Slide Insurance, a coastal property insurer, made its Nasdaq debut on June 18, 2025, under the ticker symbol $SLDE. The company raised $408 million in its initial public offering, securing a valuation of $2.62 billion. Shares of Slide Insurance surged nearly 24% on their first day of trading, marking the largest insurance IPO of the year amid a recovering public market. The company aims to revolutionize property insurance by offering tailored coverage options for homeowners. Co-founders Bruce and Shannon Lucas highlighted the company’s commitment to innovation and customer focus during the Nasdaq Opening and Closing Bell ceremonies. Additionally, Carlisle Companies ($CAI) was welcomed to Nasdaq and began trading on the same day.
Slide Insurance secured a valuation of $2.62 billion after its shares gained nearly 24% in their Nasdaq debut on Wednesday after closing the biggest insurance listing this year, as public markets steadily recover. https://t.co/zncsD3c8a9
"Not only are we a next generation insurance company, but we are a company with heart." 💙 🎤 Bruce and Shannon Lucas, co-founders of Slide Insurance, take the @NasdaqExchange podium on IPO day. https://t.co/HwArjwJMeb
🏠 Your insurance. Your terms. 🤖 Slide Insurance is on a mission to revolutionize every facet of property insurance. 🎉 Proud to celebrate this milestone with you, $SLDE! 🛝 https://t.co/W5v4EEZoqY