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USAA Announces Plans to Acquire Insurtech Company Noblr, Inc

Kin Insurance Closes $69 2M Series C Funding

Kin Insurance, a Chicago, IL-based insurance technology company, raised $69.2M in Series C funding. The round was originally co-led by Hudson Structured Capital Management Ltd. (doing its re/insurance business as HSCM Bermuda) and Senator Investment Group. Now, Symphony Ventures, an investment partnership established by professional golfer Rory McIlroy and his team, joined along with Flourish Ventures, a global fintech fund founded by Pierre Omidyar, the founder of eBay.  The company intends to use the funds to ramp up hiring and expand into new markets such as Texas and the Gulf Coast, and hurricane-prone regions that touch the Atlantic Ocean.

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