Pie Insurance
Pie Insurance Company Growth, Stability & Outlook
Frequently Asked Questions
Pie has built a track record of consistent growth in a large and durable market. Workers' compensation is a foundational requirement for businesses with employees, which means Pie operates in a sector with stable demand and significant long-term potential. Pie has scaled to serve small businesses across 39 states and DC, crossed the milestone of 55,000 policies, and continued to invest in technology and expansion, all signals of a company with a stable foundation and forward momentum.
Backed by strong investors and operating in a space where the incumbents have been slow to modernize, Pie's financial position reflects both the strength of its model and the size of the opportunity ahead. Leadership communicates about the company's financial health with appropriate transparency, giving Pie-oneers and stakeholders confidence in the direction of the business.
What People Are Saying About Pie Insurance
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Market Expansion: Policy count rose to 55,000+ in 2025 with more than 25% year-over-year growth, alongside an expanded workers’ comp footprint to 39 states plus Washington, D.C., and a partner network topping 5,000 agencies. Continued state rollouts and distribution breadth signal room to add policies and premium if underwriting remains within rating and capital parameters.
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Investor Backing & Capital Strength: Financial strength ratings of A- (Excellent) with a Stable Outlook were affirmed in March 2025, and additional capital was raised from existing investors in the first half of 2026. A cumulative funding base exceeding $615 million, including a $315 million Series D, supports ongoing scale and investment.
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Innovation-Driven Growth: Management highlights investments in AI, underwriting speed, and pricing precision with a stated aim of disciplined growth and meaningful market impact in 2026. These technology and process initiatives are positioned as drivers of efficient expansion.