Kingstone Announces Choosing of Scott Van Pelt as Chief Monetary Officer

KINGSTON, NY / ACCESSWIRE / February 1, 2021 / Kingstone Organizations, Inc. (NASDAQ:KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance plan keeping enterprise, currently introduced that Scott Van Pelt will be becoming a member of its senior administration workforce as its Main Financial Officer.

Scott delivers to Kingstone above 30 a long time of encounter in the insurance policy sector, having served as Chief Economic Officer at CHW Group, Citi Reinsurance and Star & Defend Insurance. Scott will travel Kingstone’s strategic priorities with regard to finance and accounting.

Barry Goldstein, Kingstone’s CEO, said, “We are psyched to have Scott be part of Kingstone’s administration team. His deep practical experience in the insurance coverage business will be an invaluable asset to us as we look for to placement ourselves as a top regional carrier.”

Mr. Van Pelt stated, “I am thrilled to be a part of the senior leadership staff at Kingstone and look forward to aiding lead the Enterprise to even better successes.”

About Kingstone Companies, Inc.

Kingstone is a northeast regional property and casualty insurance coverage holding business whose principal operating subsidiary is Kingstone Insurance Business (“KICO”). KICO is a New York domiciled carrier composing enterprise by retail and wholesale agents and brokers. KICO presents principally private strains coverage goods in New York, New Jersey, Rhode Island, Massachusetts, and Connecticut. Kingstone is also accredited in Pennsylvania, New Hampshire and Maine.

Forward-Wanting Statements

Statements in this push release may well contain “forward-searching statements” inside the this means of the Non-public Securities Litigation Reform Act of 1995. All statements, other than statements of historic facts, could be ahead-looking statements. These statements are based mostly on management’s recent anticipations and are subject matter to uncertainty and variations in instances. These statements contain risks and uncertainties that could result in actual final results to vary materially from those included in ahead-searching statements thanks to a variety of factors. For additional specifics on aspects that could influence anticipations, see Portion I, Product 1A of our Annual Report on Type 10-K for the calendar year finished December 31, 2019 less than “Factors That May perhaps Affect Foreseeable future Benefits and Fiscal Condition” and Component II, Product 1A of our Quarterly Report on Sort 10-Q for the period ended September 30, 2020, submitted with the Securities and Trade Fee. Kingstone undertakes no obligation to publicly update or revise any ahead-hunting statements, no matter whether as a result of new information, upcoming gatherings or otherwise, except as essential by legislation.

Get in touch with:

Kingstone Firms, Inc.

Amanda M. Goldstein

Investor Relations Director

(516) 960-1319

Source: Kingstone Companies, Inc

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