Third Point Reinsurance Ltd. has entered into a relationship with Noblr Inc. through a combination of a minority equity investment and reinsurance, the company announced.
Terms of the deal weren’t disclosed.
San Francisco, Calif.-based Noblr is a technology-driven company co-founded by Gary Tolman and Jason Foucher to create an insurance product that leverages telematics and actuarial data to give drivers feedback and real-time rates based on driving behavior.
Noblr’s initial focus is on personal auto insurance in the U.S., having recently launched in Colorado.
Third Point Reinsurance is a public company listed on the New York Stock Exchange, which through its wholly owned subsidiaries writes property/casualty reinsurance business.
Topics California Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
World’s Growing Civil Unrest Has an Insurance Sting 
Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders? 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Portugal Deadly Floods Force Evacuations, Collapse Main Highway 
