Tampa insurtech startup acquires $400M in premiums from defunct company

Slide pounces on St. Johns Insurance Co.'s portfolio of homeowners, condo and landlord insurance policies.

  • By Business Observer Staff
  • | 10:38 a.m. March 1, 2022
File. Slide founder and CEO Bruce Lucas.
File. Slide founder and CEO Bruce Lucas.
  • Tampa Bay-Lakeland
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TAMPA — Slide, an insurtech startup that quickly raised $100 million in seed capital, has acquired $400 million worth of premiums from Orlando-based St. Johns Insurance Co., which recently ceased operations after a ratings agency downgraded it.

 

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