Pie Insurance, an insurtech specializing in workers’ comp insurance for small businesses, today announced the completion of a $118 million Series C funding round. Investors Allianz X and Acrew Capital led the round, and existing investors Greycroft, SVB Capital, SiriusPoint, Elefund, and Moxley Holdings also participated in the round. Pie Insurance was built on a… Continue reading Pie Insurance is Building the Future of Small Business Insurance with $118M in Series C Funding
Tag: Workers’ Compensation insurance
Amazon Injuries Risk State Backlash, Higher Workers’ Comp Costs
Injuries in Amazon.com Inc. warehouses could damage more than just the company’s reputation. They could start to hurt the e-commerce giant’s bottom line, as well. Washington state’s workplace safety regulator says workers in Amazon’s highly automated warehouses are injured at a higher rate than people working in other types of storage facilities. It’s proposing a… Continue reading Amazon Injuries Risk State Backlash, Higher Workers’ Comp Costs
Tangram Insurance Services and SAIC Announce New Workers Compensation for Portable Sanitation Industry
Tangram Insurance Services, Inc. (“Tangram”), a Managing General Agency, and Service American Indemnity Company (SAIC) announced today the launch of a workers compensation insurance program specifically serving the Portable Sanitation industry. Tangram and Service American’s joint program is designed to provide comprehensive workers compensation insurance and risk management services for operators specializing in portable sanitation… Continue reading Tangram Insurance Services and SAIC Announce New Workers Compensation for Portable Sanitation Industry
Prime Healthcare Chooses ACM to Handle National Claims
Prime Healthcare recently selected American Claims Management (ACM) to handle national workers’ compensation claims management for their system of 45 hospitals and more than 300 outpatient locations in 14 states. “We needed a third-party claims administrator who could handle our claims in clinics and hospitals nationwide,” explained Kimberly Naucler, employee safety & workers’ compensation manager.… Continue reading Prime Healthcare Chooses ACM to Handle National Claims
Pie Insurance Launches Partner Portal with Integrated Appetite Checker
Pie Insurance, one of the nation’s leading insurtechs providing workers’ compensation insurance to small businesses, today unveiled its partner portal. The portal uses proprietary technology that makes it easier for partner agents to submit their clients for workers’ comp coverage and track their status in real time. The partner portal features an integrated appetite checker… Continue reading Pie Insurance Launches Partner Portal with Integrated Appetite Checker
SAGE Program Underwriters Delivers New Program for Ground Delivery Contractors
SAGE Program Underwriters, a national specialty Program Administrator, has launched a new workers’ compensation program for the ground delivery industry. SAGE has over 30 years of proven ground delivery and transportation industry knowledge and underwriting expertise. Through its technology platform and partnership with top-rated carriers, SAGE delivers efficient and effective insurance solutions to its retail… Continue reading SAGE Program Underwriters Delivers New Program for Ground Delivery Contractors
CDI Issues Order Resulting in Workers’ Comp Savings for California Businesses Affected by COVID-19
Insurance Commissioner Ricardo Lara issued an Order adopting emergency workers’ compensation regulations in response to the COVID-19 pandemic. These new regulations will mandate insurance companies to recompute premium charges for policyholders to reflect reduced risk of loss consistent with Commissioner Lara’s April 13 and May 15, 2020 Bulletins, and will result in savings for many… Continue reading CDI Issues Order Resulting in Workers’ Comp Savings for California Businesses Affected by COVID-19
More than 5,000 Californians File COVID-19 Workers’ Comp Claims
Californians stricken with COVID-19 took the first step in filing more than 5,000 workers’ compensation claims from January through May, according to state data released to CalMatters. More than 1,000 of those claims were denied, most of them before Gov. Gavin Newsom signed a May 6 executive order extending protections for essential workers infected on… Continue reading More than 5,000 Californians File COVID-19 Workers’ Comp Claims
Texas Mutual Donates $2M to Support Nonprofits Meeting COVID-19 Needs
Grants are being given to 40 nonprofits throughout the state Workers Compensation insurer Texas Mutual announced a donation of $2 million in grant funding for nonprofit organizations across the state that are vital to COVID-19 relief and recovery. The company has identified 40 nonprofit organizations where the grants will make a significant impact, including Meals… Continue reading Texas Mutual Donates $2M to Support Nonprofits Meeting COVID-19 Needs
Willis Towers Watson’s Risk and Analytics Develops New Feature that Tracks Pandemic Cases Against P&C Clients’ Global Assets
Willis Towers Watson, a leading global advisory, broking and solutions company, today launched a new, real-time, risk and analytics feature as part of its Global Peril Diagnostic modeling tool. The new feature provides up-to-date information on confirmed global COVID-19 cases alongside clients’ property total insured values by location. Notably, the feature enables clients to easily… Continue reading Willis Towers Watson’s Risk and Analytics Develops New Feature that Tracks Pandemic Cases Against P&C Clients’ Global Assets