• 2010

Company Description

Provides financial services that can effectively hedge your weather-related risk and create more certainty in your budget.

Nobel Weather Associates was invented by Bill Noyes, a veteran futures trader who retired after 25 years of trading on the Chicago Board of Trade. During his retirement, Bill developed the idea to commercially hedge companies weather while running a regional snow removal company in the metropolitan Chicago area. Bill discovered that many of his snow removal customers struggled with the unpredictable expense levels associated with traditional plowing contracts and service. He realized that commercial hedging contracts could be formulated to address this problem and began selling the snow removal expense hedge to his snow removal customers.