Pie Insurance

Pie Insurance is a direct-to-consumer and agency-distribution carrier licensed in 39 states and Washington D.C., focused on commercial insurance for small businesses. The company writes workers compensation as its primary line, alongside business owners policies, commercial auto, general liability, and errors and omissions/professional liability. Workers comp coverage is available across 83% of the U.S. small business population by geography.

The platform applies granular data analytics and automated underwriting to quote and bind commercial policies. Quotes are delivered in approximately three minutes, and the system auto-decides 73% of submissions without manual review. Customers writing workers comp on the platform can save up to 30% compared to traditional carrier pricing. Claims are managed in-house. Partner agencies connect via a dedicated portal that includes an Appetite Checker tool and integration with Ivans Download (Applied Systems) for automated policy data exchange into agency management systems.

Pie holds an AM Best A- (Excellent) financial strength rating with stable outlook, affirmed in December 2025. The company has surpassed 55,000 workers comp policies in force as of end of 2025, distributed through a network of 5,000+ independent insurance agencies alongside direct online placement. Total venture funding exceeds USD 615M, including a USD 315M Series D in September 2022 co-led by Centerbridge Partners and Allianz X.