Kingstone Announces Addition of Thomas Newgarden to its Board of Directors

Kingstone Companies, Inc. (Nasdaq:KINS), a Northeast regional property and casualty insurance holding company, has appointed Thomas "Tom" Newgarden to its Board of Directors. Mr. Newgarden brings extensive experience in insurance operations, underwriting, and product development, as well as knowledge of the Insurtech sector.

Meryl Golden, CEO of Kingstone, highlighted Mr. Newgarden's expertise in enhancing product offerings and operational efficiency, expressing optimism about his contributions to long-term profitability. Mr. Newgarden shared his enthusiasm for working with the management team to build on the company's strong foundation and drive future growth.

Kingstone Insurance Company ("KICO"), the principal subsidiary, writes personal lines and commercial auto insurance in New York and other states. In 2023, KICO was the 15th largest writer of homeowners insurance in New York.