Welcome to our dedicated page for Employers Holdings news (Ticker: EIG), a resource for investors and traders seeking the latest updates and insights on Employers Holdings stock.
Employers Holdings, Inc. (EIG) is a prominent provider of workers' compensation insurance and services tailored specifically for small businesses across America. With a rich history dating back to 1913, Employers Holdings has built a solid reputation through its experience, financial stability, and deep understanding of the insurance needs of independent, entrepreneurial companies.
The company operates exclusively in the United States, offering insurance through various subsidiaries such as Employers Compensation Insurance Company, Employers Insurance Company of Nevada, Employers Preferred Insurance Company, and Employers Assurance Company. With a significant presence in California, Employers Holdings generates more than half of its business from this state.
Employers Holdings focuses on low- to medium-hazard industries, with substantial exposure to sectors like restaurants, which account for approximately a fourth of the total premiums earned. The company's operations are streamlined under a single reportable segment known as Insurance Operations.
Recent achievements include a notable association between Simply Business, LLC, a digital insurance company, and Cerity, a subsidiary of Employers Holdings. This collaboration aims to provide small business owners with a seamless online experience to obtain workers' compensation insurance. Through this digital-first approach, business owners can easily receive quotes, bind policies online, and connect with licensed insurance agents to ensure their coverage meets specific business needs.
Employers Holdings is committed to leveraging technology to improve customer experience, as demonstrated by Cerity's proprietary pricing model, which can deliver tailored quotes within seconds and new policies in under five minutes. This innovation helps small business owners protect their teams, assets, and livelihoods efficiently, allowing them to focus on growth and operations.
With its registered trademarks, Employers® and America's small business insurance specialist®, the company continues to solidify its position as a leader in the workers' compensation insurance industry. Despite its broad reach, not all insurers under Employers Holdings do business in all jurisdictions, further emphasizing the company's tailored approach to meeting the diverse needs of small businesses.
Cerity, a digital workers' compensation insurance provider, has partnered with Thimble to enhance online insurance solutions for small businesses. This collaboration aims to simplify the insurance purchasing process, allowing business owners to quickly get quotes, learn about necessary coverage, and access their certificates online. Through this partnership, Thimble will offer Cerity's workers' compensation coverage, enabling compliance with state laws. Both companies leverage technology to create a seamless experience, ensuring small business owners can focus on growth.
FAQ
What is the current stock price of Employers Holdings (EIG)?
What is the market cap of Employers Holdings (EIG)?
What does Employers Holdings, Inc. specialize in?
What industries does Employers Holdings primarily serve?
Where does Employers Holdings generate most of its business?
What recent partnerships has Employers Holdings been involved in?
How does Employers Holdings leverage technology in its services?
When was Employers Holdings founded?
Which subsidiaries operate under Employers Holdings?
What makes Employers Holdings a leader in workers' compensation insurance?
Are all insurance products from Employers Holdings available nationwide?
What is the significance of the partnership between Cerity and Simply Business?
