Members in the News

Denver, CO (October 6, 2021) - Pie Insurance (“Pie”), a leading tech-enabled provider of workers’ compensation insurance to small businesses, today announced that CB Insights named Pie to its fourth annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. This year’s list was unveiled on stage at CB Insights’ Future of Fintech conference in New York City.

“This is the fourth class of the Fintech 250, and it’s also the most international, representing 26 countries. These 250 fintech startups are attacking an incredibly diverse array of financial services opportunities across 19 sectors, including digital banking, insurance, payroll, retail investing, and more,” said CB Insights CEO Anand Sanwal. “After being named to the CB Insights Fintech 250 last year, the 2020 class saw 17 companies go public and 25 get acquired. They also went on to raise over $25B in additional financing and forged more than 380 new partnerships after being recognized. The Fintech 250 has a history of spotlighting the very best fintech companies, and this year is no different. We’re excited to see how these fintech startups disrupt and transform financial services in the years ahead.”

“We are honored to be named to this year’s Fintech 250 class by CB Insights,” said John Swigart, cofounder and CEO of Pie. “There has been incredible innovation across the entire insurance sector in 2021. We value the recognition Pie has received for our growth and use of technology to support our mission of empowering small businesses to thrive by making commercial insurance affordable and as easy as pie.”

Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of over 17,000 companies, including applicants and nominees. They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies. ABOUT CB INSIGHTS - CB Insights builds software that enables the world’s best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their endto-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights. com.

ABOUT PIE - Pie is leveraging technology to transform how small businesses buy and experience commercial insurance, with the goal of making it affordable and as easy as pie. Pie’s intense focus on granular, sophisticated pricing and data-driven customer segmentation enables Pie to match price with risk accurately across a broad spectrum of small business types, which allows Pie to offer more affordable insurance to small business owners. Since 2017, Pie has received over $300M in funding and commitments for future funding, grown its gross written premium to over $100M, and partnered with over 1,000 agencies nationwide.

Sheboygan, WI (October 10, 2021) - Acuity announced that it has donated $50,000 to Team Rubicon. Team Rubicon’s mission is providing relief to those affected by disaster, no matter when or where it strikes.

“We are honored to support Team Rubicon and the important service it provides. Our missions align in rebuilding shattered lives,” said Ben Salzmann, Acuity President and CEO.

As the fastest growing disaster response organization, Team Rubicon’s over 150,000 volunteers, comprised primarily of military veterans, have responded to nearly 1,000 disasters in the U.S. and around the world. By pairing the skills and experiences of military veterans with first responders, medical professionals, and technology solutions, Team Rubicon aims to provide the greatest service and impact possible. Acuity Insurance, headquartered in Sheboygan, Wisconsin, insures over 125,000 businesses, including 300,000 commercial vehicles, and nearly a half million homes and private passenger autos across 29 states. Rated A+ by A.M. Best and S&P, Acuity employs over 1,500 people.

Stamford, CT (October 26, 2021) - Berkley Re Solutions and Berkley Program Specialists have combined their unique program design and distribution capabilities to bring a new insurance program for Workplace Violence to the marketplace. Dais, a technology company dedicated to simplifying the process of creating new digital products for carriers and reinsurers, was chosen to build the capabilities for launch via a select group of innovative independent agents.

Workplace Violence is an unfortunate reality. Both large and small business are too often faced with these events and Berkley companies have long been trusted to help businesses in their greatest times of need. Bringing this combined insurance and services solution quickly to market continues that commitment to deliver solutions to ever-changing risks.

Berkley Re Solutions developed this new program with the guidance and input of multiple clients. Currently available as a reinsured turn-key solution, it is now able to be distributed to select agents via Berkley Program Specialists.

Greg Douglas, president of both Berkley organizations, commented, “With Dais’ simple quote to issue platform, agents enjoy an excellent user experience and take advantage of rich API (application programming interface) functionality through the product lifecycle. The ease of use is excellent where binding a policy takes very few steps and billing and policy documents are just a few clicks away. Agents want this program for their insureds and because of Dais’ expert digital guidance, we were able to deliver.”

Jason Kolb, Dais CEO said, “Berkley Re Solutions’ and Berkley Program Specialists’ commitment to product innovation is clear and with specialty crisis management partners, they are bringing together a necessary ecosystem to solve this important product gap in the marketplace. We have built a repeatable process for product innovation and partners like Berkley are uniquely qualified to take advantage of our distinct capabilities.”

This program is offered in the following eight states with additional states planned for the future: AR, IL, IA, MN, MO, ND, SD, WI. business income, mental health counseling, public relations expense, security services and more. With a broad coverage cause of loss, Berkley also includes an off-premises extension that follows insureds where they go while conducting their business. And while indemnification is important, the crisis management services are critical to the overall solution and are included automatically.

ABOUT BERKLEY RE SOLUTIONS - Our mission is to make our carrier partners more valuable to their agents and insureds by delivering casualty treaty and innovative reinsured turn-key solutions. We provide custom turn-key solutions – complete insured offerings allowing our insurance carrier partners to provide critical coverages quickly, efficiently, and with a flexible quota share approach.

Berkley Program Specialists, a Berkley Company, is a leading insurance operation dedicated exclusively to program business. Berkley Program Specialists provides program administrators with underwriting authority backed by admitted and non-admitted A.M. Best A+ rated insurance paper, as well as program management expertise and, when required, reinsurance support. For more information, please visit www.berkley-ps.com.

ABOUT DAIS - Dais makes it easy to create, sell, and deliver insurance products. Carriers use Dais to quickly bring new and existing products to market through digital distribution channels. Agents use Dais to market, sell, and close business online through digital marketing, embedded insurance, and producer-enablement tools. For more information please visit https://dais.com

Certain coverages and (re)insurance products and services may be provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all such products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W. R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Berkley Re Solutions and Berkley Program Specialists are member companies of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A+ (Superior) by A.M. Best Company.