Amelia Risk vs 
Pie Insurance: How Do They Compare for Workers’ Compensation Insurance?
Pie Insurance, which underwrites workers' comp itself, advertises a roughly three-minute online quote; Amelia Risk is a brokerage that approaches insurers for you and reviews the resulting quotes with you.
Pie writes 100% of its workers' comp business through its own Pie Casualty and The Pie Insurance Company entities, rated A- by AM Best, while Amelia Risk is a brokerage that places the line with a panel of insurers it doesn't name. 5,2
What Are the Key Differences Between Amelia Risk and Pie Insurance Workers’ Compensation Insurance?
Who Carries the Risk
Pie underwrites this line itself:
AM Best's disclosure report says Pie completed acquiring Pie Casualty Insurance Company in September 2021 and The Pie Insurance Company (formerly The American Insurance Company) in January 2023, and that beginning January 1, 2024, Pie writes 100% of its workers' compensation business through these two entities, part of the pooled Rating Unit 018981 Pie Insurance Group. AM Best affirmed Pie Casualty Insurance Company's Financial Strength Rating at A- (Excellent) and Long-Term Issuer Credit Rating at a- (Excellent), both with a stable outlook, effective April 24, 2026. 5Verified. AM Best rating disclosure report (AMB #012272, NAIC #10997) for Pie Casualty Insurance Company; a rating is an opinion of insurer financial strength, not a guarantee a claim will be paid, and reflects the pooled group rather than a standalone assessment of either entity.
Amelia Risk instead is a brokerage that places the line with a panel of insurers it doesn't name on its dedicated page, saying the carrier depends on underwriting and state requirements. 2 1
A Timed Online Quote Versus a Staged Process
Pie describes a roughly three-minute online quote requiring the applicant's name, business name, annual payroll and class code. 4 Amelia Risk instead describes a staged process without a stated timeline: gathering company information, approaching insurers, reviewing the resulting quotes together, and letting the client decide. 3
A Post-Term Audit Versus an Upfront Formula
Pie performs a post-term premium audit comparing estimated to actual payroll after the policy period ends. 4 Amelia Risk instead explains the pricing mechanics upfront, saying premium is calculated as payroll multiplied by a rate, without describing a post-term audit. 1
What Should You Confirm in Amelia Risk and Pie Insurance Workers’ Compensation Insurance Quotes?
- Ask Pie how its post-term payroll audit could change your final premium versus the estimate you were quoted. 4
- Ask Amelia Risk which carriers it's shopping your account to. 3
- Ask Amelia Risk for the specific rate applied to your payroll, since its page explains the formula but not the figures. 1
- Confirm whether Pie's advertised savings figure applies to your industry and payroll size, since it's a general marketing claim. 4
Amelia Risk vs Pie Insurance Workers’ Compensation Insurance Compared
Amelia Risk vs Pie Insurance: Workers’ Compensation Insurance: documented features by provider
| Criteria | Workers Compensation | Pie Workers' Comp Insurance |
|---|---|---|
| Who It’s For | Amelia Risk says a company should buy Workers Compensation whenever it has an employee on payroll, and notes that eligible officers can decline coverage for themselves. 1Company-reported. Dedicated Workers Compensation page's purchase-timing guidance. A general trigger the firm states, not a jurisdiction-by-jurisdiction eligibility or officer-exclusion rule, which varies by state. | Pie says workers' compensation is legally required in nearly all states for businesses with few exceptions, and markets its program to small businesses. 4Company-reported. Workers' Comp product page as read on 2026-09-23. |
| How to Apply | Amelia Risk applies its general four-step brokerage process to a Workers Compensation request: it gathers information about the company, approaches insurers on the client's behalf, reviews the resulting quotes together, and lets the client decide how to proceed. 3Company-reported. Specialties page process description, which applies across the firm's lines rather than describing a Workers Compensation-specific intake form. | Pie says getting a quote online requires the applicant's name, business name, annual payroll amount, and class-code information, with a tool available to help identify the correct class code, and advertises a roughly three-minute online quote and up to 30% savings. 4Company-reported. Workers' Comp product page as read on 2026-09-23; quote time and savings figures are company marketing claims, not independently verified, and individual results vary. |
| Coverage Features | Amelia Risk describes Workers Compensation as statutory coverage, paying an injured employee's medical bills when the employee is hurt or injured at work. 1Company-reported. Dedicated Workers Compensation page's coverage description. A plain-language summary of the firm's own explanation, not a specimen policy form. Amelia Risk says a Workers Compensation policy also includes Employer's Liability, which covers suits alleging the employer's negligence caused an employee's injury. 1Company-reported. Dedicated Workers Compensation page. Describes the firm's stated policy structure, not the specific limits attached to that component. | Pie describes workers' compensation as a state-mandated program providing medical, disability (typically two-thirds wage replacement), and death benefits for employees injured or killed on the job, while excluding injuries suffered off the job, self-inflicted injuries, policy violations, and injuries from committing a crime. 4Company-reported. Workers' Comp product page as read on 2026-09-23; actual covered/excluded scenarios depend on the issued policy and state law. |
| Role in This Line | Amelia Risk is a brokerage, not an insurer, and it places Workers Compensation as its own listed catalogue line on its policies hub. 2Company-reported. Policies hub as read on 2026-09-23. Does not identify which insurer would issue a placed policy. | Pie underwrites workers' compensation itself through its own carrier group, rather than only brokering the line to outside insurers as it does for several of its other small-business products. 4Company-reported. Workers' Comp product page as read on 2026-09-23; restates the provider record's verified insurer-route fact. |
