{
  "docId": "019de511-86c1-763b-809c-97cddb232ec0",
  "docSlug": "cb4bba163446eb777925f842a7343ba6",
  "documentTitle": "Kin | SPAC Presentation Deck | 91 slides",
  "authorId": "kin",
  "authorName": "Kin",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-09-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 79,
  "pageCount": 91,
  "prevPage": 78,
  "nextPage": 80,
  "slideType": "comparison_table",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 14,
  "notes": "The slide uses a comparison table to illustrate a financial advantage.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de511-86c1-763b-809c-97cddb232ec0/79",
  "deckHref": "/decks/019de511-86c1-763b-809c-97cddb232ec0",
  "deckJsonHref": "/decks/019de511-86c1-763b-809c-97cddb232ec0.json",
  "deckAnchorHref": "/decks/019de511-86c1-763b-809c-97cddb232ec0#slide-79",
  "components": [
    {
      "bbox": {
        "h": 0.35,
        "w": 0.35,
        "x": 0.58,
        "y": 0.28
      },
      "kind": "list",
      "text": "Surplus Contribution is treated as paid in capital for both premium & corporate tax purposes. Compared to a Stock Carrier with similar Adjusted Combined Ratio, KIN will grow surplus ~27% faster due to this tax treatment",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d2f13150-27e0-4bfb-b49b-7c81f3d6d05c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.35,
        "x": 0.12,
        "y": 0.92
      },
      "kind": "source-note",
      "text": "1.Assumes same expense inputs as prior slide, 35% Loss + LAE, 30% Reinsurance, 31% Other Expenses 2.Assumes tax rate of 21%",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5f6333a1-5895-49fd-b2d7-b8fd4a2da80b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.45,
        "x": 0.08,
        "y": 0.13
      },
      "kind": "table",
      "text": "Comparison of Stock Carrier vs Kin Interinsurance Network financial metrics",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "80cd7f7e-37dd-43f4-aac5-de85a3b184da",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.35,
        "x": 0.58,
        "y": 0.09
      },
      "kind": "title",
      "text": "Our reciprocal structure can accumulate surplus 25+% faster",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ad551916-d7e5-41b8-89ab-c455867bc7c4",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "comparison_frame",
      "slug": null,
      "matchId": "175bfc44-5683-41d6-8ea2-6b203ce66aab",
      "evidence": "Direct comparison of financial outcomes between two business models",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}