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Thimble

Key facts

Cohort: Cohort 5, 2020 

Focus in insurance value chain/workflow: Point of underwriting   

Specific lines of business supported: SME   

Founded: 2015 

Status: Operating, still in insurance 

Company type: MGA 

Head office: USA 

Main global offices: USA 

Locations served: USA 

Employee count: 11-100 

Overview

Thimble is an MGA offering business insurance online in the US, covering a range of businesses such as contractors, landscapers, restaurants, and retail stores. 

Lab activity

Primary focus product area whilst in the Accelerator: Parametric I SMEs I Supply chain/NDBI 

In the Lloyd's Lab Accelerator, Thimble worked on developing a parametric business interruption insurance policy to protect small businesses from pandemics. Thimble obtained capacity from Tokio Marine Kiln and Renaissance Re. 

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