Important Information for Investors and Stockholders. We believe Kin is well positioned to capitalize on that unmet demand for years to come.. In fact, according to their filing, it is 17% better. Kin Insurance, a home insurance company, is targeting a Q4 public debut after announcing a SPAC deal with "Shark Tank" investor Matt Higgins' SPAC Omnichannel Acquisition Corp. (NYSE: OCA) last . Kins success has been primarily in markets where carriers were less interested in writing policies like FL, LA, and to a lesser extent CA. Call K. Flynn Insurance Agency at (636) 528-6363 today. Kins SPAC merger will provide the company with an additional $242 million in fresh capital. J.P. Morgan Securities LLC and Citigroup Global Markets Inc. acted as joint placement agents to Omnichannel on the PIPE transaction, and Mayer Brown LLP is acting as legal counsel to the placement agents. Kin Insurance exceeds 2021 goal for total managed premium, achieves 320% year-over-year growth Thu Jan 20 2022 Kin Insurance completes acquisition of carrier with licenses in 43 states Wed Dec 15 2021 Kin Insurance surges to $11.3 million in total managed premium in November, increasing 327% year-to-date Thu Dec 9 2021 Kin,. opens in new window, CNBC: Home Insurance company Kin to go public via SPAC merger Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. This communication does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. opens in new window, Kin Insurance provides Hurricane Ian update 2023 CNBC LLC. The Omni team is already hard at work helping elevate Kins brand presence, expanding Kins acquisition channels and layering in the most cutting-edge acquisition tactics. opens in new window, Kin Insurance named among Chicago Inno's 2020 "50 on Fire" In other words, it has the financial stability to pay out claims even after widespread disasters. opens in new window, Fortune: How your homeowners insurance premium is determinedplus 7 tips to help you save Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through a merger with Omnichannel Acquisition Corp., a blank-check firm led by Matt Higgins, a longtime investor who has appeared as a Shark Tank judge. The Insurance world is seen by these investors as sleepy and ripe for disruption. Kin Insurance is funded by 43 investors. Looking ahead, we intend to continue hiring the best and brightest talent to help elevate our data-centric insurance solutions that address the needs of todays world.. Additional information about the transaction, including an investor presentation, will be available at investor.kin.com and will be filed with the U.S. Securities and Exchange Commission (the SEC) by Omnichannel as an exhibit to a Current Report on Form 8-K prior to the call, and available on the SEC website at www.sec.gov. We are excited to enter the public markets with Matt Higgins and the incredible team at Omnichannel, who have a proven track record of building enduring direct-to-consumer brands, making them the perfect complement for Kin. The company crunches thousands of data points that it says allows for more accurate pricing and better underwriting results. opens in new window, Kin Insurance awarded Built In's 2021 "Best Midsize Companies to Work For" opens in new window, Business Insider: Home warranty vs. homeowners insurance Omnichannel Acquisition Corp. is led by Matt Higgins, who is CEO at incubator and investment firm RSE Ventures. opens in new window, Forbes: Want to build a superteam? How to get the most from your teams, Forbes: Why cross-functional teams solve problems best, Forbes: The limits of being awesome in a highly regulated industry, Chicago Inno: Facing legacy insurance giants, Chicago upstart Kin gains popularity with homeowners, Forbes: Eliminating the hidden costs of saving on customer support, VentureBeat: 5 startup trends that shaped the Midwest in 2018, Forbes: 12 late-stage interview faux pas that could cost you the job, Forbes: How data allows you to create tailor-made customer experiences, Forbes: How solving real problems is a competitive advantage in todays world, Forbes: Reminder: Capitalism is supposed to benefit customers, Inc.: Let the person with the most information make the decision, Forbes: How to successfully identify problems worth solving, Crains Chicago Business: Insurance startup Kin raises $13 million, Crains Chicago Business: Meet Allstate's newest challengers, Built In: 5 Chicago tech companies redefining the insurance industry. You should carefully consider the foregoing factors and the other risks and uncertainties described in the Risk Factors section of Omnichannels Annual Report on Form 10-K, and other documents filed by Omnichannel from time to time with the SEC and the registration statement on Form S-4 and proxy