Company: SLDE
Filing Date: 2025-01-22
Form Type: DRS/A
Source: 0000950123-25-000502
Chunk: 12

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-01-22
Form: DRS/A
Chunk 12
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 our core strengths and profitably expand our market share.

Pursuing large scale, strategic policy acquisitions

Coastal specialty markets present advantageous opportunities for us to continue scaling our business
as the underwriting capacity in these markets has significantly declined in the past five years. As of December 31, 2023, Citizens Insurance had 1,228,718 policies-in-force, near its all-time high of
1.5 million policies which we believe will provide continuous growth opportunities for years to come. In addition, we have also successfully executed transactions with private insurers that are looking to exit or reduce their exposure. For
example, we executed transactions with Truck Insurance Exchange, United Property & Casualty Insurance Company and St. Johns Insurance Company.

Our scaled platform combined with our ability to use technology to bulk underwrite complex transactions provide us with an advantage over our
competitors in underwriting such policies. This has allowed us to grow quickly and profitably, with no exposure to legacy claims or liabilities and should continue to be a meaningful contributor of our ongoing growth.

Continuing to invest in proprietary technology that deepens our competitive advantage

Our AI powered insurance model leverages our proprietary large dataset and predictive underwriting analytics to manage risk, optimize
operations and improve profit margins. Our custom-built technology is at the core of our growth and underwriting strategy and enhances our ability to find profitable policies in our markets. We include prospective reinsurance costs and loss ratios
in our underwriting decisions to limit unexpected changes in rates and maintain profitability for each policy we write. We can analyze large datasets efficiently and quickly assess potential acquisition opportunities, making us a leading
counterparty for potential organic sales, takeouts and renewal transactions. We have demonstrated a unique ability to utilize our data and our advanced technology within niche coastal markets, giving us the ability to quickly respond to market
changes, while our core operating platforms allows us to move into new markets efficiently and without the complexity of burdensome systems. We believe our technological advantage positions us for profitable growth and expansion into additional
coastal specialty markets where we can establish a strong market position while focusing on growing profitably.

Expanding our presence in both admitted and excess & surplus (E&S) 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