Pie Insurance today has expanded its workers’ comp insurance offering into New Jersey. This latest addition increases Pie’s coverage area to 32 states and the District of Columbia.
Pie Insurance, co-founded by former Esurance CMO John Swigart and former Valen Analytics CEO Dax Craig, provides workers’ compensation insurance exclusively to small businesses. The startup wrote its first policy less than two years ago and is on track to offer coverage coast-to-coast in 2020.
A Pie Insurance press release stated that the Garden State, home to more than 191,000 small businesses with employees, requires that all employers carry workers’ compensation insurance, according to the U.S. Small Business Administration Office of Advocacy ‘s 2019 Small Business Profile of New Jersey.
Pie Insurance provides workers’ compensation insurance directly to small businesses and also partners with local, regional, and national insurance agencies to provide coverage to their clients. Pie operates as a managing general agency for Sirius America Insurance Company, a subsidiary of Sirius Group. Its investors include SVB Capital, Greycroft, Aspect Ventures, Sirius Group, Moxley Holdings and Elefund.
Source: Pie Insurance
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