Excess Share Insurance

What Excess Share Insurance does

Excess Share Insurance Corporation (ESI) is a private Ohio-chartered insurance company and wholly-owned subsidiary of American Share Insurance (ASI), a credit union-owned private deposit insurer founded in 1974. ESI provides excess share insurance to state and federally chartered credit unions in 37 states and the District of Columbia, protecting member deposits above the primary NCUA insurance limit of $250,000. The company offers two core products: Double Cover, which provides up to $250,000 of additional coverage across all account classes, and Custom Cover, which provides up to $10,000,000 of additional coverage on select classes such as Business Savings and Public Funds. ESI operates on a quote-based pricing model with multi-year contracts, generating revenue from insurance premiums paid by credit unions on behalf of their members, and protects more than $7 billion in insured deposits across hundreds of credit union clients.

ESI's distribution is direct-to-credit-union via field sales, supplemented by referrals from Credit Union Leagues and industry events such as the Governmental Affairs Conference. The company holds no disclosed technology platform, integrations, or AI capabilities, and operates with a small staff of 1-10 employees. In 2026, ESI expanded its product surface through a partnership with Acrisure to launch Campio, a credit-union-focused insurance agency offering fidelity bond packages and positioning for broader member insurance programs. ESI describes itself as the nation's only multi-state provider of excess share insurance for credit unions, and its value proposition emphasizes relationship-based coverage delivered without system integrations, distinguishing it from sweep-program alternatives in the deposit insurance market.

Name

Excess Share Insurance

Legal name

Excess Share Insurance Corporation

Website

https://excessshare.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Excess Share Insurance (ESI) is a private, Ohio-chartered insurer and wholly-owned subsidiary of American Share Insurance that provides excess share insurance to credit unions in 37 states and DC, protecting member deposits above the $250,000 NCUA limit.

Ownership category

akta.pro rank

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Premiums: ESI generates revenue through insurance premiums charged to credit unions for excess share insurance coverage. The coverage options include Double Cover (up to $250,000 additional) and Custom Cover (up to $10,000,000 additional). Premiums are paid by credit unions on behalf of their members.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Excess Share Insurance (ESI) is a licensed insurance company that provides excess share insurance to credit unions, adding a layer of deposit insurance protection on top of the primary coverage provided by NCUA (up to $250,000). It offers two main coverage products—Double Cover (up to $250,000 additional) and Custom Cover (up to $10,000,000 additional)—and also operates Campio, a credit-union-focused insurance agency offering fidelity bond packages in partnership with Acrisure.

Product overview

Excess Share Insurance (ESI) is a single-product company offering excess share insurance for credit unions through two main coverage products: Double Cover (providing up to $250,000 additional coverage) and Custom Cover (providing up to $10,000,000 additional coverage). Both products add an extra layer of deposit insurance protection over what is provided by credit unions' primary insurers. In 2026, ESI also launched Campio™ powered by Acrisure®, a separate insurance agency sub-brand offering fidelity bond packages specifically for credit unions.

Differentiator

Problem solved

Functional benefit

Brands

• Campio: An insurance agency powered by Acrisure, specifically designed for credit unions offering fidelity bond packages and member insurance programs.

Products and services

• Double Cover
• Custom Cover Excess share insurance product that allows credit unions to insure balances up to $10,000,000 above primary share insurer limits, accommodating specific members, larger businesses, and institutional accounts.
• Campio™ powered by Acrisure® Insurance agency purpose-built for credit unions, offering comprehensive fidelity bond packages and member insurance programs to address narrowing market options and rising costs in fidelity bond coverage.

Quantifiable outcome

• Up to $1,000,000 total deposit coverage per account ($750,000 ESI + $250,000 NCUA)
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• AcrisurecoreStrategic or Co-development Partner · 26 February 2026Excess Share Insurance (ESI) and Acrisure announced the launch of Campio, a new insurance agency specifically designed for credit unions, debuting at the Governmental Affairs Conference in Washington DC on March 1, 2026. The agency will initially offer a comprehensive fidelity bond package, addressing narrowing market options and rising costs in this coverage segment. Campio is positioned as a purpose-built insurance solution for the credit union sector's evolving risk environment.
• American Share Insurance (ASI)coreOthersESI is a wholly-owned subsidiary of American Share Insurance (ASI), a credit union-owned private deposit insurer founded in 1974 by credit unions, for credit unions. ASI pioneered the concept of excess share insurance in 1981. ESI was chartered in 1993 to organize and charter a more standardized insurance company. Both companies operate together to provide deposit insurance solutions for credit unions.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Securian Financial: Insurance and financial services company with established credit union distribution partnerships for life and disability products; comparable as a broad incumbent serving the same institutional credit union channel.
• Transamerica: Large life insurance carrier that distributes insurance and retirement products through credit unions; comparable as a broad incumbent in the credit-union insurance distribution ecosystem.
• CUNA Mutual Group / TruStage: The dominant insurance and financial services provider serving credit unions and their members across life, disability, and lending-related products; comparable as a large incumbent that bundles insurance solutions for the same credit union customer base ESI addresses.
• Pentegra: Financial services firm exclusively serving credit unions and their employees, focused on retirement and benefit solutions; comparable as a credit-union-specialized incumbent operating in adjacent institutional financial services.
• Nationwide: Diversified insurance carrier offering credit union member insurance programs and partner-distributed products; comparable as a broad incumbent competing for credit-union shelf space and member cross-sell.

Others

• Acrisure: Large global insurance brokerage that is ESI's strategic partner for the new Campio credit union agency; relevant as the distribution and product engine behind ESI's expansion into fidelity bonds and member insurance.
• JMFA: Consulting and outsourced services provider to credit unions and banks on revenue, compliance, and account holder services; relevant as an adjacent ecosystem participant that monetizes the same credit union customer base.

Direct peers

• American Share Insurance (ASI): ESI's parent company and the original private credit union deposit insurer founded in 1974; ASI pioneered excess share insurance in 1981 and is the most directly comparable private deposit insurer for US credit unions.
• Allied Solutions: Specialty insurance distribution and underwriting firm focused on credit unions and community banks; competes for credit-union insurance budgets across multiple product lines including deposit-related and member coverage.
• Member Benefits: Insurance agency providing credit-union-specific member insurance programs including accident, health, and supplemental coverage; comparable as a credit-union-focused insurance intermediary addressing overlapping buyer needs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ExcessShare

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Excess Share Insurance