Kin, an insurtech company, has reported profitability for the second quarter, distinguishing itself from some of its peers in the sector. According to a report, while Kin has reached a profitable position, another insurtech company, Lemonade, projects that it will achieve its first profitable quarter in Q4 of this year.
Original Source: https://www.insurancebusinessmag.com/us/news/breaking-news/kin-posts-profitable-q2-growth-while-insurtech-peers-still-chase-breakeven-586122.aspx