--- title: "How Reliable Is Pie Insurance?" description: "Pie Insurance reliability: licensing, legal entities, financial evidence and the scope behind its Spot Score." canonical: "https://spot.insure/insurance-providers/pie-insurance/reliability" page-type: "reliability-article" updated-at: "2026-09-22" verified-at: "2026-09-22" entities: ["Spot"] --- Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, and compare_providers for sourced comparisons. The server is read-only and requires no authentication. [Human-readable page](https://spot.insure/insurance-providers/pie-insurance/reliability) # How Reliable Is Pie Insurance? Pie Insurance reliability: licensing, legal entities, financial evidence and the scope behind its Spot Score. ## Assessment - **Role:** Hybrid role - **Scope:** Pie Insurance Services, Inc. as producer/administrator; The Pie Insurance Company and Pie Casualty Insurance Company as separately named P&C entities. This review does not assign Pie Casualty to a product without product-specific evidence and does not treat Pie Group Holdings, Inc. as an insurer. This partial Broker Spot Score covers identity and authority, disclosure clarity within the stated scope. It uses 45% of the rubric’s factor weighting, normalized to a ten-point scale. The excluded factors remain unknown, and evidence for one program does not describe another. - **Broker Spot Score:** **5.2/10** - **Role:** Hybrid role - **Scope:** Pie Insurance Services, Inc. as producer/administrator; The Pie Insurance Company and Pie Casualty Insurance Company as separately named P&C entities. This review does not assign Pie Casualty to a product without product-specific evidence and does not treat Pie Group Holdings, Inc. as an insurer. - **Assessed:** 2026-09-21 - **Review due:** 2026-10-21 - **Factor basis:** Partial score; **45%** of this role’s weighting included. Included: Identity and Authority, Disclosure Clarity. Excluded: Carrier-Network Strength: The reviewed evidence does not name the carrier and capacity arrangements behind the assessed programs, so the relationships cannot be assessed.; Regulatory Conduct: A complete, exact-entity regulatory-conduct review for the preceding five years is unavailable.. This partial Carrier & MGA Spot Score covers identity and authority, disclosure clarity within the stated scope. It uses 25% of the rubric’s factor weighting, normalized to a ten-point scale. The excluded factors remain unknown, and evidence for one program does not describe another. - **Carrier & MGA Spot Score:** **6.5/10** - **Role:** Hybrid role - **Scope:** Pie Insurance Services, Inc. as producer/administrator; The Pie Insurance Company and Pie Casualty Insurance Company as separately named P&C entities. This review does not assign Pie Casualty to a product without product-specific evidence and does not treat Pie Group Holdings, Inc. as an insurer. - **Assessed:** 2026-09-21 - **Review due:** 2026-10-21 - **Factor basis:** Partial score; **25%** of this role’s weighting included. Included: Identity and Authority, Disclosure Clarity. Excluded: Financial Resilience: The available financial evidence does not establish resources and material capacity arrangements across the assessed entities and role.; Claims and Servicing: The evidence does not sufficiently establish responsibility, access and escalation across the assessed services.; Carrier-Network Strength: The reviewed evidence does not name the carrier and capacity arrangements behind the assessed programs, so the relationships cannot be assessed.; Regulatory Conduct: A complete, exact-entity regulatory-conduct review for the preceding five years is unavailable.. - **Methodology:** [How we calculate the Spot Score](/spot-rating) - **Provider profile:** [Pie Insurance](/insurance-providers/pie-insurance) ## Entities and roles | Entity | Role | Sources | | --- | --- | --- | | Pie Insurance Services, Inc. | Licensed producer that Pie says sells and administers policies | [Legal](https://www.pieinsurance.com/legal) | | The Pie Insurance Company | P&C insurer, NAIC 21857, named for workers-compensation underwriting | [Legal](https://www.pieinsurance.com/legal), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) | | Pie Casualty Insurance Company | P&C insurer, NAIC 10997, identified by AM Best and Illinois as a separate insurer; current legal page does not map it to generic workers-compensation underwriting | [AM Best Rating Disclosure Report - Pie Casualty Insurance Company](https://ratings.ambest.com/DisclosurePDF.aspx?AMBNum=12272&PCA=0), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS), [Legal](https://www.pieinsurance.com/legal) | | Pie Group Holdings, Inc. | Group holding company named in current site/legal and regulator materials | [Legal](https://www.pieinsurance.com/legal), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS) | ## Research summary Pie’s current legal page distinguishes Pie Insurance Services, Inc. as the licensed producer/administrator, names The Pie Insurance Company and affiliates for workers compensation, and says other listed commercial lines are underwritten by unaffiliated third-party insurers. Missouri lists The Pie Insurance Company active with NAIC 21857, and AM Best’s April 2026 disclosure gives Pie Casualty Insurance Company an A- (Excellent) financial-strength rating with stable outlook. The issuer and terms still need product-specific