Amerisafe
AMERISAFE is a publicly traded specialty workers' compensation insurance provider focused exclusively on small to mid-sized employers in high-hazard industries including construction, trucking, logging, and marine across 27 US states.
- Company typePublic
- Founded1986
- HeadquartersDeridder, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Amerisafe does
AMERISAFE, Inc. (NASDAQ: AMSF) is a specialty insurance carrier that underwrites workers' compensation coverage exclusively for small to mid-sized employers operating in high-hazard industries. The company has focused on this single line of business for over 30 years, beginning with its first policy written to a logging operation in 1986, and today writes actively in 27 states across construction, trucking, logging and wood products, marine, agribusiness, manufacturing, and oil & gas. Distribution is conducted entirely through a network of independent insurance agents and brokers, who submit business through the GEAUX Agent Portal — a proprietary platform offering real-time submission, policy access, live underwriter chat, and endorsement capabilities. Supporting service modules include on-the-ground Field Safety Professionals, Field Case Managers for personalized claims handling, premium audit services, and a 24/7 policyholder online services portal for payments, monthly reporting, and loss runs.
The underlying technology stack is operational rather than transformative: a workers' compensation insurance platform with integrated safety service delivery, claims management workflows, and premium audit capabilities, layered through wholly-owned operating subsidiaries (American Interstate Insurance Company, American Interstate Insurance Company of Texas, Silver Oak Casualty, Amerisafe Risk Services, and AMERISAFE General Agency Incorporated). AMERISAFE carries an A.M. Best "A" (Excellent) rating with financial size category IX and has been named to Ward's Top 50 P&C insurers for 18 consecutive years.
Revenue is generated almost entirely through workers' compensation insurance premiums under a monthly reporting system where billed premium tracks actual payroll for the period. Full-year 2025 total revenues were $317.3 million, growing modestly from $309.1 million in 2024 and $306.9 million in 2023. Net income has compressed from $62.1 million in 2023 to $47.1 million in 2025, reflecting deteriorating combined ratios, while Q2 2026 shows re-acceleration with net premiums earned of $77.3 million (+11.4% YoY), $14.6 million in net income, and return on average equity of 23.5%. The policyholder retention rate on voluntary renewals was 94.2% in 2024. Capital return is a stated priority, with a $1.00 per share special dividend paid in late 2025 and $49.93 per share in cumulative dividends over the past thirteen years, alongside a 5.5% indicated dividend yield.
Amerisafe firmographics
Firmographics- Name
- Amerisafe
- Legal name
- AMERISAFE, Inc.
- Website
- https://amerisafe.com
- Company type
- Public
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- AMERISAFE is a publicly traded specialty workers' compensation insurance provider focused exclusively on small to mid-sized employers in high-hazard industries including construction, trucking, logging, and marine across 27 US states.
- Ownership category
- akta.pro rank
Amerisafe industry classification
Industry- Product category
- Workers' Compensation Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers (5241), Insurance Carriers and Related Activities (524)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Workers’ Compensation for High-Hazard & Specialty Trades (FSAJAEAF)
- akta.pro secondary industries
- Construction Specialty (Wrap-Ups/Builders Risk/Contractors) (FSAJAGAH), Energy & Power Specialty (Onshore/Offshore) (FSAJAGAI), Workers’ Compensation Insurance (FSAJAMAF)
Keywords
Where Amerisafe is headquartered
LocationHeadquarters
- HQ city
- Deridder
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Amerisafe business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Others
Revenue model
- Workers' Compensation Insurance Premiums: Amerisafe generates revenue primarily through workers' compensation insurance premiums from small to mid-sized employers in high-hazard industries. The company operates on a monthly reporting basis where premium is based on actual payroll for the month. 2025 total revenues were $317.3 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based pricing tailored to each employer's risk profile and payroll. |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Amerisafe product offering
Product offeringCore offering
AMERISAFE provides specialty workers' compensation insurance to small and mid-sized employers operating in high-hazard industries such as construction, trucking, logging, marine, agribusiness, manufacturing, and oil & gas. The company complements its core underwriting with bundled services including on-the-ground Field Safety Professionals, personalized Field Case Manager-led claims handling, and premium audit services, all distributed exclusively through a network of independent insurance agents and brokers across 27 U.S. states.
Product overview
AMERISAFE is a specialty workers' compensation insurance provider offering a unified insurance product with supporting service modules. The core offering is workers' compensation coverage for high-hazard industries, complemented by safety services (Field Safety Professionals providing on-the-ground guidance), claims management (with Field Case Managers), and premium audit services. The company also provides proprietary digital platforms including the GEAUX Agent Portal for agents and an Online Services portal for policyholders, enabling real-time submissions, payments, and account management.
