Kingstone Insurance Partners with Snapsheet to Elevate Claims Efficiency and Customer Experience

Rhea-AI Summary

Kingstone Companies (NASDAQ:KINS), a Northeast regional property and casualty insurance holding company, has announced a strategic partnership with Snapsheet to enhance its claims processing capabilities. The collaboration aims to modernize Kingstone's claims operations through Snapsheet's software implementation.

The partnership will introduce new digital communication capabilities, expanded payment options, and intelligent automation to streamline the claims resolution process. According to Dave Fernandez, Chief Claims Officer of Kingstone, this initiative will enable their team to deliver faster, more accurate, and compassionate claims service to policyholders.

Snapsheet's President Andy Cohen highlighted that their platform will enhance Kingstone's claims efficiency through automation and intelligent workflows while providing a seamless digital experience for customers.

Positive

• Implementation of modern claims processing technology to improve operational efficiency
• Enhanced digital capabilities and payment options for better customer experience
• Potential cost reduction through automated claims processing

Negative

• None.

KINGSTON, NY / ACCESS Newswire / March 18, 2025 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced it has partnered with Snapsheet to simplify claims resolution and enhance operational efficiency. By deploying Snapsheet's intuitive software, Kingstone will modernize its claims operations to deliver a faster, more seamless experience for policyholders while improving cost efficiency.

"We are pleased to announce our partnership with Snapsheet as part of our ongoing commitment to providing the best claims experience to our valued policyholders," said Dave Fernandez, Chief Claims Officer of Kingstone. "Snapsheet will optimize the claims process for our customers, enabling our dedicated team to focus on delivering fast, accurate, and compassionate claims service. With Snapsheet, we will introduce new digital communication capabilities, expand payment options, and intelligent automation to enhance the overall claims experience."

"We're excited to support Kingstone as they take their claims operations to the next level," said Andy Cohen, President of Snapsheet. "By deploying automation and intelligent workflows, our platform will enhance Kingstone's claims efficiency while delivering a seamless digital experience for policyholders."

About Kingstone Companies, Inc.

Kingstone is a northeast regional property and casualty insurance holding company whose principal operating subsidiary is Kingstone Insurance Company ("KICO"). KICO is a New York domiciled carrier writing business through retail and wholesale agents and brokers. KICO is actively writing personal lines and commercial auto insurance in New York, and in 2024 was the 12^th largest writer of homeowners insurance in New York. KICO is also licensed in New Jersey, Rhode Island, Massachusetts, Connecticut, Pennsylvania, New Hampshire, and Maine.

About Snapsheet

Snapsheet is a leader in modern claims management technology. Built on a foundation of innovation and efficiency, Snapsheet delivers a seamless digital insurance claims process for auto, property, and commercial lines across the globe. Collaborating with over 160 customers, including many of the largest insurance carriers, TPAs, MGAs, and insurtechs, Snapsheet streamlines claims, appraisals, and payment processes through advanced technology. Learn more at www.snapsheetclaims.com.

Kingstone Investor Relations Contact: Karin Daly Vice President The Equity Group Inc. kdaly@equityny.com

Snapsheet Media Contact: Eric Waldinger Chief Revenue Officer Snapsheet eric.waldinger@snapsheet.me

SOURCE: Kingstone Companies, Inc

View the original press release on ACCESS Newswire

FAQ

What improvements will KINS implement through the Snapsheet partnership in 2025?

KINS will implement digital communication capabilities, expanded payment options, and intelligent automation to enhance claims processing efficiency and customer experience.

How will the Snapsheet partnership affect KINS insurance claims processing?

The partnership will modernize claims operations, enabling faster and more seamless claims resolution while improving cost efficiency.

What are the main benefits for KINS policyholders from the Snapsheet integration?

Policyholders will experience faster claims resolution, improved digital communication, and expanded payment options.

When will KINS implement the Snapsheet claims processing system?

The partnership was announced on March 18, 2025, with implementation to follow.