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Pie Insurance Expands Coverage to Alabama and Oregon
Pie Insurance, an insurtech company specializing in workers’ comp insurance for small businesses, today announced small business owners in Alabama and Oregon have access to its workers’ comp insurance. Today’s expansion increases the company’s coverage footprint to 38 states and Washington D.C, representing 89 percent of small businesses in the U.S.
Workers’ comp insurance is essential for small businesses to keep business owners and employees protected from workplace injuries and accidents. Pie’s workers’ comp insurance is built specifically for the needs of small businesses—with coverage available directly on Pie’s website, through an independent insurance agent, or through a payroll provider—making it easy for the 401,000 small businesses in Alabama, and 387,000 in Oregon to get a quote in 3 minutes and unlock savings of up to 30 percent. By partnering with Pie, insurance agents in those states can quickly serve their small business clients with instant-decisions on 73 percent of class codes through the partner portal.
“Small business owners in Alabama and Oregon make up 99 percent of total businesses in their state, so it’s critical they keep their businesses and employees safe and healthy,” said Dax Craig, co-founder and president of Pie. “Our mission is to enable small businesses to thrive with simple and affordable workers’ comp insurance. Small business owners in Alabama and Oregon can now spend less time and money on their insurance, and instead focus on growing their businesses.”
Today’s expansion into Alabama and Oregon further supports Pie’s impressive growth and continued momentum. Most recently the company announced it more than doubled its gross written premium, increased its annualized run rate premium to nearly $300 million, and more than doubled its number of policyholders and insurance agency partners.
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