ACGL - Mergers and acquisitions

Acquisition Enhances Middle Market Offerings Within Arch Insurance Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (NASDAQ:ACGL) (Arch), today announced it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz originally announced on April 5. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will provide continuity to clients and brokers as Arch Insurance focuses on growing its middle market offerings. The new Arch MidCorp and Entertainment businesses will report to Mark Lange in the recently created role of Chief Middle Market Executive. Lange previously served as Chief Strategy

The acquisition expands Arch's suite of digital solutions for small business insurance Arch Insurance today announced it has acquired Thimble, a leading insurtech platform for small business customers and agents. Thimble enables small businesses to quickly get insurance coverage by the job, month or year using its award-winning app, website, or over the phone. The acquisition expands Arch's suite of digital solutions for small business customers and brokers. Since May 2018, Thimble has delivered more than 170,000 policies to small businesses across the United States. Thimble works with a variety of carriers including Markel and Employers. The Thimble team will continue growing the busin