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FT Partners Advises Thimble on its Sale to Arch Insurance

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