General Information |
Business: |
(Incorporated in Delaware)
We provide property & casualty (P&C) insurance to underserved markets with high demand. Our major business is specialty P&C insurance for coastal residential properties.
Launched in 2021, we are a technology enabled, fast-growing, coastal specialty insurer. We focus on profitable underwriting of single family and condominium policies in the property and casualty (“P&C”) industry in coastal states along the Atlantic seaboard through our insurance subsidiary, Slide Insurance Company (“SIC”). We utilize our differentiated technology and data-driven approach to focus on market opportunities that are underserved by other insurance companies. We acquire policies both from inorganic block acquisitions and subsequent renewals, as well as new business sales through a combination of independent agents and our direct-to-consumer (“DTC”) channel, through which we sell our insurance products directly to end consumers, without the use of retailers, brokers, agents or other intermediaries. We do not depend on any one key product or product line within the coastal specialty homeowners insurance market. We control all aspects of our value chain, including technology, underwriting, actuarial, distribution, claims and risk management which allows us to maximize profitability while maintaining disciplined underwriting standards.
Our goal is to deliver long-term value for stockholders by focusing on underserved, coastal specialty markets where market capacity is limited and demand for insurance products is high.
Note: Net income and revenue are for the 12 months that ended March 31, 2025.
(Note: Slide Insurance filed its S-1 on May 23, 2025, for its IPO, without disclosing the terms. The estimated IPO proceeds are $100 million, a placeholder amount. Some IPO pros believe that Slide Insurance Holdings’ IPO could raise between $200 million and $300 million.)
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Industry: |
Insurance - Property & Casualty Insurance |
Employees: |
392 |
Founded: |
2021 |
Contact Information |
Address |
4221 W. Boy Scout Blvd. Suite 200 Tampa, Florida 33607 |
Phone Number |
(813) 748-2030 |
Web Address |
https://www.slideinsurance.com/ |
View Prospectus: |
Slide Insurance Holdings Inc. |
Financial Information |
Market Cap |
|
Revenues |
$929.28 mil (last 12 months) |
Net Income |
$238.92 mil (last 12 months) |
IPO Profile |
Symbol |
SLDE |
Exchange |
NASDAQ |
Shares (millions): |
0.0 |
Price range |
$0.00 - $0.00 |
Est. $ Volume |
$100.0 mil |
Manager / Joint Managers |
Barclays/Morgan Stanley |
CO-Managers |
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Expected To Trade: |
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Status:
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TBA |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |