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Michael P. Kehoe

Chairman of the Board and CEO at Kinsale Capital Group
Board
Since March 1, 2024
Age
57 years
Education
Holds a B.A. in Economics from Hampden-Sydney College and a J.D. from the University of Richmond School of Law.
Tenure
Joined KNSL in June 2009 as President and Chief Executive Officer and was promoted to Chairman of the Board and Chief Executive Officer in March 2024.

Also at Kinsale Capital Group

BDH
Brian D. Haney
President and COO
BPP
Bryan P. Petrucelli
EVP, CFO, and Treasurer
DDS
Diane D. Schnupp
EVP and Chief Information Officer

About

Michael P. Kehoe has built a distinguished career in the insurance industry, holding high-level positions that have contributed to his reputation as a seasoned leader. His career began with various senior roles at Colony Insurance Company, where he honed his expertise in underwriting and brokerage under the guidance of industry veterans.

Expanding upon his solid foundation, he served as President and Chief Executive Officer at James River Insurance Company from 2002 to 2008, further refining his strategic and operational skills in a competitive marketplace. These experiences paved the way for his transition to KNSL, where his leadership has been instrumental in driving growth and operational efficiency.

Since joining KNSL in June 2009, his vision and direction have helped transform the company into a standout specialty insurance group focused on the excess and surplus lines market. His advancement to the role of Chairman of the Board and Chief Executive Officer in March 2024 underscores his ongoing commitment to innovation and excellence in the industry.

$KNSL Performance Under Michael P. Kehoe

Past Roles

OrganizationRoleDate RangeDetails
Kinsale Capital Group (KNSL) President and Chief Executive Officer June 2009 - March 2024 Held prior to being promoted to Chairman of the Board & CEO
Kinsale Capital Group (KNSL) Director 2009 - March 2024 Served before assuming the Chairman role
James River Insurance Company President and Chief Executive Officer 2002 - 2008 Led the company as its top executive
Colony Insurance Company Various senior positions, concluding as Vice President of Brokerage Underwriting 1994 - 2002 Worked in underwriting and held senior roles

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Base Salary$900,000 N/AN/A
All Other Compensation$23,102 N/ATax-qualified 401(k) contributions: $19,800 ; Long-term disability & life insurance premiums: Total less than $10,000 combined

Performance Compensation

Data from  FY 2023

Annual Cash Incentive Program (Bonus)

MetricDetails
Performance MetricActual Underwriting Profit defined as earned premiums less net loss, loss adjustment expenses, and underwriting expenses before bonuses
Target Bonus150% of base salary
Actual Bonus PayoutApproximately 185% of target level
Payment SchedulePayable in cash by March 15, 2024
ConditionsEvaluated at the discretion of the CNCG Committee

Restricted Stock Awards

MetricDetails
Grant DateMarch 1, 2023
Grant Date Fair Value$1,799,975
Shares Awarded5,671 shares
Vesting Schedule25% annually over four years
Grant Date Stock PriceNot explicitly provided
ConditionsAwards vest fully if employment terminates due to death or disability; no additional performance metrics specified for stock awards