Jerry Fadden - Chief Financial Officer at Kin Insurance
Professional Summary
Jerry Fadden is an experienced finance executive specializing in the insurance and financial services sectors. Currently, he serves as the Chief Financial Officer (CFO) of Kin Insurance, a role he has held since July 2022. Fadden's career is marked by a series of high-level positions in reputable companies, demonstrating his capacity for leadership and financial oversight.
Career Highlights
- Chief Financial Officer, Kin Insurance: Joined in July 2022. Notable contributions include overseeing financial operations and contributing to significant milestones such as Kin's expansion into the Texas market.
- COO/CFO, GloriFi Insurance: Prior experience at a digital insurance platform, focusing on operational and financial strategies.
- CFO, Texas Windstorm Insurance Association & Texas FAIR Plan Association: Managed financial functions, enhancing organizational efficiency.
- Head of Risk & Supervision, UBS Financial Services Inc.: Led risk management initiatives.
- EVP & CFO, Tower Hill Insurance Group: Senior financial oversight.
- President & CEO, Platinum Underwriters Holdings, Ltd.: Executive leadership responsibilities.
- EVP & CFO, PaineWebber Group: Combining executive management with financial strategy.
Additionally, Fadden has provided interim executive leadership and turnaround services through his role at Fadden & Co..
Educational Background
- MBA, Harvard Business School
- Bachelor of Arts in Economics, Stanford University
Kin Insurance Overview
Kin Insurance, founded in 2016, has grown rapidly, insuring over 240,000 policies and employing more than 750 people nationwide. The company is recognized for its customer-centric approach, reflected in high satisfaction ratings (4.7 out of 5) and substantial customer savings, averaging $989 annually. Kin is built on a robust technological foundation, making insurance more accessible and efficient.
Key Financial Performance (Q2 2024)
- Achieved over $150 million in gross written premium.
- Noted an improving loss ratio and increased capital and surplus levels.
Leadership Team at Kin Insurance
- Sean Harper: Co-Founder and Chief Executive Officer
- Jerry Fadden: Chief Finance Officer
- Angel Conlin: Chief Insurance and Compliance Officer
- Vivek Vaid: Chief Technology Officer
- Brian Pogrund: Chief Operating Officer
- Effie Kyroudis: Chief HR Officer
- Pete Tiwari: Chief Product Officer
- Ashish Agarwal: Chief Marketing Officer
- Sachin Adarkar: Chief Legal Officer
Industry Impact
Kin Insurance is noted for its innovative approach, effectively adapting to market changes and managing risks in a dynamic environment. The company’s emphasis on financial stability and customer satisfaction sets it apart in the insurance industry.
Key Insights for Sales Engagement
- Jerry Fadden's extensive background in finance and insurance positions him as a strategic thinker with a deep understanding of market dynamics.
- His role as CFO at Kin Insurance involves critical decision-making that influences financial strategies and company growth.
- Understanding Kin’s commitment to leveraging technology for better customer experiences could present opportunities to discuss products or services that align with these goals.
In summary, Jerry Fadden’s profile exemplifies a seasoned financial leader with a demonstrated history of driving growth and innovation in the insurance industry. His strategic insights and operational expertise make him a valuable contact for high-level sales discussions and potential business collaborations.
