Industry context: growth, profitability, and perception
Both Kin and Slide have been emblematic of Florida’s recent insurance rebound – newer entrants that scaled quickly as established carriers pulled back from hurricane-prone regions. Kin reported $118.6 million in written premiums in the first quarter of 2025, up 17 percent year over year, though it continues to post underwriting losses. Slide, meanwhile, has grown to more than 340,000 policies, reporting profits of more than $200 million in 2024.