#USA #Washington D.C. #Insurtech #Workers' Compensation #Pie Insurance

Pie Insurance Reports Remarkable Growth in 2025

In a noteworthy announcement, Pie Insurance, a renowned insurtech focused on providing affordable commercial insurance for small businesses, shared its impressive achievements for 2025. The company's strategic expansion and dedication to enhancing the insurance experience have resulted in substantial growth, including the addition of over 55,000 active policies and an expanded partner network.

Key Achievements in 2025

One of the significant milestones for Pie Insurance was the launch of their workers' compensation insurance in Connecticut, increasing their operational coverage to 39 states and Washington D.C. This expansion brings their services to about 83% of America's small businesses. CEO John Swigart emphasized that reaching 55,000 in-force policies signifies that countless small businesses can now focus on their growth instead of navigating complex and costly workers' compensation insurance.

This year, Pie also grew its partnership network, breaking through the 5,000-agency mark across the country. Such a vast network not only amplifies the company's reach but ensures more businesses have access to essential worker protection coverage.

In terms of financial strength, the company received an A- (Excellent) rating from AM Best, reflecting its strong balance sheet and top-notch risk-adjusted capitalization.

Industry Recognition and Workplace Excellence

Together with its operational success, Pie Insurance earned numerous accolades in 2025, further solidifying its place in the insurtech landscape. The company was honored as the Best SMB Insurtech by the 2025 Fintech Breakthrough Awards and maintained its ranking in the top 50% of fastest-growing companies in the Inc. 5000 list for the fourth year in a row.

Additionally, Pie has been recognized by Forbes as one of the Best Startup Employers in America and has consistently made it to the Deloitte Technology Fast 500 list. The company also achieved a 5-star rating for California Workers' Comp Providers from Insurance Business America Magazine, highlighting its commitment to quality and service.

Workplace culture is paramount at Pie, where a remarkable 96% of employees reported feeling welcomed within the organization, a stark contrast to the typical figure of 57% among U.S. companies. This dedication to employee well-being was recognized with three Built In Best Places to Work honors in 2025, including remote workplace excellence.

Addressing Workplace Safety Challenges

In addition to its operational milestones, Pie Insurance distinguished itself as a leader in workplace safety through critical research initiatives. The findings of their State of Workplace Safety Report revealed that 75% of small businesses reported workplace injuries, with half of those being preventable. Furthermore, their Employee Voice on Workplace Safety Report uncovered a troubling disparity between employer perceptions and employee experiences, with 28% of workers indicating that they never received formal safety training.

Carla Woodard, Pie's SVP of Claims, highlighted the need for more actionable resources to aid small businesses in preventing workplace injuries.