INVESTOR PRESENTATION
Second Quarter 2023
Forward-Looking Statements
In this presentation, the Company and its management discuss and make statements based on currently available information regarding their intentions, beliefs, current expectations, and projections of, among other things, the Company's future performance, including the effects of the Coronavirus (COVID-19) pandemic, business growth, retention rates, loss costs, claim trends and the impact of key business initiatives, future technologies and planned investments. Certain of these statements may constitute "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and are often identified by words such as "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "target," "project," "intend," "believe," "estimate," "predict," "potential," "pro forma," "seek," "likely," or "continue," or other comparable terminology and their negatives. The Company and its management caution investors that such forward-looking statements are not guarantees of future performance. Risks and uncertainties are inherent in the Company's future performance. Factors that could cause the Company's actual results to differ materially from those indicated by such forward-looking statements include, among other things, those discussed or identified from time to time in the Company's public filings with the U.S. Securities and Exchange Commission (the SEC), including the risks detailed in the Company's Quarterly Reports on Form 10-Q and the Company's Annual Reports on Form 10-K. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Filings with the SEC
The Company's filings with the SEC and its quarterly investor presentations can be accessed through the "Investors" link on the Company's website, www.employers.com. The Company's filings with the SEC can also be accessed through the SEC's EDGAR Database at www.sec.gov (EDGAR CIK No. 0001379041).
© 2023 EMPLOYERS. All rights reserved.
EMPLOYERS® and America's small business insurance specialist® are registered trademarks of EIG Services, Inc. Employers Holdings, Inc. is a holding company with subsidiaries that are specialty providers of workers' compensation insurance and services focused on select, small businesses engaged in low-to-medium hazard industries. The Company operates throughout the United States, with the exception of four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company. Not all companies do business in all jurisdictions. See www.employers.comand www.cerity.comfor coverage availability.
www.employers.com | 2 |
EMPLOYERS®
Business Overview
www.employers.com | 3 |
Who We Are (the Numbers)
EMPLOYERS® is a mono-line writer of workers' compensation (WC) insurance
focused on low-to-mediumhazard risk small businesses.
MARKETS AND DISTRIBUTION
$393 Million
1H23 Gross Written Premiums
Low Hazard Focus
Shown as a percentage of 6/30/23 in-force premium
87% | 8% | 5% |
Hazard Groups | Hazard Group | Hazard Groups |
A-D (low) | E (medium) | F-G (higher) |
1H23 Premium Contribution
Specialty
Agents and
Distribution
Partners
30%
Traditional
Insurance
Agents
70%
$698 Million
In-force Premium
at June 30, 2023 (incl. est. audit premium)
124,848 in-force policies $5,591 average policy size
Nationwide Platform
www.employers.com | 4 |
Who We Are (the Words)
Over 100-year operating history
Strong underwriting focus with established presence in attractive markets
Record number of policies in-force, excellent operating ratios
Unique, long-standing strategic distribution relationships
Conservative risk profile and prudent capital management
Solid financial position and strong balance sheet
UNIQUE GROWTH DRIVERS SPECIFIC TO EMPLOYERS
Transforming how small businesses and insurance agents utilize digital capabilities to improve their customer experience:
-
enhancing the agent experience and agent
efficiency;
- providing direct-to- customer workers'
compensation insurance policies through Cerity, a subsidiary separate from Employers' other insurance businesses.
www.employers.com | 5 |
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Disclaimer
Employers Holdings Inc. published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2023 14:40:02 UTC.