Overview of Transaction

• On April 11, 2023, Arch Insurance announced it had acquired Thimble
• Thimble is a leading InsurTech platform helping small businesses acquire general and professional liability, business equipment, commercial property and other types of insurance coverage via a proprietary digital platform
• Thimble works with a variety of carriers including Markel and Employers to bring the best digital insurance solutions to small businesses, brokers and agents
• Arch Insurance North America is part of Arch Capital Group (Nasdaq: ACGL) which provides insurance, reinsurance and mortgage insurance globally

Significance of Transaction

• The acquisition expands Arch’s suite of digital solutions for small business customers and brokers
• Since May 2018, Thimble has delivered more than 170,000 policies to small businesses across the US

FT Partners' Role

• FT Partners served as the exclusive strategic and financial advisor to Thimble
• This transaction highlights FT Partners’ deep domain expertise and successful track record in the InsurTech space