Kinsale Capital Group (KNSL) Investor day presentation summary

Underwriting strategy and market positioning

• Focus on E&S market with individual risk underwriting and broad risk appetite, emphasizing best-in-class service and no delegated underwriting.

• Underwriting covers a wide range of lines including professional, casualty, property, transportation, healthcare, and specialty risks.

• Data-driven underwriting and no delegated authority ensure disciplined risk selection.

• Current E&S market is fragmented, with softening in large property and D&O, but stability in commercial auto and long-tail casualty.

Product innovation and growth initiatives

• New products for 2025 include environmental discontinued operations, cyber, contractors E&O, primary aviation, and homeowners E&S.

• Continued growth in 2026 will be driven by efficiency gains, specialization, appetite expansion, and new product development.

• Homeowners E&S premium reached $3.1B in 2024, up 43% year-over-year, driven by catastrophe claims and rising home values.

• Future opportunities identified in distribution, geography, and product expansion.

Distribution and broker engagement

• 95% of premium sourced through wholesale, with 234 brokerage firms and 784 offices nationwide.

• 50 new brokerage firms/brands appointed in 2025, with appointments based on business alignment.

• Structured appointment management led to significant increases in submissions (+27%), quotes (+32%), and binds (+22%) in 2024.

• Modern broker engagement includes both in-person and virtual outreach, with 866 in-person visits and 500 virtual meetings in 2025.

• Targeted engagement initiatives improved conversion rates, with a 44% success rate in converting idle offices.