ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Kingstone Stockholders Approve Company Proposals at 2025 Annual Meeting

Board Composition Updated

KINGSTON, NY / ACCESS Newswire / August 6, 2025 / Kingstone Companies, Inc. (Nasdaq:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, announced the results of its annual meeting of stockholders, which was held virtually today.

Voting Results

At the Annual Meeting, stockholders approved the following proposals:

  1. The election of six directors, Meryl S. Golden, Thomas Newgarden, Floyd R. Tupper, William L. Yankus, Manmohan Singh, and Pranav Pasricha for a one-year term, to expire at the next annual meeting of stockholders.

  2. The ratification of CBIZ CPAs P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.

  3. The Company's executive compensation.

  4. A frequency of every one year regarding the future advisory votes to approve the Company's executive compensation.

Changes to the Board of Directors

Carla D'Andre and Timothy McFadden have completed their service on Kingstone's Board of Directors, and Pranav Pasricha has been elected to the Board of Directors, effective immediately.

Meryl Golden, Chief Executive Officer at Kingstone, stated, "On behalf of the entire Company, I want to thank Carla and Tim for their dedicated service and leadership on our Board. Their insights, guidance, and deep industry experience have been instrumental in shaping our strategic direction and strengthening our governance. We are grateful for their many contributions and wish them all the best in their future endeavors. At the same time, we are excited to welcome Pranav to the Board. As an entrepreneurial leader with a strong track record of building insurance and technology companies, Pranav brings extensive experience in insurance and reinsurance that will provide invaluable perspective as we drive forward our long-term strategy."

Ms. D'Andre began her service on the Kingstone Board in 2017 and has more than 45 years of insurance industry experience and deep expertise in risk management. She served as Chair of the Board's Nominating and Corporate Governance Committee and former Finance Committee, contributing valuable leadership and oversight throughout her tenure. Ms. D'Andre also served as a member of the Board's Compensation Committee and former Corporate Sustainability and Risk Management Committee.

Mr. McFadden began his service on the Kingstone Board in 2018 and has decades of leadership experience in the insurance industry along with deep financial, regulatory, and legal expertise. He held key roles as Lead Independent Director, Chair of the Board's former Corporate Sustainability and Risk Management Committee and as a member of the Board's Nominating and Corporate Governance Committee, Audit Committee and Risk Committee.

Mr. Pasricha has served as Chief Executive Officer of BluePond.Ai, a GenAi-based property and casualty Insurtech company since October 2023. He has also served as Managing Partner of BluePond Capital, a family office incubating Insurtech startups, since August 2022. From January to June 2023, Mr. Pasricha was Entrepreneur in Residence for Point72 Hyperscale, a hedge fund and private equity investor. From August 2020 to December 2022, he served as Global Head, P&C Solutions for Swiss Re, a global reinsurance and insurance carrier. Furthermore, Mr. Pasricha served as Chief Executive Officer of IntellectSEEC, an insurance software company, from June 2014 to July 2020. He received his B.E. degree in Electronics and Communications from M.D. University, India and his M.B.A. from University of Otago, New Zealand. Mr. Pasricha also completed the Executive Program in Strategic IT from Northwestern University, Kellogg School of Management.

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 12th largest writer of homeowners insurance in New York. KICO is also licensed in New Jersey, Rhode Island, Massachusetts, Connecticut, Pennsylvania, New Hampshire, and Maine.

Investor Relations Contact:

Karin Daly
Vice President
The Equity Group Inc.
kdaly@theequitygroup.com

SOURCE: Kingstone Companies, Inc.



View the original press release on ACCESS Newswire

Recent Quotes

View More
Symbol Price Change (%)
AMZN  213.04
-1.43 (-0.67%)
AAPL  252.29
+4.84 (1.96%)
AMD  233.08
-1.48 (-0.63%)
BAC  51.28
+0.84 (1.67%)
GOOG  253.79
+1.91 (0.76%)
META  716.91
+4.84 (0.68%)
MSFT  513.58
+1.97 (0.39%)
NVDA  183.22
+1.41 (0.78%)
ORCL  291.31
-21.69 (-6.93%)
TSLA  439.31
+10.56 (2.46%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.