Insurance - Specialty Industry | Financial Services Sector | Ms. Gerry Janelle Frost CEO | XBER Exchange | US03071H1005 ISIN |
United States Country | 350 Employees | 13 Dec 2024 Last Dividend | - Last Split | 18 Nov 2005 IPO Date |
AMERISAFE, Inc., established in 1985 and headquartered in DeRidder, Louisiana, operates as an insurance holding company within the United States. Specializing in underwriting workers' compensation insurance, the company targets small and mid-sized employers in hazardous industries. These industries include construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. AMERISAFE, Inc. distinguishes itself by focusing on providing essential coverage for employees in sectors recognized for their higher risk levels, ensuring protection against temporary or permanent disability, death, and medical or hospital expenses arising from workplace accidents.
This primary offering covers employees for temporary or permanent disabilities, death benefits, and medical and hospital expenses resulting from injuries incurred at the workplace. Designed for industries with a heightened risk of accidents and injuries, it serves as a cornerstone of AMERISAFE's product line, emphasizing the company's commitment to safety and support for workers in hazardous occupations.
AMERISAFE, Inc. distributes its workers' compensation insurance products through a network of retail and wholesale brokers and agents. This distribution method ensures wide accessibility and availability of insurance coverage to eligible employers across various states, facilitating the protection of more workers under AMERISAFE's policies. The use of brokers and agents also allows for personalized service and tailored insurance solutions to meet the unique needs of each client.