Kin Insurance Acquires Inactive Carrier with Licenses in 43 States

December 15, 2021

Kin Insurance has completed the acquisition of an inactive insurance carrier that holds licenses in 43 U.S. states; the carrier will be renamed the Kin Interinsurance Nexus. The acquisition gives Kin the regulatory footprint to expand beyond its current markets (Florida, Louisiana and California) into many catastrophe-exposed states, supporting rapid geographic growth and new product distribution.

Buyers
Kin Insurance, Inc.
Targets
Unnamed inactive insurance carrier (to be renamed Kin Interinsurance Nexus)
Industry
Insurance
Location
United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.