Partner Resources


Pie Insurance customers in Florida and Wisconsin may qualify for a yearly dividend.

Dividend FAQs

What is a dividend?

A dividend is a yearly payment made to our customers who meet specific eligibility requirements. Dividends are never guaranteed and are subject to the approval of the Board of Directors of SiriusPoint America Insurance Company.

Does my client already know they are potentially eligible for a dividend?

Yes, when the policy was issued, your client received an email that detailed all requirements to qualify for the dividend.

What are the requirements to qualify for a dividend?

In order to qualify for a dividend, customers must meet all of the below requirements:

  • Dividends are available in Florida and Wisconsin only. This applies to all Wisconsin policies and Florida policies with an effective date prior to January 1, 2024.
  • The policy must have run for 12 full months with no more than two notices of cancellation (NOCs) for nonpayment of premium and no lapses in coverage.
  • The customer’s final audited premium must be $1,000 or more including discounts.
  • The customer’s loss ratio on audited/discounted premium must be below 80% on the date the dividends are calculated.
  • No Loss Development Factor (LDF) and no Incurred But Not Reported factor (IBNR).
  • All audit disputes must be resolved and the balance paid in full.
  • All dividends are subject to the approval of the Board of Directors and are not guaranteed.
When will my client receive their dividend?

If your client qualifies to receive a dividend, it will be calculated six months after the policy expires and paid within the next 90 days. For example: If the Board of Directors approves a dividend, a policy effective on 6/15/2020 expires on 6/15/2021, so Pie will calculate the dividend on 12/31/2021 (the last day of every month) and would have until 3/31/2022 to process and issue the dividend.

How will my clients know if they are eligible for a dividend?

Once a dividend is declared, all customers who may be eligible will receive an email from Pie Insurance stating whether or not they will be receiving a dividend. Customers who do qualify for a dividend should receive a physical check within two weeks.