Kin Insurance, a US insurtech focused on home insurance, has announced several leadership appointments as the company enters its next phase of growth, including Jerry Fadden, CFO; Jessica Jacob, CLO; Effie Kyroudis, CHRO; and Pete Tiwari, SVP of Product.
Sean Harper, CEO of Kin commented on the new appointments, stating, “Over the past few months, we’ve brought in several executives who have the leadership, skills, and technical expertise to expand our offerings, grow to serve millions of households, and deliver more value to customers.
“These are important strategic hires that will help us build the market-defining insurance company for the next century.”
Jerry Fadden will lead Kin’s finance organisation and oversee all aspects of financial management and reporting for the business. Additionally, he will manage Kin’s relationships with rating agencies, regulators, research analysts, and institutional investors.
Before Kin, Fadden was the CFO of TWIA, and holds over three decades of experience as a financial executive leading insurance and financial services companies, including Travelers, PaineWebber, Platinum Underwriters, and Lehman Brothers.
Jessica Jacob, a longtime strategic advisor to fintechs, insurtechs, and other growth-stage companies, will head Kin’s corporate legal organisation and focus on corporate governance, GRC, employment, contracting, and all corporate-level regulatory compliance, says Kin. Previously, Jacob was a partner at Scale LLP and general counsel at Decent.
Effie Kyroudis is tasked with driving Kin’s talent strategy and collaborative and inclusive culture, while ensuring the business is structured successfully to support a rapidly growing team.
Before joining Kin, Kyroudis served as head of people at RevenueWell, having held top HR roles at high-growth technology companies before that.
Pete Tiwari leads Kin’s product and design organisations and is responsible for developing product strategy, building and maintaining product roadmaps, establishing go-to-market plans, and driving operational excellence, suggests Kin.
He was previously financial access product lead at Plaid and has held a variety of fintech and digital product leadership roles at Goldman Sachs, CommonBond, and OnDeck.
Kin recently reported that its gross loss from Hurricane Ian will remain “well below” the top of its $800 million overall reinsurance tower.
The company later announced the closing of a $145 million committed credit facility which was led by Runway Growth Capital LLC and the Avenue Venture Opportunities Fund, L.P., providing Kin with additional capital to support the expansion of the Kin Interinsurance Network, a reciprocal exchange.
