Company: SLDE
Filing Date: 2025-05-23
Form Type: S-1
Source: 0001193125-25-125836
Chunk: 168

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-05-23
Form: S-1
Chunk 168
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429 |     |           | 150,025 |     |       | 5.090% |
| Special Revenue                           |     |                         | 106,681 |     |            |   527 |     |            |   -622 |     |           | 106,586 |     |       | 4.687% |
| Political subdivisions                    |     |                         |  23,061 |     |            |   187 |     |            |   -151 |     |           |  23,097 |     |       | 4.473% |
| Hybrid securities                         |     |                         |   1,754 |     |            |     — |     |            |     -1 |     |           |   1,753 |     |       | 4.977% |
| Total                                     |     | $                       | 464,585 |     | $          | 2,553 |     | $          | -2,172 |     | $         | 464,966 |     |       |        |

Competition In general, the P&C insurance market is highly competitive, and we face competition from national and regional insurers. For example, in Florida, more than 350 companies are authorized to underwrite homeowners insurance. Some of our competitors have greater financial, marketing and management resources and experience than we do. However, we believe we have a significant technological advantage that allows us to assess, manage and price risk for individual and bulk policy acquisitions. Our technology is built to estimate future costs of policies and compare it back to our base rates to better understand profitability in real time on an individual risk basis and to assess large and/or bulk transactions. This technology permits us to only select policies that we believe to be profitable based on future reinsurance and AOP costs. We may also compete with new market entrants in the future. Competition is based on many factors, including the reputation and experience of the insurer, coverages and services offered, pricing and other terms and conditions, speed of claims payment, customer service, relationships with brokers and agents (including ease of doing business, service provided and commission rates paid), size and financial strength ratings, among other considerations. Ratings Our insurance subsidiary is eligible to be rated by a third-party rating agency, Demotech, Inc. (“Demotech”). Demotech’s rating process provides an objective baseline for assessing the solvency of an insurer which in turn provides insight into changes in an insurer’s financial stability. Our insurance subsidiary has