FRW - Home insurance co. Kin targets Q4 public debut after SPAC deal with Omnichannel Acquisition

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 month. "We're on this day and night," Higgins, CEO and Chairman of Omnichannel Acquisition and a recurring guest on ABC's "Shark Tank," said in a video interview with Seeking Alpha. Kin, an insurtech company that has a direct-to-consumer model, is currently targeting California, Florida and Louisiana, as the primary states for its home insurance product. Higgins said that investors may see it somewhat counterintuitive that the company is focused on states where weather and climate change can be a huge issue. The notion that "we are going to penalize these states and cities because they’re disproportionately impacted makes no sense," Higgins, who's also an executive fellow at Harvard Business School, said, "There will be nowhere to run in a decade. The best

For further details see:

Home insurance co. Kin targets Q4 public debut after SPAC deal with Omnichannel Acquisition