Kingstone Companies, Inc. (KINS) is a property and casualty insurance holding company based in New York, USA. The company was founded in 1886 and has grown into a reputable multi-line regional property and casualty insurance holding firm. The company’s core vision is anchored on providing exceptional service and products to its clients.
KINS operates primarily through its subsidiary, Kingstone Insurance Company, which is directly supervised by the New York State Department of Financial Services. This means that the companies' operations are compliant with the stringent regulations provided by this state authority.
Kingstone Companies, Inc., markets its insurance products through a broad network of independent agents. It specializes in personal lines such as homeowners and dwelling fire insurance coverage. Besides, the company also delivers a variety of other coverages such as personal liability insurance, commercial liability, and commercial automobile insurance. Their client base spans businesses, homeowners, and other property owners located mainly in New York, New Jersey, Texas, Connecticut, and Pennsylvania.
KINS stays competitive through its specific underwriting philosophy which ensures accuracy in pricing risks, prudent loss control, and excellent customer service. This has allowed the firm to sustain steady financial strength, attested by the 'A Exceptional' Financial Stability Rating (FSR) bestowed by Demotech, Inc., an independent financial analysis firm.
The company is publicly traded and listed on the NASDAQ capital market under the symbol “KINS." In addition to the success it has had in the insurance business, KINS is also committed to corporate social responsibility, embodying a genuine commitment to the communities in which it serves.
Overall, Kingstone Companies, Inc., is a strong and reliable institution that has successfully navigated the ever-changing insurance industry for over a century. By utilizing a customer-centric approach, the company has been able to differentiate itself in the market and maintain a loyal customer base. As it looks to the future, KINS aims to continue providing its clients with quality insurance products and exceptional service, ensuring the company remains a leader in the industry.