statement/prospectus discussed above. Investors may listen to a pre-recorded call regarding the proposed business combination today at 9:00 am ET. opens in new window, Kin Insurance maintains steady year-over-year growth in third quarter, increasing 151% year-to-date Forbes: When fintech succeeds: The three Ds, Forbes: How to adapt when your industry is facing disruption, Quartz: New study shows why hurricanes stay so strong after making landfall, Washington Post: Eight tips for buying homeowners insurance, Forbes: Want to build a successful startup? Kin is the only pure-play direct-to-consumer digital insurer focused on the complex and growing $100+ billion homeowners insurance market. The rest of Kins new funding will go toward expanding its 300-person teamwith a focus on filling key positions within the company's marketing, product, engineering, finance and legal departments. opens in new window, Insurtech startup Kin Insurance raises $47M to launch carrier in Florida opens in new window, Forbes: How solving real problems is a competitive advantage in todays world opens in new window, Built In: Kin Insurance secures $82M for its D2C home insurance platform Louisiana homeowners insurance can cover: Your dwelling, including walls, foundation, roof, floors, plumbing, and more. opens in new window, Kin ranked #349 on Inc. 5000 list of "Fastest-Growing Private Companies" opens in new window, USA Today: Which tech investments can weather volatile markets best? opens in new window, The Future of Insurance: Sean Harper, Kin Insurance The proposed acquisition of the inactive insurance carrier and the business combination are both expected to close in the fourth quarter of 2021 following the satisfaction of customary closing conditions, including regulatory approval, and in the case of the business combination, shareholder approval. The pandemic compressed years of ecommerce adoption and upended industries overnight. This also enables it to operate in markets that are subject to growing weather volatility as a result of climate change. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. opens in new window, Forbes: The limits of being awesome in a highly regulated industry opens in new window, Forbes: 10 startups leading the way in customer experience USA Today: Which tech investments can weather volatile markets best? 2: Kin Interinsurance Network total policies in force at the end of the period (new and renewal). opens in new window, Kin Insurance announces condo insurance in Florida The Kin team has leveraged its decades of insurance and FinTech experience to build a capital-efficient company that is experiencing outstanding growth across the board, along with compelling and superior unit economics, said Omnichannel Chairman and CEO Matt Higgins, a serial entrepreneur who co-teaches a Harvard University course on digitally native brands. That notwithstanding, they use data specifically to enhance their acquisition and book performance. Press Release: Investors Presentation: Coming Soon Article: Kin Insurance Inc., an insurance-technology startup that counts Press J to jump to the feed. In a deal that would value the start-up at more than $1bn, Kin could become the latest InsurTech to pass the unicorn threshold opens in new window, Inc.: Let the person with the most information make the decision opens in new window, Forbes: How to sell value to price-sensitive customers Upon closing of the transaction, the combined company will be named Kin Insurance, Inc. and is expected to be listed on the NYSE under the new ticker symbol KI. Get our latest stories curated just for you. Kin offers a D2C platform that helps homeowners purchase insurance within minutes, and offers a more convenient way to complete tasks like making changes to their insurance policies or filing a claim. The transaction will require the approval of the stockholders of Omnichannel and Kin, the effectiveness of a registration statement to be filed with the Securities and Exchange Commission (the SEC) in connection with the transaction, and the satisfaction of other customary closing conditions, including the receipt of certain regulatory approvals. opens in new window, Kin again recognized as a "Best Place to Work" by Built In Picks, CE100 opens in new window, Forbes: In hyper-growth mode? By stepping into climate-impacted areas and offering cost-efficient insurance priced with sophisticated climate models, Kin plays a key part in helping our society adapt to climate change. opens in new window, Built In: How these 7 Chicago tech companies found their product-market fit opens in new window, Crains Chicago Business: Insurance startup Kin raises another $35 million opens in new window, Kin Insurance completes acquisition of carrier with