M&A Deal Summary

Arch Insurance Group Acquires Thimble

On April 11, 2023, Arch Insurance Group acquired insurance company Thimble

Acquisition Highlights

This is Arch Insurance Group’s 2nd transaction in the Insurance sector.
This is Arch Insurance Group’s 2nd transaction in the United States.
This is Arch Insurance Group’s 1st transaction in New York.

M&A Deal Summary
Date	2023-04-11
Target	Thimble
Sector	Insurance
Buyer(s)	Arch Insurance Group
Deal Type	Add-on Acquisition

Target

Thimble

New York, New York, United States

Thimble is an insurtech platform for small business customers and agents. The company enables small businesses to quickly get insurance coverage by the job, month, or year using its award-winning app, website, or over the phone. Thimble helps small businesses acquire general and professional liability, business equipment, commercial property, and other types of insurance coverage via a proprietary digital platform. It works with a variety of carriers to bring the best digital insurance solutions to small businesses, brokers, and agents. Thimble is based in New York, New York.

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