On - demand insurtech insurance has rebranded to Thimble . The provider , which allows for policies in increments of hours , days , weeks and even years , decided to switch up its branding to reflect the scope of the company . The insurtech began in 2016 by providing insurance to mobile operators , but has since expanded greatly to offer flexible insurance to those working in the gig economy , with 50 % of customers purchasing cover for a day or less . The name change was announced as part of a series A financing round which raised $ 22 m , bringing Thimble 's total revenue to $ 29 million to date .
On-demand insurtech Verifly has rebranded to Thimble. The firm, which allows for policies in increments of hours, days, weeks and even years, decided to switch up its branding to reflect the scope of the company. The insurtech began in 2016 by providing insurance to drone operators, but has since expanded greatly to offer flexible insurance to those working in the gig economy, with 50% of customers purchasing cover for a day or less. The name change was announced as part of a series A financing round which raised $22m, bringing Thimble's total funding to $29m to date.