Data-driven insurer continues to disrupt troubled industry

As it enters its second full year in business, Slide Insurance shows no sign of deviating from its aggressive strategy of acquiring policies from struggling rivals.


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  • | 8:00 a.m. April 1, 2023
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Slide Insurance has thrived under the leadership of Bruce Lucas, who founded the data-driven insurtech firm in 2021.
Slide Insurance has thrived under the leadership of Bruce Lucas, who founded the data-driven insurtech firm in 2021.
Mark Wemple
  • Insurance
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In February, Tampa-based Slide Insurance grew by nearly $300 million in annual premiums, absorbing more than 91,000 policies from St. Petersburg-based UPC Insurance, a property insurance firm that got hit hard by Hurricane Ian-related damage claims. 

Slide also announced  it will accept new business, making it the first Florida-based insurer to do so in 2023, as the industry struggles to rebound from last year’s hurricane-related losses and the state Legislature grapples with sky-high attorney fees and frivolous lawsuits.

 

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