SEAN HARPER
LIFETIME OF ACHIEVEMENT IN INSURTECH
Kin Insurance is a modern , technology-driven insurance company designed to improve the homeowners insurance process . By leveraging data and custombuilt software , Kin offers faster , more efficient services compared to traditional insurers . Its unique infrastructure allows for quick product development and adaptability , enabling the company to respond to market needs in record time , such as launching mobile home insurance in under two weeks . Kin ’ s commitment to transparency , speed and customer satisfaction makes it a standout in the industry , providing homeowners with a more personalised and accessible insurance experience tailored to today ’ s digital age .
Sean Harper , CEO and co-founder of Kin Insurance , is a “ self-proclaimed tech geek ” with a background that uniquely positions him in the insurance industry . His journey from a young programmer to an insurtech innovator is a testament to his diverse skill set and entrepreneurial spirit . Sean ’ s early interest in both computer science and economics laid the foundation for his future projects , allowing him to approach the insurance industry with a fresh perspective . His experience in consulting and venture capital further honed his business acumen , preparing him for the challenges of founding and leading a disruptive insurance company . As he points out in podcast Tech Talks Daily with Neil C . Hughes : “ In home insurance , typically around 30 to
35 percent of what you pay , goes to things other than paying claims .”
“[ Insurance can be ] a huge hidden software industry within financial services that ’ s really behind the times .”
He continues : “ There ’ s a lot of waste in the traditional insurance system , with things consumers don ’ t care about , like paperwork and legacy IT .”
Kin Insurance ’ s approach leverages technology to address these inefficiencies . Sean notes : “ We ’ re really good at using data to understand how resilient homes are and pricing risk accurately .”
This data-first approach allows for more precise risk assessment and fairer pricing : “ The pricing model in the insurance industry hasn ’ t evolved , but with data , we can now offer more accurate and fair pricing .”
SEAN HARPER
TITLE : CO FOUNDER AND CEO COMPANY : KIN INSURANCE INDUSTRY : INSURTECH LOCATION : CHICAGO
Sean Harper is the CEO and co-founder of Kin Insurance . Founded in 2016 , Kin is working at the intersection of software and insurance to bring more affordable insurance options to homeowners in catastrophe-prone regions . Sean holds a bachelor ’ s in economics and an MBA from the University of Chicago .
42 November 2024