46 47 New products/ MGA – Alumni profilesLloyd’s Lab Impact Report 47 Thimble Focus in insurance value chain/Activity in the Accelerator D A COHORT , workflow: Point of underwriting Primary focus product area whilst in Specific lines of business supported the Accelerator: Parametric, SMEs, i lum (if applicable): SMESupply chain/NDBI s Example of benefit of Accelerator to t Thimble is an MGA offering business organisation: In the Lloyd's Lab r insurance online in the US, covering a Accelerator, Thimble worked on range of businesses such as contractors, developing a parametric business i landscapers, restaurants, and retail interruption insurance policy to protect b n stores. small businesses from pandemics. Thimble obtained capacity from Tokio Marine Kiln and Renaissance Re. u i t c Founded: 2015 ion Status: Operating, still in insurance Company type: MGA a Head oce: USA s Main global oces: USA Locations served: USA e Employee count: 11-100 a n YokahuFocus in insurance value chain/Activity in the Accelerator d COHORT , workflow: Point of underwriting, Loss modelling & analytics, Claims Primary focus product area whilst in Specific lines of business supported the Accelerator: Parametric p (if applicable): Personal, Corporate, Example of benefit of Accelerator to SME, Speciality organisation: In the Accelerator, Yokahu is a technology company and Yokahu developed a parametric oi MGA that designs parametric insurance insurance product for financial products protecting against climate institutions covering the cost of loan risks. Initially launching a hurricane repayments on behalf of borrowers microinsurance product in the after a disaster. It was mentored by n Caribbean, Yokahu is now working on innovation teams at Tokio Marine Kiln & multiple climate resilience projects Munich Re, with discussions ongoing across the Caribbean, Latin America and about supporting future projects. t Africa. In the Accelerator, Yokahu designed a new insurance product for Founded: 2019 financial institutions covering the cost of loan repayments after a disaster, with Status: Operating, still in insurance the view of this protection being Company type: MGA, Data models, embedded into the institution’s lending.Administration system Head oce: United Kingdom Main global oces: United Kingdom Locations served: Global Employee count: 1-10 © Lloyd’s © Lloyd’s