# Stable

Stable is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** stable-app.com
- **LinkedIn:** https://www.linkedin.com/company/0xstabler

## About

Stable is an SEC-registered investment adviser in NEW YORK, NY, registered since 2020. The firm manages $4.6 billion in assets, with $4.0 billion on a discretionary basis. It has 21 employees and 8 investment advisers.

## Sectors

- InsurTech
- AgriTech & FoodTech

## People

- Richard Counsell — Co-founder & CEO
- Richie Power — Co-founder

## Questions

### How does Stable's insurance product differ from traditional crop insurance?

Stable writes parametric policies tied to publicly reported commodity price indices rather than indemnifying physical crop loss. When a farmer's local cash price for corn or soybeans falls below a preset floor, the policy pays automatically without a claims adjuster visiting the field. This covers revenue risk that multi-peril crop insurance does not address, specifically the margin between input costs and output prices.

### Who bears the underwriting risk on Stable's policies?

Stable operates as a coverholder at Lloyd's of London, meaning the risk is predominantly borne by Lloyd's syndicates and other reinsurance partners. Stable itself is not a balance-sheet insurer holding large reserves. The firm earns a commission and technology fee on placed policies while ceding the actuarial risk to its capacity providers.

### What commodities does Stable currently cover?

Stable underwrites parametric price-protection policies for over 15 commodity indices as of 2024, including corn, soybeans, wheat, and dairy. The firm has publicly indicated it is expanding into additional soft commodities and proteins as it builds out capacity with Lloyd's syndicates.

### How does Stable source clients, and who are its typical policyholders?

The firm distributes through agricultural lenders, grain elevators, input suppliers, and directly to large food brands. Policyholders range from row-crop farmers in the US Midwest to dairy cooperatives in Australia and food manufacturers hedging input costs. Embedding the product into procurement and financing workflows is a core distribution strategy.

## Related profiles

- [Central Fund of Canada](https://altss.com/profile/central-fund-of-canada)
- [Thriivo Capital](https://altss.com/profile/thriivo-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/stabler

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology