As we look back on 2025, it's been an extraordinary year of milestones, recognition, and strengthening partnerships at Pie Insurance. From expanding our coverage footprint to earning prestigious industry awards and celebrating with partners across the country, we've continued making small business insurance as easy as pie. Let's take a moment to celebrate the achievements that made this year truly special.
One of our proudest achievements in 2025 was expanding our workers' compensation coverage to Connecticut. We now serve 39 states plus Washington D.C. This latest addition means thousands more small businesses can access affordable coverage that fits their needs.
Connecticut's expansion represents more than just another state on our map. It's about serving small businesses everywhere. From family restaurants in New Haven to construction companies in Hartford. Our technology delivers instant decisions and accurate pricing. We're especially focused on businesses that traditional insurers often overlook.
With each new state, we're getting closer to our goal. We want to make quality business insurance accessible to every small business. Connecticut shows our commitment to using data and technology to price risk fairly. We provide coverage that truly understands each business's needs.
What makes small business insurance companies stand out in a crowded market? This year, the industry answered with numerous awards for Pie.
We're honored to share that Pie made the Inc. 5000 list for the fourth consecutive year. We ranked #2104 and landed in the top 50%. This ranking reflects our three-year revenue growth from 2021 to 2024.
The recognition didn't stop there. We achieved an impressive #8 ranking on the Inc. 5000 Regionals list. That's for the Rocky Mountain region's fastest-growing companies. These rankings show sustainable growth that benefits our partners and policyholders.
In the insurtech space, we won the Best SMB Insurtech award at the 2025 Fintech Breakthrough Awards. This honor recognizes our innovation in serving small and medium-sized businesses. It shows our technology approach is working.
Perhaps our most meaningful recognition came from Insurance Business America Magazine. They named Pie a 5-Star California Workers' Comp Provider. This was unsolicited and partner-driven. It speaks volumes about the trust California partners have in our workers' compensation offerings.
Forbes added us to the Best Startup Employers in America list. This highlights our commitment to building a great product and a great workplace. Our marketing team also earned Gold at the Collision Awards. They won in the animation and motion design competition. This shows the creative talent that helps us share our mission.
We're especially proud of our Great Place to Work Certification this year. The numbers tell a powerful story. 96% of our employees feel welcomed at Pie. 79% rate us as a great place to work. The typical U.S. company? Only 57%. These aren't just statistics. They represent real people who choose to bring their talents to Pie every day.
BuiltIn recognized our workplace culture with three awards:
These honors reflect our commitment to creating a great work environment. Whether employees work from our offices or remotely, they can thrive.
How does workplace culture impact insurance service quality? We believe happy employees create better experiences for everyone. When our team feels valued, that positive energy shows. It comes through in every interaction, every policy, and every claim we handle.
In March 2025, AM Best affirmed our A- (Excellent) rating with a Stable Outlook. This provides continued confidence to our partners and policyholders. The rating isn't just about numbers. It represents the stability small businesses need from their insurance provider.
The AM Best rating looks at many factors. Balance sheet strength. Operating performance. Business profile. Maintaining our Excellent rating shows we're not just growing fast. We're growing smart. We have the financial foundation to support our policyholders when they need us most.
What's the best way to strengthen business relationships? At Pie, we believe it's through shared experiences. Throughout 2025, we hosted partner events that went beyond traditional meetings.
Our partners joined us at exciting venues. The Texas Motor Speedway, where racing matched the energy of our growing partnerships. The Porsche Experience Center provided an unforgettable setting. Partners connected while experiencing precision engineering firsthand.
We hosted a CIAB celebrity chef experience. Culinary excellence met business networking. Sports fans enjoyed MLB games including Cubs spring training, Cleveland Guardians, and Kansas City Royals games. We cheered alongside partners at NBA Phoenix Suns games and NFL Philadelphia Eagles matchups.
Food truck events across the country brought local flavor to partner gatherings. These created casual settings for meaningful conversations. These events weren't just entertainment. They were about building relationships that make our partnerships successful.
Behind the celebrations and recognition, we kept investing in technology. Technology that makes insurance easier for everyone. Our improved search functionality helps agents and policyholders find what they need faster. Less friction in the insurance process.
These improvements might seem small. But they add up to significant time savings. Time savings for busy agents and business owners. Every second saved searching is a second that can be spent growing a business. Or serving customers.
As we move into 2026, we're filled with gratitude. Gratitude for the partners, employees, and policyholders who make Pie what it is. The workers' compensation coverage we provide. The technology we develop. The partnerships we nurture. They all serve one purpose: making it easier for small businesses to get the insurance they need.
The awards we received this year aren't endpoints. They're milestones on our continuing journey. They motivate us to keep innovating. Keep expanding. Keep finding new ways to serve small businesses better.
To our partners who trust us with their clients. To our employees who bring their best every day. To the small businesses we're privileged to protect. Thank you for making 2025 such a sweet success.
Together, we're not just writing insurance policies. We're supporting the dreams and livelihoods of small business owners across America.
As we look forward to 2026 and beyond, we're excited about what's ahead. With our expanded coverage and strengthened partnerships, we're ready. Ready to make small business insurance even easier and more accessible.
Here's to another year of growth, innovation, and making insurance as easy as pie!
What states does Pie Insurance currently serve? Pie offers workers' compensation insurance in 39 states plus Washington D.C. Connecticut is our latest addition in 2025.
What recognition did Pie Insurance receive in 2025? Pie received many awards. Inc. 5000 (#2104). Inc. 5000 Regionals (#8). Best SMB Insurtech from Fintech Breakthrough Awards. 5-Star California Workers' Comp Provider from Insurance Business America. Forbes Best Startup Employers. Great Place to Work Certification. Plus more.
What percentage of Pie employees rate it as a great place to work? 79% of employees rate Pie as a great place to work. That's much higher than the 57% average at typical U.S. companies. This comes from our Great Place to Work Certification.
What is Pie Insurance's AM Best rating? Pie maintains an A- (Excellent) rating from AM Best with a Stable Outlook. This was affirmed in March 2025.
Thanks for reading! This content is intended for educational purposes only and does not imply coverage under workers' comp or other insurance offered through Pie Insurance Services, Inc. Please consult an agent or attorney for any questions regarding applicability of insurance coverage in all circumstances.