Differentiator
Problem solved
Functional benefit
Products and services
- Workers' Compensation Insurance Specialty workers' compensation coverage for small to mid-sized employers in high-hazard industries including construction, trucking, logging and wood products, agribusiness, manufacturing, marine, and oil & gas.
- Safety Services Field Safety Professionals provide on-the-ground safety guidance, jobsite visits, and practical recommendations tailored to the unique risks of high-hazard industry policyholders.
- Claims Management Services Streamlined claims submission and handling supported by dedicated Field Case Managers with low claims workloads, providing highly personalized service to facilitate prompt resolution of workplace injury claims.
- Premium Audit Services Premium audit services that ensure policyholders pay appropriate premiums with minimal variance at final audit, providing accurate premium calculation for coverage provided under a monthly reporting basis.
Quantifiable outcome
- Policyholder retention rate of 94.2% in 2024
- +2 more outcomes
Companies that use Amerisafe
Customer profileSegments8 records
Ideal customer profiles5 records
Amerisafe technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Amerisafe partnerships and signals
Strategic signalScale indicators11 records
Recent moves6 records
Expansion highlights4 records
Amerisafe competitors and assessment
Company assessmentBroad incumbents
- Liberty Mutual Insurance: Broad incumbent: top-tier national carrier offering workers' compensation alongside broader commercial lines, competing for the same agent-submitted business but as part of a much larger portfolio.
- Berkshire Hathaway Specialty Insurance: Broad incumbent: large specialty insurer under Berkshire Hathaway that writes workers' compensation among other lines, serving larger mid-market and national accounts.
- The Hartford: Broad incumbent: large multi-line carrier with a significant workers' compensation franchise targeting small and mid-sized businesses through independent agents.
Direct peers
- Sentry Insurance: Direct peer: specialty workers' compensation and property/casualty insurer serving mid-sized businesses through independent agents.
- EMPLOYERS (EIG): Direct peer: specialty workers' compensation carrier focused on small businesses across select U.S. states, operating through independent agents with a similar niche-specialist model.
- FCCI Insurance Group: Direct peer: workers' compensation specialist serving small to mid-sized businesses across targeted industries with a similar agent-driven distribution model.
- Zenith Insurance: Direct peer: specialty workers' compensation carrier with niche focus on agriculture, construction, and other high-hazard industries distributed via independent agents.
- Accident Fund Holdings: Direct peer: specialty workers' compensation insurer writing business across multiple states with emphasis on higher-hazard classes and agent distribution.
- Builders Insurance: Direct peer: specialty workers' compensation carrier focused on the construction industry, sharing Amerisafe's high-hazard vertical specialization and independent-agent channel.
Regional players
- Texas Mutual Insurance Company: Regional peer: leading Texas-focused workers' compensation carrier (state-funded mutual) with comparable focus on workplace safety services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Amerisafe social profiles
Digital presenceAmerisafe compliance and trust
Trust signalCompliance3 records
Amerisafe financial estimates
Financial estimateRevenue estimate
Valuation estimate
Amerisafe leadership team
Management profileNumber of profiles
Profiles4 records
Amerisafe subsidiaries and ownership
Company hierarchySubsidiaries5 records
Amerisafe funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Amerisafe M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Amerisafe
What does Amerisafe do?
AMERISAFE provides specialty workers' compensation insurance to small and mid-sized employers operating in high-hazard industries such as construction, trucking, logging, marine, agribusiness, manufacturing, and oil & gas. The company complements its core underwriting with bundled services including on-the-ground Field Safety Professionals, personalized Field Case Manager-led claims handling, and premium audit services, all distributed exclusively through a network of independent insurance agents and brokers across 27 U.S. states.
Is Amerisafe a public or private company?
Amerisafe is a public company. It is classified as public and is currently operating.
When was Amerisafe founded?
Amerisafe was founded in 1986. It employs 501 to 1,000 people.
Where is Amerisafe based?
Amerisafe is headquartered in Deridder, United States, in the North America region.
How does Amerisafe make money?
One revenue line is on record: workers' Compensation Insurance Premiums.
Who are Amerisafe's main competitors?
Broad incumbents on record are Liberty Mutual Insurance, Berkshire Hathaway Specialty Insurance and The Hartford. Direct peers are Sentry Insurance, EMPLOYERS (EIG), FCCI Insurance Group, Zenith Insurance, Accident Fund Holdings and Builders Insurance. Texas Mutual Insurance Company is listed as a regional player.
Does Amerisafe have an API?
No public API is recorded for Amerisafe.
What industry is Amerisafe in?
Amerisafe's product category is Workers' Compensation Insurance. Its primary akta.pro industry code is FSAJAEAF, Workers’ Compensation for High-Hazard & Specialty Trades, with a secondary code of FSAJAGAH, Construction Specialty (Wrap-Ups/Builders Risk/Contractors). Its NAICS code is 52412 and its SIC code is 6331.