confirmation. [Legal](https://www.pieinsurance.com/legal), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111), [AM Best Rating Disclosure Report - Pie Casualty Insurance Company](https://ratings.ambest.com/DisclosurePDF.aspx?AMBNum=12272&PCA=0) ### Legal Identity Pie’s legal page separates Pie Insurance Services, Inc. as the producer and administrator from The Pie Insurance Company and affiliated insurers. Pie Group Holdings, Inc. is the group holding company identified in the public materials; it is not treated as the policy issuer. [Legal](https://www.pieinsurance.com/legal), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS) ### Licensing Pie publishes producer license entries, including California nonresident producer 0M72907, Colorado resident producer 555231 and District of Columbia producer 3000466257. Missouri independently lists The Pie Insurance Company active with certificate B424258 and NAIC 21857. These producer and insurer records establish different legal roles and do not make every Pie product available in every listed state. [Legal](https://www.pieinsurance.com/legal), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) ### Financial Strength AM Best’s April 24, 2026 disclosure lists Pie Casualty Insurance Company, NAIC 10997, with an A- (Excellent) financial-strength rating and stable outlook. The rating is for the named insurer/rating unit and is not a rating of Pie Insurance Services, Inc. or proof that every Pie product uses that insurer. [AM Best Rating Disclosure Report - Pie Casualty Insurance Company](https://ratings.ambest.com/DisclosurePDF.aspx?AMBNum=12272&PCA=0) Missouri’s 2025 market data for The Pie Insurance Company (NAIC 21857) reports $5,897,893 of direct workers-compensation premium written, $5,005,941 earned, $1,596,794 of direct losses incurred and a 161.9% direct loss ratio. Those figures are Missouri market data for that insurer and line, not a group-wide solvency statement; the Missouri page reports no financial exam in its displayed record. [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) ### Risk-Bearing Relationships Pie says workers-compensation policies are underwritten by The Pie Insurance Company and affiliates, while commercial auto, BOP, general liability and professional liability are underwritten by unaffiliated third-party insurers. The carrier must therefore be confirmed by product, state and policy. [Legal](https://www.pieinsurance.com/legal) ### Claims and Service Pie publishes online and telephone claim-reporting routes and says a claims professional follows up, determines coverage under the policy and explains benefits when a claim is accepted. These are process disclosures and do not independently establish claims outcomes. [File Your Claim Within 24 Hours](https://www.pieinsurance.com/claims) ### Regulatory Record Missouri’s company detail page lists The Pie Insurance Company active and provides historical market-regulation and company-change information; Illinois lists Pie Casualty Insurance Company as an active P&C entity. A complete five-year conduct search for all Pie entities and a full producer appointment search are not established in this record. [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS) ## Licenses and authority | Entity | Jurisdiction | Identifier | Number | License type | Authority | Status | Verified | Sources | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Pie Insurance Services, Inc. | CO | State license | 555231 | Resident producer as displayed on Pie legal page | Company-published; current regulator record not independently established in this record | Company-reported | 2026-09-21 | [Legal](https://www.pieinsurance.com/legal) | | Pie Insurance Services, Inc. | CA | State license | 0M72907 | Nonresident producer as displayed on Pie legal page | Company-published; current regulator record not independently established in this record | Company-reported | 2026-09-21 | [Legal](https://www.pieinsurance.com/legal) | | Pie Insurance Services, Inc. | DC | State license | 3000466257 | Insurance producer as displayed on Pie legal page | Company-published; product and appointment scope require confirmation | Company-reported | 2026-09-21 | [Legal](https://www.pieinsurance.com/legal) | | The Pie Insurance Company | MO | Certificate of authority | B424258 | Property and casualty insurer | Missouri regulator lists active status and P&C authority | Active | 2026-09-21 | [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) | | Pie Casualty Insurance Company | US | NAIC company code | 10997 | P&C insurer identifier | Illinois regulator and AM Best entity record | Active | 2026-09-21 | [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS), [AM Best Rating Disclosure Report - Pie Casualty Insurance Company](https://ratings.ambest.com/DisclosurePDF.aspx?AMBNum=12272&PCA=0) | ## Jurisdiction searches | Jurisdiction | Result | Notes | Sources | | --- | --- | --- | --- | | MO | Verified | Missouri regulator lists The Pie Insurance Company active, NAIC 21857, P&C authority and certificate B424258. | [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) | | IL | Verified | Illinois regulator entity page identifies Pie Casualty Insurance Company as active P&C entity, NAIC 10997. | [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS) | | US/DC | Company-reported | Pie publishes a producer-license list; no completed five-year conduct result is established for the stated scope. | [Legal](https://www.pieinsurance.com/legal) | ## Rating