SlideCompany is a technology-enabled home insurance provider that utilizes artificial intelligence and big data analytics to offer customizable coverage options tailored to individual homeowner needs. By focusing on flexibility and simplicity, Slide addresses the challenges of finding adequate insurance solutions while ensuring financial stability with a strong reinsurance program.
Funding
$740M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional homeowner's insurance often provides inflexible coverage options that may not adequately address the specific needs and budgets of individual homeowners. This can lead to either over- or under-insurance, leaving homeowners financially vulnerable or paying for unnecessary coverage.
Solution
Slide offers a technology-driven home insurance solution that leverages artificial intelligence and data analytics to provide customizable coverage tailored to individual homeowner needs. By offering flexible options, Slide allows homeowners to adjust coverage limits for various aspects of their property, such as additional living expenses, detached structures, jewelry, and hurricane screen enclosures. This approach ensures that homeowners can obtain adequate protection without paying for unnecessary features, while also providing financial stability through a robust reinsurance program.
Target Audience
Slide's primary customers are homeowners in Florida and South Carolina seeking flexible and customizable insurance coverage that aligns with their specific needs and financial situations.
Features
- Customizable coverage options for various aspects of a home, including additional living expenses, other structures, and valuables.
- Adjustable policy limits to match specific homeowner needs and budget.
- Financial stability backed by a Demotech Financial Stability Rating of "A" (Exceptional).
- A $1 billion reinsurance program exceeding regulatory requirements.
- Claims reporting via phone or online.
- Vendor referrals for emergency contractor services.