HUB International vs Pie Insurance: How Do They Compare for Workers’ Compensation Insurance?

Pie Insurance underwrites it through its own carrier group and offers an online quote from payroll and class-code details; HUB International brokers workers' comp and lists the exclusions that can apply.

Pie underwrites workers' compensation through its own carrier group, rated A- (Excellent) by AM Best. HUB brokers the coverage instead and does not name an issuing insurer on its page. ^3,¹

What Are the Key Differences Between HUB International and Pie Insurance Workers’ Compensation Insurance?

Who Carries the Risk

HUB brokers workers' compensation and helps clients navigate state regulations and coverage options rather than underwriting the coverage itself; its page does not name an insurer. ¹ Pie takes the opposite role for this line, underwriting the policy through its own carrier group.

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. ³Verified. 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.

What the Application Process Looks Like

HUB's page centers on advisory work: it describes helping distinguish employees from contractors as part of the brokerage relationship, without a published online quote flow. ¹ Pie instead advertises a roughly three-minute online quote using payroll and class-code inputs, plus a post-term premium audit comparing estimated to actual payroll. ²

What Should You Confirm in HUB International and Pie Insurance Workers’ Compensation Insurance Quotes?

Ask HUB which insurer or state fund it would place your policy with, since its page does not disclose one. ¹
Confirm Pie's current AM Best rating and effective date directly, since ratings can change after the reviewed report. ³
Compare the class codes and payroll figures each quote is based on; Pie's tool assigns codes automatically, while HUB's process is not detailed on its page. ² ¹
Ask about the post-term premium audit Pie describes and whether HUB's placement includes a similar true-up. ²

HUB International vs Pie Insurance Workers’ Compensation Compared

HUB International vs Pie Insurance: Workers’ Compensation Insurance: documented features by provider

Criteria	HUB International Workers' Compensation Insurance Brokerage	Pie Workers' Comp Insurance
Who It’s For	HUB says workers' compensation insurance is required of all businesses in 49 states and the District of Columbia, noting Texas does not mandate coverage. ¹Company-reported. Product-page state-requirement statement as read 2026-09-23; specific state rules and exceptions were not independently verified here.	Pie says workers' compensation is legally required in nearly all states for businesses with few exceptions, and markets its program to small businesses. ²Company-reported. Workers' Comp product page as read on 2026-09-23.
Coverage Features	HUB says workers' compensation covers medical bills, disability payments, rehabilitation and recovery costs, partial missed wages, and funeral or survivor benefits for injuries and illnesses sustained in the course of employment, plus an employer's legal defense fees and settlements for related workplace-injury lawsuits. ¹Company-reported. Product-page coverage description; the issued policy and state law control an actual claim. HUB lists exclusions that can apply to workers' compensation claims, including injuries that originated outside the workplace, were self-inflicted, resulted from a fight the employee started, relate to a felony, were claimed after termination or layoff, or occurred while the employee was under the influence of drugs or alcohol. ¹Company-reported. Product-page exclusions list; actual claim outcomes depend on the specific policy and state law.	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. ²Company-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	HUB brokers workers' compensation insurance and helps clients navigate state regulations and coverage options rather than underwriting the coverage itself. ¹Company-reported. Workers' compensation product page as read 2026-09-23; the page does not name an issuing insurer.	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. ²Company-reported. Workers' Comp product page as read on 2026-09-23; restates the provider record's verified insurer-route fact.
Risk Services	HUB describes helping clients address worker misclassification liability and distinguishing employees from contractors as part of its workers' compensation brokerage, alongside broader risk-reduction guidance. ¹Company-reported. Product-page misclassification-liability section; a company-reported advisory service.	Pie says it can issue a Certificate of Insurance to show proof of workers' comp coverage, which it notes some industries, such as construction, require before work can begin, and that it performs a post-term premium audit comparing estimated to actual payroll. ²Company-reported. Workers' Comp product page FAQ as read on 2026-09-23.