Kin SPAC Presentation Deck
Upward Trend in Total Managed Premium
Total Written Premium is for Shareholder Interest (Kin Insurance, Inc.)
kin.com | 72
Total Managed PremiumĀ¹ ($mm)
$4.1
January 2021
$5.2
February 2021
$7.1
March 2021
CMGR: 17%
$7.6
April 2021
$8.0
May 2021
Total YTD:
$41mm
$9.0
June 2021
1: Excludes surplus contribution, an incremental 10% capital contribution on top of premium paid by customers to Kin Interinsurance Network. Total Managed Premium is a non-GAAP metric, which includes Carrier (Kin
Interinsurance Network), MGA, and Agent premium. Gross premium written by Kin Interinsurance Network was $19.4mm in 2020. Agent premium are premiums Kin produced as an agent for third party carriers. Kin does not
collect premiums for its third party agent business and has used third party carrier commission statements to estimate the total premiums produced. Note: The June 2021 results showed strong MoM growth, with the May rate
increase showing very little impact on conversion or churn.
kin.
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