Michael Kehoe

Chairman of the Board & Chief Executive Officer, KINSALE CAPITAL GROUP INC

Search every verified Michael Kehoe interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. At the 30th Annual Baron Investment Conference in September 2024, Michael Kehoe discussed Kinsale Capital's strategy of insuring high-risk businesses that other insurers avoid, operating in the excess and surplus lines market. He stated that the company maintains control over underwriting and claims management, and described technology as a core competency, with about 120 IT professionals focused on innovation and automation. Kehoe said the company's quantitative approach showed that faster quoting increases the probability of binding an order, leading to a more aggressive quoting process. Kehoe attributed rising insurance rates to increasing loss costs from the state-based tort system, inflation, and natural catastrophes such as hurricanes and wildfires. He noted that AI is being experimented with in product development and underwriting but also poses network security risks like deepfake fraud. Regarding homeowners in high-risk areas like Florida, Kehoe said that dramatically higher insurance costs and stricter building codes can push some out of the market, though insurance remains available.