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NobleOak is an independent, multi-award winning Australian life insurer based in Sydney. As an APRA-regulated friendly society, NobleOak is able to manufacture, underwrite, administer and distribute life risk insurance products.
Following its demutualisation in 2011, NobleOak repositioned its business model, launching a direct-to-consumer life insurance product set. This strategy was underpinned by NobleOak's commitment to look after customers and offer high value, easy to understand and competitive life risk insurance products through a modern and intuitive digital platform. Since then, NobleOak has diversified the business by manufacturing white labelled tailored products for Strategic Partners. These products are mostly distributed to customers through advisers.
Today, NobleOak has over 60,000 active insurance policies, representing over $140 million of in-force premiums. Growth has been strong with in-force premiums growing at a compound annual growth rate (CAGR) of over 60% in the five years to December 2020. In the six months to 31 December 2020, NobleOak continued on its strong growth trajectory notwithstanding the continuing backdrop of transformation in the Australian life risk insurance industry and the COVID-19 pandemic.
It is anticipated that NOL will list on the ASX during July 2021.
www.nobleoak.com.au
Following its demutualisation in 2011, NobleOak repositioned its business model, launching a direct-to-consumer life insurance product set. This strategy was underpinned by NobleOak's commitment to look after customers and offer high value, easy to understand and competitive life risk insurance products through a modern and intuitive digital platform. Since then, NobleOak has diversified the business by manufacturing white labelled tailored products for Strategic Partners. These products are mostly distributed to customers through advisers.
Today, NobleOak has over 60,000 active insurance policies, representing over $140 million of in-force premiums. Growth has been strong with in-force premiums growing at a compound annual growth rate (CAGR) of over 60% in the five years to December 2020. In the six months to 31 December 2020, NobleOak continued on its strong growth trajectory notwithstanding the continuing backdrop of transformation in the Australian life risk insurance industry and the COVID-19 pandemic.
It is anticipated that NOL will list on the ASX during July 2021.
NobleOak | Award Winning Life Insurance & Income Protection
Protect you and your loved ones with cover from Australia's most awarded direct life insurer 5 years running from 2019 to 2023.
www.nobleoak.com.au
