Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 147

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 147
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 activity in claims. We continue to research, test and pilot the use of machine learning and artificial intelligence to flag early indications of fraud and the potential for litigation.

In addition to the streamlined claims management system, we use enterprise-wide data management to create a data-driven claims life cycle. We
aim to determine relationships between similar claims and outcomes and utilize predictive analytics from the data to triage, assign, investigate and evaluate claims. The use of our historical dataset with this real-time business intelligence
platform provides the claims team information and performance metrics that drives improvement in efficiency, accuracy and response time and helps to avoid litigation.

99

Distribution

We market and write insurance policies through two channels: our independent agents and DTC. We are an agency-focused company and pride
ourselves on our ability to provide superior customer service to both our agents and policyholders. Our management and underwriting teams have strong and well-established relationships with our distribution partners. We look to recruit independent
agents through these strong relationships alongside cooperative efforts with the various states’ agent associations, and by seeking contracts with agencies currently placing significant volume with Citizens, to the extent those agents are
willing to accept new appointments.

Our agents provide us with valuable input regarding market needs through agency visits, strategy
meetings and feedback sessions. We provide our agents with extensive training in the use of our agency portal, product offerings, underwriting requirements and exposure management efforts. We believe that Violet, our proprietary underwriting system,
allows our agents to quickly bind a policy within minutes, which helps to drive improved quote and bind ratios. Most of the increased speed and efficiency of Violet is driven by process automation that automatically pulls risk characteristics, claim
history and other required data points, versus legacy systems in the insurance industry that require agents to manually input quoting data. Violet’s efficiency and speed makes it a preferred choice for our agents. We launched Violet to a small
number of agencies in September of 2023 and to all Florida agencies on January 29, 2024. In our first full month with Violet, we saw a total quote volume of over 89,000 quotes.

In addition to our independent agent distribution network, we are also focused on building out DTC distribution channel given the usefulness
of this channel in the long-term. Our current strategy is focused on low-cost customer acquisition through embedded relationships with mortgage bankers and building trade organizations, among other low-cost channels. As we continue to scale our operations, we anticipate that our DTC distribution will continue to scale and focus on accretive