(Image source: Thimble homepage.)
Thimble, a New York-based startup insurance distributor providing hourly policies for smaller SMBs and gig workers, has launched a new Event Liability Insurance product. Thimble says policy will be available to customers through a modern, thoughtfully designed app and web product.
Event Insurance protects business owners from the financial impact of risks associated with organizing or participating in a special event, including third-party bodily injury, property damage and liquor liability. Thimble’s Event Insurance is applicable to both small businesses and individuals interested in hosting an event. This includes weddings, musical performances, conventions, baby showers, corporate events, parties and much more. Quotes can be obtained in minutes at Thimble.com and through the company’s app, according to Thimble. The policy covers events that run from an hour or up to five days, with an attendee base of up to 1,000 people.
“As in-person events are returning and businesses are continuing to recover, we knew the timing was crucial to launch our Event Insurance product,” comments Jay Bregman, CEO and founder, Thimble. “Small businesses in the event industry have been severely impacted by the lack of events during the pandemic, so we made it our mission to ensure that Thimble serves as an important tool that empowers their comeback. We’re optimistic about the growth of businesses in the event space in the coming years.”
“Thimble has been a vital partner covering much of the general liability needs of photographers and videographers on our platform,” comments Matt Bendett, VP, Operations at Peerspace, an online marketplace to book unique event and production spaces. “The news that Thimble will bring Event Insurance to the market is extremely welcomed—especially as we’re seeing the return of in-person events from weddings to holiday parties.”