Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 6

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 6
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 $3 million and $7 million, consolidated combined ratio of 79.0% and 72.3% and net income of $87 million and $201 million respectively. As of December 31, 2024, we had total assets of $1.9 billion,
shareholders’ equity of approximately $433 million and tangible shareholders’ equity of approximately $423 million. For the year ended December 31, 2024, we had a return on equity of 60.0% and a return on tangible equity of
62.6%. See “Summary Consolidated Financial and Other Data” for an explanation of how we calculate return on tangible equity, and a reconciliation to return on equity, the most comparable financial metric prepared in accordance with
GAAP.

Our Products

We write several
homeowners’, condominium owners’, and commercial residential products in coastal specialty markets in Florida and South Carolina. As of December 31, 2024, 99.5% of our policies are concentrated in Florida, while 0.5% of our policies
are concentrated in South Carolina. Additionally, 74.4% of our policies are concentrated on the coasts of Florida and South Carolina, determined by the number of policies located in counties that border the Atlantic Ocean. We target coastal zones
with high population density and low underwriting capacity that are often ignored or mispriced by our competitors. Our experienced management team and proprietary technology allows us to profitably underwrite these markets in scale. Within our
target markets, we focus on policies with a higher level of premiums when compared to other insurers that write business in similar coastal specialty markets. This ensures that we maintain our profitability and remain disciplined as we continue to
grow our business.

Our Competitive Strengths

We believe that our competitive strengths include:

Expertise in coastal specialty markets

We believe coastal markets are more challenging to underwrite because of the complex underlying risk exposure, reinsurance costs and building
codes, thereby, leading many carriers to often misprice or avoid coastal risks altogether. Consequently, coastal specialty markets commonly have low underwriting capacity despite high population density. We believe the combination of these
characteristics creates a highly scalable, niche market where premium per policy and underwriting margins are attractive as long as the risk is appropriately priced. Our proprietary dataset, underwriting technology and experienced management
team help us to better underwrite coastal specialty properties.

Superior underwriting technology

We believe that traditional insurers use an ineffective, retrospective approach to underwriting that often results in poor