Latest news with #ShannonLucas
Globe and Mail
a day ago
- Business
- Globe and Mail
UPDATE: Slide to Report Second Quarter 2025 Results on Tuesday, August 12, 2025
TAMPA, Fla., July 28, 2025 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. ('Slide') (Nasdaq: SLDE) today announced it will release its second quarter 2025 financial results after the stock market closes on Tuesday, August 12, 2025. Slide will hold a conference call to discuss financial results at 5 pm Eastern Time on that day. The dial-in number for the conference call is (877) 407-9208 (toll-free) or (201) 493-6784 (international). Please dial the number 10 minutes prior to the scheduled start time. A live webcast of the conference call will also be available at A webcast replay of the call will be available at for one year following the call. About Slide Slide is a technology-enabled insurance company that makes it easy for homeowners to choose the right coverage for their unique needs and budgets. Slide's cutting-edge technology leverages artificial intelligence and big data to optimize and streamline every part of the insurance process. Based in Tampa, FL, Slide was founded by Bruce and Shannon Lucas, insurance insiders with a deep understanding of how technology can be applied to achieve better underwriting outcomes. For more information, please visit Contacts Investors ir@
Fast Company
25-06-2025
- Business
- Fast Company
How to create a workplace where changemakers thrive
Innovation doesn't happen in silos: it happens in systems. And yet many companies still rely on lone heroes to ignite transformation. They recruit visionary thinkers, celebrate bold ideas, and preach agility, but beneath the surface, their structures reward predictability and punish deviation. As a result, the very people most capable of driving innovation—fast-moving, future-oriented changemakers known as catalysts—are often left isolated, misunderstood, and burned out. Catalysts ignite possibilities. They challenge the status quo, connect seemingly unrelated dots, and accelerate momentum. But they don't thrive in traditional organizational ecosystems because they threaten bureaucracy, resist incrementalism, and without support, they either burn out or leave. According to Gallup, just 21% of employees strongly agree that they can take risks at work without fear of negative consequences. As Shannon Lucas and Tracey Lovejoy explain in their book Move Fast. Break Shit. Burn Out., these workers often struggle with intense isolation and exhaustion not because they aren't capable, but because the system isn't designed for them to succeed. To unlock sustainable innovation, organizations must evolve from celebrating individual disruptors to cultivating ecosystems where diverse changemakers—catalysts, stabilizers, implementers—can thrive together. This isn't a culture tweak. It's a systems redesign. The 4 Layers of a Catalyst Ecosystem Shannon and I have seen how catalytic energy can drive exponential growth if the right conditions exist. This framework outlines the four interdependent layers that support thriving catalyst ecosystems. 1. Identification: Spot the Sparks Catalysts don't always stand out on paper. They're often the ones asking provocative questions in meetings, proposing ideas that seem off-script, or moving faster than the rest of the system. But without intentional practices, these traits can be seen as disruptive rather than visionary. To find them, leaders must look beyond the org chart. Psychometric assessments, cross-functional feedback, and structured self-discovery tools can help you to illuminate hidden change agents at every level in your organization. You can also train managers to spot curiosity, systems thinking, and pattern recognition. In her work with large organizations, Shannon uses her company's Catalyst Assessment Tool to uncover innate changemakers hidden throughout the business. This often-overlooked talent is frequently underutilized. At one company, 60% of the employees identified as catalysts were previously considered 'hidden talent' by the C-suite—and they went on to solve some of the organization's most pressing challenges. 2. Integration: Design for Complementarity Once identified, catalysts need more than autonomy. They need meaningful integration with the broader system. Pairing them with stabilizers (who bring operational excellence) and implementers (who drive execution) creates cross-functional 'change pods' that balance energy, tempo, and sustainability. In my work facilitating story-based leadership circles, catalysts often emerge through narratives of disruption, such as career pivots, reinventions, and vision quests. However, their breakthroughs become organizational breakthroughs only when they are translated into a shared purpose. This requires redesigned team norms: tempo-matching, structured conflict mediation, and deep respect for different working styles. Catalysts are the spark, but the team is the engine—and the organization is the road they need to travel together. 