Thimble provides on-demand insurance coverage for small businesses, allowing users to purchase policies online or via an app in minutes, without lengthy forms or hold times. The platform offers flexible options for coverage duration and payment, enabling businesses to easily adjust their insurance as their needs change.
Funding
$22M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
IFounders
Product
Problem
Small businesses often face challenges in obtaining flexible and affordable insurance coverage that aligns with their dynamic needs. Traditional insurance policies can be cumbersome, requiring lengthy applications and inflexible terms, making it difficult for businesses to adjust coverage as their projects and operations evolve.
Solution
Thimble provides on-demand insurance solutions tailored for small businesses, offering a quick and easy way to purchase policies online or through a mobile app. The platform allows users to obtain coverage in minutes, eliminating the need for extensive paperwork and prolonged waiting periods. Thimble's flexible policies enable businesses to select coverage durations that match specific project timelines, and scale their insurance as their business grows.
Target Audience
Thimble primarily targets small business owners, freelancers, and contractors who require flexible and short-term insurance coverage.
Features
- On-demand insurance policies available for purchase online or via a mobile app
- Flexible coverage options, including general liability, professional liability, and business equipment protection
- Scalable policies that can be adjusted by the job, month, or year
- Streamlined application process with minimal questions and instant quotes
- Ability to modify, pause, or cancel policies instantly as business needs change
- Business Owners Policy (BOP) that bundles general liability and commercial property insurance
- Cyber insurance to protect against cybercrimes