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Stable Insurance
Information by Research Trustfinance
Founded in 2019, Stable Insurance aimed to modernize commercial auto insurance for the gig economy. The company developed a platform that used telematics data to offer flexible, usage-based insurance policies to owners of vehicle fleets used for services like Uber, Lyft, and DoorDash. This model tied insurance costs directly to vehicle usage, providing a more tailored solution than traditional flat-rate policies. In January 2023, the insurtech company REIN announced it had acquired Stable's technology, team, and brand assets, and Stable ceased to operate as an independent entity.
United States
Industry
Financial
HQ Location