Kingstone Appoints Randy L. Patten as New CFO

Kingstone Companies has appointed Randy L. Patten as Chief Financial Officer, effective August 25, 2025. Patten joins Kingstone from NEXT Insurance, where he played a key role in the company's recent acquisition by ERGO Group AG for $2.6 billion. He brings extensive finance experience in the insurance industry, including senior roles at United Fire Group and Transamerica Life Insurance Company/AEGON USA. As CFO, Patten will lead Kingstone's finance organization and oversee various financial functions, including accounting, financial planning, and investor relations.

Title: Kingstone Companies Appoints Randy L. Patten as Chief Financial Officer

Kingstone Companies, Inc. (Nasdaq:KINS), a Northeast regional property and casualty insurance holding company, has appointed Randy L. Patten as Chief Financial Officer, effective August 25, 2025. Patten joins Kingstone from NEXT Insurance, where he played a key role in the company's recent acquisition by ERGO Group AG for $2.6 billion. He brings extensive finance experience in the insurance industry, including senior roles at United Fire Group and Transamerica Life Insurance Company/AEGON USA. As CFO, Patten will lead Kingstone's finance organization and oversee various financial functions, including accounting, financial planning, and investor relations.

Mr. Patten, who has a Bachelor of Arts in Accounting and Business Management degree from Central College, Iowa, is based in Iowa. He most recently served as Vice President, Chief Accounting Officer, and Treasurer at NEXT Insurance, where he also held the position of Chief Financial Officer for the company's U.S. insurance carrier subsidiary. Prior to NEXT Insurance, Patten spent nearly a decade at United Fire Group, Inc. (NASDAQ: UFCS), holding a progression of senior finance roles, including Interim Co-Chief Financial Officer, Controller, and Director of Investor Relations. Earlier in his career, he spent 15 years at Transamerica Life Insurance Company/AEGON USA (NYSE: AEG), holding a variety of financial leadership positions and responsibilities across U.S. GAAP, IFRS and statutory reporting, SEC compliance, and enterprise risk management.

In his new role at Kingstone, Mr. Patten will lead the finance organization, overseeing GAAP and Statutory accounting, financial planning and analysis, capital management, compliance, close coordination with the legal team for SEC filings, tax, investor relations, investments, and treasury functions. Meryl Golden, President and Chief Executive Officer of Kingstone, expressed her pleasure in welcoming Mr. Patten, stating, "With his strong financial background, deep insurance industry knowledge, extensive prior experience as a public-company finance leader, and robust understanding of capital raising and M&A matters, Mr. Patten will play a key role in providing strategic financial leadership as we pursue the next phase of Kingstone's growth in the coming years."

Mr. Patten shared his enthusiasm for joining Kingstone, noting, "I'm thrilled to join Kingstone at such an important time in the Company's evolution. The Company has achieved a remarkable turnaround over the last three years and is very well poised to further strengthen its market position through continued profitable growth. I look forward to working with the highly accomplished senior leadership team and the Board to support Kingstone's pursuit of its long-term goals."

References
[1] https://www.newswire.com/news/kingstone-appoints-randy-l-patten-as-chief-financial-officer
[2] https://seekingalpha.com/news/4478372-kingstone-names-randy-l-patten-as-cfo
[3] https://www.ncnewsonline.com/news/national/kingstone-appoints-randy-l-patten-as-chief-financial-officer/article_21c5ea85-9286-5e92-9c1b-688e705d19dd.html
[4] https://www.stocktitan.net/news/KINS/kingstone-appoints-randy-l-patten-as-chief-financial-0nhcvoxho125.html