Pie Insurance to acquire Western Select Insurance Company
WC insurance provider Pie Insurance announced that Pie Carrier Holdings has received regulatory approval from the Illinois Department of Insurance to acquire Western Select Insurance Company , a property casualty insurance company that is licensed in Illinois, California, and New York, from a subsidiary of Premia Holdings.
Upon the closing of the proposed acquisition, Western Select Insurance Company will be renamed Pie Casualty Insurance Company.
“Since Pie was founded in 2017, our goal has been to offer the entire small business insurance experience to our customers as a full stack insurance carrier. Receiving regulatory approval to acquire Western Select Insurance Company is a key milestone on the path for Pie to write our own policies, and to bring our seamless commercial insurance experience to even more small businesses across the country.” – John Swigart, co-founder and CEO of Pie.