licenses in 43 states opens in new window, Kin Insurance exceeds 2021 goal for total managed premium, achieves 320% year-over-year growth With the sole mission of bringing the home insurance process into the modern age, Kin Insurance is taking the next step in its growth journey. opens in new window, Inside P&C: Kin pulls in $82MN in Series D funding Invest in emotional intelligence. All Rights Reserved. opens in new window, Insurance Journal: Kin Insurance launches landlord insurance in Florida market Kin Insurance, a digital direct-to-consumer home insurer that targets catastrophe-prone areas, said it has has acquired an inactive insurance carrier holding licenses in 43 states. We expect to use our strengthened balance sheet to further scale our platform to new geographies, accelerating the growth of our premiums and profitability. Kin Insurance and Omnichannel Acquisition Corp., a publicly traded special purpose acquisition company, announced that they have mutually agreed to terminate their previously announced agreement and plan of merger as a result of "current unfavorable market conditions." "We worked tirelessly over the better part of a year to bring this combination to . opens in new window, Seeking Alpha: Omnichannel CEO Matt Higgins, Kin CEO Sean Harper - focus on macro trends Transaction includes commitment for $80 million PIPE led by HSCM Bermuda and Senator Investment Group, with participation from Gillson Capital, Park West Asset Management and other institutional investors, New strategic investors include Joe Plumeri, former chairman and CEO, Willis Group Holdings; Stephen Ross, Jeff Blau and Bruce Beal of related companies, the most prominent privately-owned real estate firm in the United States; and Gary Vaynerchuk, CEO of VaynerMedia, Previous Series C investors include NBA all-star Draymond Green and four-time major champion golf pro Rory McIlroy; noth back Kin to raise brand profile across the country. opens in new window, The Insurer: Insurtech Kin announces $82MN first close in latest financing round opens in new window, Kin Insurance closes $35M Series B to fuel industry disruption The transaction is set to close in Q4 this year. Moreover, the math barely adds up when you look at a 38% loss ratio, a 28% reinsurance premium, and a 32% commission. opens in new window, Washington Post: Eight tips for buying homeowners insurance Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. Any financial and capitalization information or projections in this communication are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainties and contingencies, many of which are beyond Omnichannels and Kins control. opens in new window, Kin Insurance surges to $11.3 million in total managed premium in November, increasing 327% year-to-date Our National Producer Number (NPN) is 18044957 and our Certificate of Authority (COA) number is 19-813300698. opens in new window, Crain's Chicago Business: Insurance startup Kin abandons SPAC Interestingly, the SPAC is supported by celebrities such as NBA superstar Draymond Green, golf pro Rory Mcllroy, and cosmetics guru Bobbie Brown, who said that Kin, like her, would reinvent a market. opens in new window, Kin upgrades reinsurance program, emphasizing commitment to homeowners most impacted by climate change As Kin looks to soon expand its reach into new markets, the company announced NBA superstar Draymond Green joined four-time major champion golf pro Rory McIlroy in the recent Series C round as an investor, both of whom will assist in raising Kins profile across the country in current markets and in new geographies. Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through a merger with Omnichannel Acquisition Corp ., a. a Get our latest stories curated just for you. Kin signed an agreement to acquire an inactive insurance carrier with licenses in over 40 states, bringing the unicorn one step closer to national expansion. Get stock picks, analyst calls, exclusive interviews and access to CNBC TV. 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The call may be accessed by dialing (877) 407-4018 for domestic callers or (201) 689-8471 for international callers. opens in new window, Kin secures $145M in debt financing to fuel continued growth opens in new window, Chicago Inno: Facing legacy insurance giants, Chicago upstart Kin gains popularity with homeowners / This communication includes forward looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Stephen Ross, Jeff Blau and Bruce Beal of Related Companies and golf pro Rory McIlroy are among Kin's other backers. opens in new window, Forbes: How to successfully identify problems worth solving To learn more, visit https://www.kin.com. 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