Michael P. Kehoe is the founder and CEO of Kinsale Capital Group. He started the company in 2009, bringing over 30 years of experience in the insurance industry. Before Kinsale, he led James River Insurance Company and held key roles...

Current Market Cap

$11.09B

Number of Employees

574

Total Compensation

2019 - 2023

Trending up by 38.03% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 80.03% last year

Salary

Up by 18.03% last year

Bonus

Up by 25.00% last year

Other

Up by 6.94% last year

Year

2023

Total Compensation

$5.22M

Salary

$900.00K

Board Justification

The compensation philosophy aims to align the interests of NEOs with stockholders, rewarding achievement of strategic and operational goals while discouraging excessive risk-taking.

Bonus

$2.50M

Board Justification

The bonus for 2023 was determined based on actual underwriting profit, with payouts at approximately 185% of the target level for the CEO, which is set at 150% of base salary.

Other

$23.10K

Board Justification

Other compensation includes contributions to the 401(k) plan and payment of long-term disability and life insurance premiums.

Restricted Stock

$1.80M(5.67K restricted stock)

Board Justification

The stock awards granted on March 1, 2023, vest 25% annually for four years, with 5,671 shares vested in 2023.

Performance Metrics

The performance metrics determining the CEO's compensation include actual underwriting profit, combined ratio, and operating return on equity.

SEC Filing

From April 8, 2024

Michael P. Kehoe

CEO of Kinsale Capital Group

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Education

Field of Expertise

Finance & Banking - Insurance

Born

Invalid Date - 0 years ago

Is Founder?

No

Current Tenure

7 years 4 months (Jun 2017 - Present)

Previous Experience

Senior Vice President and Chief Information Officer

View Holdings

Insider Holdings of Michael P. Kehoe

KNSL

$417.97M

$102.38M (32.44%)

Last Insider Trade

KNSL

550 shares

KNSL

Aug 28, 2024

Charity