Slide Insurance
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| ISIN | 🆔 |
|---|---|
| Industry | Financial services |
| Founded 📆 | 2021 |
| Founder 👔 | Bruce Lucas, Shannon Lucas |
| Headquarters 🏙️ | , Tampa, Florida |
Area served 🗺️ | |
| Services | Homeowners Insurance, Landlord / Seasonal Property Insurance , Condominium Insurance |
| Members | |
Number of employees | |
| 🌐 Website | slideinsurance |
| 📇 Address | |
| 📞 telephone | |
Slide Insurance is an American full-stack insurtech focused on homeowners insurance based in Tampa, Florida.[1][2]
Overview[edit]
Slide Insurance was founded in 2021 by Bruce Lucas and Shannon Lucas.[2] It provides homeowners insurance across Florida and coastal South Carolina.[1] In the founding year, the company raised $100 million in Series A funding.[3][4]
Slide acquired UPC’s intellectual property and a dataset of over $1 trillion Total Insured Value (TIV).[5] In addition, it acquired the renewal rights to over 91,000 Florida homeowner’s policies from UPC Insurance, representing $272 million in annual premiums.[6]. The previous year, Slide Insurance acquired $400 million worth of premiums from Orlando-based St. Johns Insurance.[7][8] In October of 2023, Slide Insurance acquired the renewal rights for 86,000 home insurance policies in Florida from Farmers Insurance.[9][10]
References[edit]
- ↑ 1.0 1.1 Sacks, Brianna (2023-12-30). "How 'cherry-picking' policies let one insurer win big in Florida's insurance crisis". The Washington Post. Retrieved 2024-03-19. Unknown parameter
|url-status=ignored (help) - ↑ 2.0 2.1 Evans, Steve (2023-08-01). "Slide approved for perhaps largest Florida Citizens takeout ever: CEO Bruce Lucas - Artemis.bm". Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management site. Retrieved 2024-03-19.
- ↑ Baker, Katie (2021-11-22). "Slide raises $100mn in Series A funding round - Reinsurance News". ReinsuranceNe.ws. Retrieved 2024-03-19.
- ↑ admin (2021-11-22). "Insurtech Slide Closes $100M Fundraising Round". Insurance Journal. Retrieved 2024-03-19.
- ↑ "Slide swoops for UPC's Florida renewal rights and IP". www.insurancebusinessmag.com. Retrieved 2024-03-19.
- ↑ "Florida insolvencies to continue, but Slide sees "real opportunity"– CEO". www.insurancebusinessmag.com. Retrieved 2024-03-19.
- ↑ None (2022-03-01). "Slide's Lucas: $400mn St Johns book can be profitable in year one". The Insurer. Retrieved 2024-03-19.
- ↑ "Tampa insurtech startup acquires $400M in premiums from defunct company". Business Observer. 2022-03-01. Retrieved 2024-03-19.
- ↑ October 16, Steve Hallo |; AM, 2023 at 09:10. "Slide acquires renewal rights for 86K Farmers' home policies in Florida". PropertyCasualty360. Retrieved 2024-03-19.
- ↑ Willard, Jack (2023-10-13). "Slide acquires renewal rights for 86,000 Farmers Insurance Homeowners Policies in Florida - Reinsurance News". ReinsuranceNe.ws. Retrieved 2024-03-19.
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