Throughout its history, Nobel has delivered on its promise to
provide a quality insurance program focused on meeting the
needs of the commercial explosives industry.

Like many segments of the U.S. economy in the mid-1970s, the commercial explosives industry was struggling to find insurance from the standard market or even the surplus lines market at supportable prices.  Recognizing the need, a group of Atlas Powder distributors came together to form a captive reinsurance company in Bermuda to deal with the issue.  Nobel Insurance was incorporated in Bermuda in December of 1978 and began operations January 1, 1979.

Time Tested

From our earliest days, we wanted to be more than just another insurance provider. We wanted to build a company that we could be proud of. It was about becoming a long-term trusted ally, providing financial security and stability for our customers’ futures.

Today, we are pleased to say that we have achieved our goals, having earned respect, loyalty and friends along the way. We are very proud of everything Nobel Insurance Services stands for, and our time-tested relationships throughout the commercial explosives community stand as a testament to our core beliefs.

Our Financial Strength

Nobel is a product of Lancer Insurance Company, a leading provider of premier specialty insurance solutions to U.S. businesses and commercial transportation companies. Lancer has an A (Excellent) rating for financial strength and stability from AM Best, one of the most recognized rating systems in the insurance industry (Rating Status as of 8/28/24). So, you can feel confident knowing that we will be there to meet our financial obligations, and help you meet yours.

In 2021, Lancer became a division of Core Specialty Insurance Holdings, Inc., which offers a diversified range of property and casualty insurance products for small to mid-sized businesses. Focusing on niche markets, local distribution, and superior underwriting knowledge, Core Specialty provides traditional, as well as innovative, insurance solutions to meet the needs of its customers and brokers.