Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 12

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 12
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) coastal specialty markets

Coastal specialty markets with high population density and few insurance options are the main target for our business. Coastal
specialty zones, which we define as counties in the U.S. that border the Atlantic Ocean with significant hurricane risk, are often avoided or mispriced by our competitors. We believe that we have a superior underwriting model that allows us to scale
and grow profitability faster than our competition. We will continue to focus on writing personal residential policies within coastal specialty markets while adding complementary product lines where we believe we can effectively and profitably grow.
We plan to expand our geographical footprint and enter other coastal specialty markets where we believe the market opportunity is similar to Florida, while also expanding our product offerings and introducing new lines such as commercial residential
and E&S products. The commercial residential line of business in insurance refers to insurance products designed to protect businesses that own or operate residential properties. These properties can include apartment complexes, condominiums,
multi-family homes, and other types of residential units that are owned by corporations, property managers, or real estate investment companies. Relatedly, we recently acquired Pawtucket Insurance Company (“PIC”), a Rhode Island-domiciled
P&C insurance company, from a subsidiary of Heritage Insurance Holdings, Inc. PIC was placed in rehabilitation in May 2023, is currently inactive and has no policies in force or outstanding claims. The transaction received regulatory approval
from the Rhode Island Department of Business Regulation—Insurance Division in early 2025 and closed on February 6, 2025. We intend to re-domicile PIC to South Carolina and rename it Slide Specialty Insurance Company. The re-domiciliation of PIC
will require the approval of the South Carolina Department of Insurance, which is not expected to be received prior to the consummation of this offering.

In the E&S insurance market, insurance carriers are licensed on a “non-admitted” basis. The excess and surplus lines market
often offers insurance carriers more flexibility in terms, conditions and rates than does the admitted market. We believe this will allow us to leverage our deep underwriting and claims expertise while growing our profitable business and
increasingly diversify risks within our portfolio.

Maintaining a conservative investment portfolio

We complement our strong reserve position with a conservative investment portfolio overseen by BlackRock Investment Management, LLC
(“BlackRock”). Our portfolio is mainly comprised of cash and cash equivalents and investment-grade fixed maturity securities. Our fixed maturity securities together comprised 99% of our total investment portfolio as of March