Full-Time
Direct-to-consumer homeowners insurance with customizable coverages
No salary listed
Tampa, FL, USA
In Person
Slide Insurance offers homeowners insurance focused on Florida and South Carolina, providing a range of customizable coverage options. It serves as a direct-to-consumer provider, allowing homeowners to select and purchase coverage online and file claims directly through the platform. The product works by combining a base homeowners policy with optional add-ons such as additional living expenses, jewelry coverage, hurricane screen enclosure, and water backup overflow, with premiums determined by the chosen coverages and limits. The company differentiates itself through its flexible, tailored coverage, straightforward online process, strong financial backing (Demotech Financial Stability Rating of A and a $1 billion reinsurance program), and emphasis on accessibility for homeowners. The goal is to deliver affordable, personalized protection that meets the needs and budgets of homeowners while maintaining the ability to pay claims even after large-scale disasters.
Company Size
201-500
Company Stage
IPO
Headquarters
Tampa, Florida
Founded
2021
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Slide Insurance director Robert Gries Jr. sold 56,424 shares indirectly for approximately $1.02 million on 17-18 March through GRM Family Limited Partnership, according to an SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 plan. Following the sale, Gries directly holds 843,804 shares and indirectly holds 1,974,841 shares in the property and casualty insurance company, which has a market capitalisation of $2.04 billion. Slide Insurance reported strong fundamentals for 2025, with revenue of $1.16 billion (up 36% year-over-year) and net income of $444 million (more than doubling). The company's combined ratio improved to 52.1%, indicating strong underwriting profitability, whilst gross premiums written reached $1.8 billion with policies in force approaching 500,000.
Slide Insurance Holdings reported fourth quarter 2025 results with gross premiums written growing 56.7% year-over-year to $618.5 million. Net income more than doubled to $170.4 million, or $1.23 per diluted share, compared to $75.1 million in the prior-year period. The combined ratio improved to 38.0% from 60.9%, driven by decreased hurricane and non-hurricane weather losses. Total policies in force reached 493,532 at period end. For full year 2025, gross premiums written increased 34.6% to $1.80 billion, whilst net income grew 120.7% to $444.0 million. The Tampa-based insurer expects 2026 gross written premiums between $1.85 billion and $1.95 billion, with net income ranging from $455 million to $470 million. Growth will be driven by organic expansion and selective opportunities in Florida.
Slide Insurance Company has priced its Purple Re Ltd. (Series 2026-1) catastrophe bond at $320 million, securing 28% more than its initial $250 million target. The multi-year collateralised named storm reinsurance was priced at a 6.5% risk interest spread, below the initial guidance range of 6.75% to 7.5%. This marks Slide's largest catastrophe bond to date. The three-year notes provide indemnity-triggered, per-occurrence reinsurance covering named storms across Florida, South Carolina, Rhode Island, New Jersey and New York, with primary exposure to Florida hurricanes. The issuance will increase Slide's outstanding cat bond risk capital to $980 million upon settlement. After $200 million in maturities before the 2026 hurricane season, Slide will enter the season with $780 million in catastrophe bond protection, the highest in the company's history.
Slide Raises $408 Million in IPO (Reuters) - Slide Insurance and some of its existing shareholders raised $408 million in an upsized initial public offering, the coastal specialty insurer said on June 17, signaling strong investor demand in a buoyant market for new listings.
Slide Insurance (SLDE) is set to open at $30, following its IPO priced at $17.