Focus Outlook

Pie Insurance: Addressing the Core Challenges in the SMB Sector

JOHN SWIGART

CEO & Co-founder

“Pie is rated Excellent on Trustpilot. Our clients can receive a quote in 3 minutes. About 30% of savings are easily possible”

Reports from Fundera provide insights into the potential of SMBs in the present business space. Small businesses account for around 64% of new employment opportunities in the United States. As a result, job growth is accelerated, and more local employment opportunities are created for the locals. Indeed, SMB entrepreneurship is rewarding. However, an SMB may have to face some risks as well. Small business enterprises involve significant risks, so insurance coverage is essential. As part of SMBs, employers could be at risk due to falls, trips, slips, or chemical exposure. In addition, extreme weather conditions or fire could impact the employees or the SMB. Another crucial factor for small enterprises is cyber risk. The likelihood of data breaches among businesses with 250 or fewer staff members is constantly rising.

You operate an SMB, and the risks are continually significant. While some difficulties and obstacles cannot be avoided, they can be lessened with proper planning, preparation, and insurance. SMB owners must have adequate and well-suited insurance coverage to address the risks and avoid legal hassles. Pie Insurance perfectly understands the significance of the right insurance coverage for SMBs. The enterprise believes that Small companies in America deserve improved access to workers’ compensation and other insurance and the chance to save money while doing so. “Pie provides workers’ comp insurance directly to small businesses. We also partner with local, regional, and national insurance agencies to provide coverage to their clients. This way, everybody wins. Small businesses nationwide can save up to 30% on workers’ comp. In addition, Pie has redesigned the insurance experience from quote to claim. “ Now, busy small business owners can get a quote in three minutes,” says Pie Co-founder & CEO John Swigart.

Pie Insurance conducts business as a general managing agent for Sirius America Insurance Company. The firm has raised over $300 million to support our ground-breaking method of providing insurance for small businesses. Pie has been prominent in InsurTech100, Forbes, the Wall Street Journal, and Digital Insurance. The customers at Pie will find buying the right insurance the most straightforward task ever.

BELOW ARE SOME OF THE EXPERT SERVICES BY PIE-INSURANCE.

WORKERS’ COMPENSATION INSURANCE

The state-mandated insurance program known as workers’ compensation insurance offers medical, disability, survivor, burial, and rehabilitative benefits to employees hurt or murdered due to a work-related disease or injury. Employers can provide for injured workers by using workers’ compensation to cover medical and rehabilitation costs and compensate for lost pay. Interestingly, many enterprises tend to spend more on workers’ compensation insurance. Pie Insurance enables clients to extend workers’ compensation as best as possible. “Pie is rated Excellent on Trustpilot. Our clients can receive a quote in 3 minutes. About 30% of savings are easily possible,” informs the CEO.

BOP INSURANCE

A business owner’s policy, often known as BOP insurance, combines liability and property coverage specifically for small businesses. A small business’s exposure to claims for property damage, fire, bodily injury, advertising injury, and other problems is reduced by carrying BOP insurance. Based on the specific cases, BOP insurance may be designed to offer tailored coverage for different risks.

COMMERCIAL AUTO INSURANCE

Small businesses are better protected by commercial auto insurance from legal liability and property damage resulting from company vehicles.

ERRORS AND OMISSIONS

Professional liability insurance, commonly called errors and omissions insurance, aids in defending a small business against claims made by clients, customers, or other companies that assert that they suffered an injury due to the guidance or services rendered by a firm.

GENERAL LIABILITY

General liability insurance shields small businesses from lawsuits alleging bodily harm and property damage.