3. Protection: Shield the Flame A large amount of pressure to innovate without adequate support is a recipe for burnout. According to Deloitte, innovation-driven employees are 2.5x more likely to leave if they lack proper support systems. Catalysts in particular are prone to emotional exhaustion, especially when their efforts are blocked by bureaucracy or misunderstood by leadership. Organizations must build containers that buffer catalytic energy. This means establishing sponsorship structures, recovery protocols (such as off-cycle sabbaticals or reflective retreats), and psychological safety as a norm. This could include internal coaching circles, energy mapping, or check-in rituals that normalize emotional processing. Investing in resilience practices isn't a perk; it's a prerequisite for sustainable change. 4. Amplification: Scale the Spark Catalysts can't just be unleashed; they must be amplified. Invite them to inform strategic offsites, facilitate internal labs, or lead cross-functional storytelling initiatives. Establish formal channels, like 'Catalyst Councils,' to elevate their insights into enterprise-level planning. Codify what they learn. Translate their experiments into onboarding content and playbooks. Make space for them to coach emerging catalysts in the system. When you treat catalysts not as rogue actors but as cultural accelerants, their energy becomes contagious. In a Catalyst program with a large healthcare organization, Shannon worked with the team to identify, train, and activate catalysts from across the business. The program participants were given the most pressing strategic initiatives to tackle. In just 16 weeks, the Catalyst participants helped the company reduce reimbursement times from eight weeks to just two days, a 96% improvement, driving significant gains in both customer and employee satisfaction. Additionally, the organization reported a 24% improvement in change leadership capabilities across the enterprise. This is the power you can unleash and amplify by engaging your catalysts. Innovation isn't a solo act; it's an emergent phenomenon. It happens when diverse roles, energies, and mindsets interact in the right environment. That means building systems that reward exploration, reframe conflict, and move ideas from the margins to the center. The future won't be led by lone geniuses. It will be shaped by ecosystems that can accommodate differences, adapt rapidly, and nurture catalytic energy over the long arc of change. Don't wait for a crisis to value your changemakers: Design for them now, and your organization won't just survive change—it will shape it. The next time someone in your organization brings an idea that feels risky or 'too soon,' pause before you dismiss it. Ask: What if this is the spark we've been waiting for, and how might we build the right conditions to let it burn bright?
Yahoo
19-06-2025
- Business
- Yahoo
Slide Insurance IPO: Stock price will be closely watched today as insurtech firm debuts on the Nasdaq
Slide Insurance Holdings is set to debut on the Nasdaq today. The residential insurance company out of Florida will make its initial public offering for $17 per share. Here's everything you need to know about Slide's IPO. Housing market weakness triggers Lennar to offer biggest incentives since 2009 The Trump administration is trying to bring back asbestos How one company is revolutionizing the way we use everyday water Slide is a 'technology-enabled' insurance company for homeowners. Bruce and Shannon Lucas launched Slide in 2022 with coverage options for home, condo, and commercial residential owners. The coastal company has over 5,000 agents across Florida and South Carolina. Slide announced its share price on Tuesday and should list its stock today, Wednesday, June 18. The offer is expected to close two days later, on Friday, June 20. Slide's slock will have the ticker SLDE. Slide will trade its shares on the Nasdaq Global Select Market. Slide's IPO price is $17 per share. That's at the higher end of an estimated target range it announced earlier this month. There will be 24 million shares of SLDE released as part of the IPO. Slide is providing 16,666,667 of these shares, while stockholders are selling the remaining 7,333,333 shares. These selling stockholders are also granting underwriters 30 days to purchase another 3.6 million shares. Slide should receive $283 million in its IPO. According to a filing with the Securities and Exchange Commission (SEC), Slide's total revenue for 2024 increased to $846.8 million, from $468.5 million in 2023. It continues to grow, reporting $281.5 million in revenue for the first quarter of 2025, compared to $199.1 million for the same period in the year prior. The company reported net income of $201 million last year, up from $87 million in 2023. Despite the current economic turmoil, many companies are still proceeding with IPOs—and finding success. Fintech companies Chime Financial and Circle Internet Group had positive results after debuting this month on the Nasdaq and the New York Stock Exchange, respectively. Each saw their stock shoot up to well above their IPO price, a positive sign for upcoming offerings like Slide. This post originally appeared at to get the Fast Company newsletter: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fast Company