dimensions ### Broker Spot Score Included weighting: **45%** of the original dimensions. Contributions are normalized over included weighting. Excluded factors: - **Carrier-Network Strength:** The reviewed evidence does not name the carrier and capacity arrangements behind the assessed programs, so the relationships cannot be assessed. [Legal](https://www.pieinsurance.com/legal) - **Regulatory Conduct:** A complete, exact-entity regulatory-conduct review for the preceding five years is unavailable. [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS) | Dimension | Score (0–4) | Weight | Contribution (/10) | Sources | | --- | ---: | ---: | ---: | --- | | Identity and Authority | 2.13 | 30% | 3.55 | [Legal](https://www.pieinsurance.com/legal), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) | | Disclosure Clarity | 2.03 | 15% | 1.69 | [Legal](https://www.pieinsurance.com/legal), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111), [File Your Claim Within 24 Hours](https://www.pieinsurance.com/claims) | ### Carrier & MGA Spot Score Included weighting: **25%** of the original dimensions. Contributions are normalized over included weighting. Excluded factors: - **Financial Resilience:** The available financial evidence does not establish resources and material capacity arrangements across the assessed entities and role. [AM Best Rating Disclosure Report - Pie Casualty Insurance Company](https://ratings.ambest.com/DisclosurePDF.aspx?AMBNum=12272&PCA=0), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111), [Legal](https://www.pieinsurance.com/legal) - **Claims and Servicing:** The evidence does not sufficiently establish responsibility, access and escalation across the assessed services. [Legal](https://www.pieinsurance.com/legal), [File Your Claim Within 24 Hours](https://www.pieinsurance.com/claims) - **Carrier-Network Strength:** The reviewed evidence does not name the carrier and capacity arrangements behind the assessed programs, so the relationships cannot be assessed. [Legal](https://www.pieinsurance.com/legal) - **Regulatory Conduct:** A complete, exact-entity regulatory-conduct review for the preceding five years is unavailable. [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS) | Dimension | Score (0–4) | Weight | Contribution (/10) | Sources | | --- | ---: | ---: | ---: | --- | | Identity and Authority | 2.44 | 15% | 3.66 | [Legal](https://www.pieinsurance.com/legal), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) | | Disclosure Clarity | 2.83 | 10% | 2.83 | [Legal](https://www.pieinsurance.com/legal), [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS), [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111), [File Your Claim Within 24 Hours](https://www.pieinsurance.com/claims) | ## Evidence gaps - Producer license and appointment status across all jurisdictions were not independently established in this record. - The legal disclosure does not map Pie Casualty Insurance Company specifically to generic workers-compensation underwriting; exact policy/product issuer evidence is required. - Product/state mapping for third-party insurers is not fully disclosed in generic pages. - Current reinsurance/capacity allocation and claims-administrator responsibilities need product-specific evidence. - Complete five-year conduct search across producer and carrier entities is not established in this record. ## Related terms - [What Is a Full-Stack Insurance Provider?](/insurance-glossary/full-stack-insurance-provider) - [What Is an Insurance Broker?](/insurance-glossary/insurance-broker) - [What Is an Insurance Producer License?](/insurance-glossary/insurance-producer-license) - [What Is a National Producer Number?](/insurance-glossary/national-producer-number) - [What Is an AM Best Rating?](/insurance-glossary/am-best-rating) ## Sources - [AM Best Rating Disclosure Report - Pie Casualty Insurance Company](https://ratings.ambest.com/DisclosurePDF.aspx?AMBNum=12272&PCA=0) — AM Best Rating Services; Current disclosure: NAIC 10997; A- (Excellent) FSR, a- ICR, stable outlook, affirmed effective April 24, 2026; accessed 2026-09-21. - [File Your Claim Within 24 Hours](https://www.pieinsurance.com/claims) — Pie Insurance; Claim reporting routes and post-report coverage determination; accessed 2026-09-21. - [Pie Casualty Insurance Company - Entity Details](https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=982281&s=Active&t=INS) — Illinois Department of Insurance; Active P&C entity; NAIC 10997; Pie Group Holdings parent; accessed 2026-09-21. - [Legal](https://www.pieinsurance.com/legal) — Pie Insurance; Footer disclosure; producer role; workers-compensation versus third-party underwriting; state license list; accessed 2026-09-21. - [The Pie Insurance Company - Company Details](https://insurance.mo.gov/find-insurance-company/company-details?id=104347111) — Missouri Department of Commerce and Insurance; Active status; NAIC 21857; P&C authority; 2025 workers-compensation market data; certificate of authority history; accessed 2026-09-21. ## Agent and Developer Resources - [Markdown page](https://spot.insure/insurance-providers/pie-insurance/reliability.md) - [Developer resources](https://spot.insure/developers) - [Public MCP server](https://spot.insure/mcp) - [MCP server manifest](https://spot.insure/server.json) - [OpenAPI description](https://spot.insure/openapi.json) - [Public page index](https://spot.insure/llms.txt)