U.S. Insurtech Kin Insurance Surpasses $10 Billion in Total Insured Property Value  Crowdfund Insider. : U.S. insurtech startup Kin Insurance announced on Tuesday it has surpassed $10 billion in total insured property value. Kin reported that it saw a 400% increase in direct written premiums of the fourth quarter of 2020 over the past year. It also saw a 92% renewal acceptance rate. As previously reported, Kin describes itself as an insurtech startup and licensed insurance carrier that is on a mission to fix home insurance through intuitive tech, affordable pricing, and world-class customer service.