Jonathan Old's questions to Kingstone Companies Inc (KINS) leadership • Q1 2025
Question
Jonathan Old of Long Meadow Investors asked for an update on the company's plans for geographic expansion into other states beyond its current focus on New York.
Answer
President and CEO Meryl Golden stated that the strategy for 2025 is to focus on Downstate New York and execute the AmGUARD transaction. She clarified that any geographic expansion is a strategy for 2026 and beyond. Ms. Golden assured investors that the company has learned from past mistakes, now has a product that better matches rate to risk, and any future expansion would be approached slowly and thoughtfully.