Tampa firm to pick up nearly 90,000 Farmers Insurance policies

Tampa-based Slide Insurance, an insurtech company providing homeowners coverage, says it has acquired renewal rights for 86,000 Florida homeowners insurance policies from Farmers Insurance.

The transaction does not include Farmers Insurance renters, auto or umbrella policies. Financial details of the deal were not disclosed in a Friday news release.

Slide is a homeowners insurtech firm that says it uses "cutting-edge technology" to leverage artificial intelligence and big data to "hyper-personalize, optimize and streamline every part of the insurance process."