breaking the bank. Property Investors Insurance: Recognizing the unique needs and challenges faced by property investors, Kin offers specialized insurance solutions tailored to address the risks associated with owning and managing rental properties. Whether it's a single-family home, multi-unit building, or vacation rental, Kin's property investors insurance provides comprehensive coverage for property damage, loss of rental income, liability, and more. With flexible policy options and dedicated support from experienced insurance professionals, Kin enables property investors to protect their investments and maximize returns with confidence.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private