Slide Insurance Completes Reinsurance Program Ahead of Hurricane Season

Slide Insurance completes $1.86 billion reinsurance program ahead of hurricane season, offering comprehensive coverage and third-event protection. Founder Bruce Lucas emphasizes stability in Florida market and gratitude towards reinsurance partners. Pricing finalized for $210 million catastrophe bond to enhance protection against named storms and hurricanes in Florida and South Carolina. Company maintains ‘A’ rating and utilizes AI and big data for insurance optimization.