Denver, CO – Pie Insurance recently announced the appointment of insurance executive Audra Foglietta as the company’s new chief financial officer (CFO). Foglietta joins Pie during a pivotal period of growth—Pie is the fastest growing workers’ comp insurer in the U.S.1, achieving a 271 percent increase in direct written premiums.
Foglietta brings a wealth of financial leadership and strategic expertise to Pie, having spent more than twenty years at Chubb, the world’s largest publicly traded property and casualty insurance company. Most recently, Foglietta served as Chubb’s executive vice president and CFO of Global Operations and Technology, in addition to previously serving as CFO of Westchester Specialty, the company’s excess and surplus division. Foglietta has a proven track record of driving financial performance and operational efficiencies in the public insurance sector. Her expertise includes global business transformations, corporate finance, financial planning and analysis, business analytics and operations.
“I’m honored to join Pie as its CFO and be part of an organization that is redefining the small commercial insurance landscape and growing at an impressive rate,” said Audra Foglietta, incoming CFO at Pie. “Pie’s commitment to technology and innovation combined with its dedication to serving the unique needs of small businesses resonated with me. I look forward to working with the talented team at Pie to support the company’s mission and customers, and ultimately drive optimal financial performance and excellence.”
“We’re thrilled to welcome Audra Foglietta to the team as Pie’s new CFO. Her extensive experience in the insurance industry and her leadership in developing top global finance and accounting teams will be instrumental in building upon our strong growth to date and preparing Pie for a long-term, sustainable future ahead,” said John Swigart, co-founder and CEO of Pie Insurance.
Foglietta’s first day as Pie’s CFO will be Monday, October 9th.
1Pie’s ranking is based on the company’s direct written premium growth as an MGA for SiriusPoint America Insurance Company. The ranking was made by growth percentages calculated by Pie using 2022 and 2020 direct written premium data in the August 2023 S&P IQ Insurance Statutory Market Share report.
Source: Pie Insurance