Kin swings to Q1 operating income with insurtech set to hit $370mn+ of premium in 2023
Kin ended 2023’s first quarter by swinging to an operating profit of $4.4mn while gross premiums written (GPW) hit $83.2mn - growth of 54 percent on Q1 2022 – with the homeowners insurtech on track to generate over $370mn of total premium this year.