Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 144

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 144
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 gross premiums written of $480 million and $875 million,
policy fees of $2 million and $3 million, consolidated combined ratio of 89.6% and 78.9% and net income of $22 million and $87 million respectively. As of December 31, 2023, we had total assets of $1.1 billion,
shareholders’ equity of $238 million and tangible shareholders’ equity of $219 million. For the year ended December 31, 2023, we had a return on equity of 46.9% and a return on tangible equity of 53.2%.

Underwriting

We believe our proprietary
technology, disciplined underwriting standards and highly technical underwriting talent allow us to make better underwriting decisions that generate higher margins for our business. Our underwriting strategy is focused on leveraging our $6 trillion
TIV policy level data repository, cutting edge process automation, predictive analytics and aerial imagery to make dynamic underwriting decisions and generate consistently strong risk-adjusted returns across market cycles. We believe that
traditional markets inefficiently and inaccurately underwrite coastal specialty risks without properly considering potential future losses and reinsurance costs. We believe our underwriting technology allows us to assess the future cost of each
policy more accurately, which enables us to focus on profitable growth opportunities often overlooked or mispriced by our competitors.

As of December 31, 2023, our underwriting team consisted of ten underwriters and is led by a committee of senior leaders, including the
Chief Executive Officer, Chief Risk Officer, Chief Financial Officer and Senior Vice President of Risk Management. Our underwriting team is highly knowledgeable, experienced and has deep relationships with key constituents within our core markets.
This team is supervised by our Underwriting Advisory Counsel, which consists eleven senior leaders, including our Chief Executive Officer, Chief Operating Officer, Chief Risk Officer, Chief Financial Officer, Chief Accounting Officer, Chief
Marketing Officer and the Senior Vice Presidents and Vice Presidents of our Underwriting, Risk Management, Data Analytics, Operations and Sales departments. The Underwriting Advisory Counsel has over 200 years of industry experience in the
aggregate. Each member of our Underwriting Advisory Counsel have employment agreements and compensation packages in place intended to keep them employed at Slide for the long-term. However, if an individual in
the Underwriting Advisory Counsel were to leave the Company, we believe the rest of our team has sufficient experience and knowledge to cover any potential gaps left by that individual’s departure. We amplify this expertise with advanced
technology and