Slide Insurance
 | The topic of this article may not meet Wikitia's general notability guideline. |
| Industry | Financial services |
|---|---|
| Founded | 2021 |
| Founder | Bruce Lucas, Shannon Lucas |
| Headquarters | Tampa, Florida |
| Services | Homeowners Insurance, Landlord / Seasonal Property Insurance , Condominium Insurance |
| Website | slideinsurance |
Slide Insurance is an American full-stack insurtech focused on homeowners insurance based in Tampa, Florida.[1][2]
Overview
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
- ↑ 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.
{{cite news}}: CS1 maint: url-status (link) - ↑ 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.
External links
This article "Slide Insurance" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.