Seattle, WA – National Purchasing Partners (NPP) announces a new partnership with Thimble, giving NPP small business members access to nearly instant insurance coverage for employees, temps or contractors. When companies hire workers, especially on job sites, Thimble On-Demand can provide essential risk protection by the hour, day or week… in as little as 60 seconds. Thimble Monthly is available for jobs that last longer than days or weeks.
Thimble’s A-Rated policies are designed specifically for businesses grappling with the deep uncertainty of running a business in 2020. Coverage can be purchased instantly, in month-to-month increments, or for as little as one hour at a time. More than 30,000 businesses in 140 categories have opted to “cut the cord” from their static annual policies in favor of Thimble’s plans. Customers receive their certificate of insurance (COI) instantly, and can adjust their policies in real time via Thimble’s easy-to-use app.
Thimble, an insurtech startup, is known for its flexible, on-demand coverage options. The service is a game-changer for small businesses who are stuck in static annual policies. Thimble helps small businesses succeed on their own terms.
“We’re focused on providing small businesses with all the tools they need to thrive. What Thimble is doing for business insurance is remarkable– they’ve taken one of the most confusing parts about starting up and streamlined it into a 3-question process,” said Joel Wood, National Sales Manager, National Purchasing Partners. “Our member businesses know that we work with partners who push the envelope so that they can seize opportunity– and Thimble is the perfect example of that.”
The partnership with NPP follows incredible demand for Thimble’s modernized insurance offering. Thimble was recognized as the “Best Insurance for the Smallest Businesses” by Money Magazine in July 2020.
“I’ve never met an entrepreneur who’d rather be applying for insurance than doing what they actually love,” said Jay Bregman, CEO and Founder of Thimble. “NPP members want deals that give them an advantage over the competition. We’re here to serve that business owner, through instant coverage that can be scaled, paused or cancelled based on your individual needs, without any ridiculous penalty fees.”
Thimble’s mission is to make insurance simple, to help businesses succeed on their own terms. Its flexible insurance policies are designed with small businesses in mind, who face great uncertainty in normal times, and are now on the road to economic recovery. Available by-the-month or for as little as one hour, Thimble coverage takes less than one minute to obtain and can be scaled up, adjusted or paused at any time. Thimble has sold over 125,000 policies representing over $125B in coverage since launching in 2016.
Founded by Jay Bregman and Eugene Hertz, Thimble is based in New York City and has raised over $29 million in funding from IAC and other top firms. All General Liability and Professional Liability policies are underwritten by Markel Insurance Company.
About National Purchasing Partners
NPP is a longstanding savings provider for businesses and their employees. By leveraging the purchasing power of more than 300,000 members nationwode, NPP provides top-tier discounts and special pricing to companies of all sizes. NPP is owned by non-profit hospitals and a substantial portion of our proceeds help support medical research at Benaroya Research Institute at Virginia Mason (BRI) in Seattle, Washington.
If your business is not already an NPP member, you can sign up for free. There’s no obligation to buy and NPP members enjoy a diverse portfolio of business and employee discounts and exclusive pricing.
Products marketed by NPP Insurance Services, LLC and sold and administered by Proactive Risk Solutions for telemedicine. National Purchasing Partners is not a licensed insurance entity and does not sell insurance.