San Francisco-based insurtech Noblr is using its proprietary, real-time telematics technology to reduce premiums for drivers with good driving behaviour. Hedge fund-backed reinsurer The company has developed a system that uses the car’s sensors and cameras to detect when an individual driver is about to make a mistake. The company, which rolled out its service in Colorado in June, is initially focusing on the US personal auto insurance market. Noblr recently partnered with reinsurer Third Point Re.
San Francisco-based insurtech Noblr is using its proprietary, real-time telematics technology to reduce premiums for drivers with good driving behaviour. The company has developed a system that uses the car’s sensors and cameras to detect when an individual driver is about to make a mistake. The company, which rolled out its service in Colorado in June, is initially focusing on the US personal auto insurance market. Noblr recently partnered with reinsurer Third Point Re.