18-06-2025
- Business
- Fast Company
Slide Insurance IPO: Stock price will be closely watched today as insurtech firm debuts on the Nasdaq
Slide Insurance Holdings is set to debut on the Nasdaq today. The residential insurance company out of Florida will make its initial public offering for $17 per share. Here's everything you need to know about Slide's IPO. What is Slide? Slide is a 'technology-enabled' insurance company for homeowners. Bruce and Shannon Lucas launched Slide in 2022 with coverage options for home, condo, and commercial residential owners. The coastal company has over 5,000 agents across Florida and South Carolina. When is Slide's IPO? Slide announced its share price on Tuesday and should list its stock today, Wednesday, June 18. The offer is expected to close two days later, on Friday, June 20. What is Slide's stock ticker? Slide's slock will have the ticker SLDE. Which exchange will Slide's shares trade on? Slide will trade its shares on the Nasdaq Global Select Market. What is the IPO share price of Slide? Slide's IPO price is $17 per share. That's at the higher end of an estimated target range it announced earlier this month. How many Slide shares are available in its IPO? There will be 24 million shares of SLDE released as part of the IPO. Slide is providing 16,666,667 of these shares, while stockholders are selling the remaining 7,333,333 shares. These selling stockholders are also granting underwriters 30 days to purchase another 3.6 million shares. How much will Slide raise in its IPO? Slide should receive $283 million in its IPO. Is Slide profitable? According to a filing with the Securities and Exchange Commission (SEC), Slide's total revenue for 2024 increased to $846.8 million, from $468.5 million in 2023. It continues to grow, reporting $281.5 million in revenue for the first quarter of 2025, compared to $199.1 million for the same period in the year prior. The company reported net income of $201 million last year, up from $87 million in 2023. What else is there to know? Despite the current economic turmoil, many companies are still proceeding with IPOs—and finding success. Fintech companies Chime Financial and Circle Internet Group had positive results after debuting this month on the Nasdaq and the New York Stock Exchange, respectively. Each saw their stock shoot up to well above their IPO price, a positive sign for upcoming offerings like Slide.
Yahoo
10-06-2025
- Business
- Yahoo
Slide Insurance launches IPO to raise up to $340m
Slide Insurance Holdings has announced its initial public offering (IPO) in the US, aiming to raise up to $340m. In its press statement, the company said it will be offering 20 million shares of common stock priced between $15 and $17 each. Slide will sell 16.67 million shares, while certain selling shareholders will offer 3.33 million. The shares are set to trade on the Nasdaq Global Select Market under the ticker SLDE. The IPO could value Slide at up to $2.12bn, according to Bloomberg and Reuters. Slide was founded in 2021 by Bruce and Shannon Lucas. It is a technology-enabled insurer focusing on underwriting single-family and condominium policies in coastal states along the Atlantic seaboard. The company's business model includes acquiring policies through block acquisitions and renewals, as well as generating new business through independent agents and a direct-to-consumer channel. This approach allows Slide Insurance to sell its products directly to consumers, bypassing other intermediaries, the company said in the filing last month. In the first quarter of 2025 (Q1 2025), Slide Insurance reported net income of $92.5m, an increase from $54.7m in the same quarter the previous year. The company's total revenue for the quarter rose to $281.5m, up from $199.1m in Q1 2024. Gross written premiums reached $278.2m in Q1 2025, compared with $244.6m the prior year. Barclays and Morgan Stanley are leading the IPO, with Citizens Capital Markets, Keefe, Bruyette & Woods, and Piper Sandler as co-managers, as per the press release. "Slide Insurance launches IPO to raise up to $340m " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
