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 provider of workers’ compensation insurance, has partnered with Intuit to offer QuickBooks users streamlined access to essential insurance coverage. This collaboration aims to support small businesses, which have surged in formation recently, in meeting their insurance needs. Cerity's digital-first platform simplifies the process of obtaining coverage, enabling small business owners to focus on growth. Cerity is a subsidiary of Employers Holdings, which has over 100 years of experience in the workers' compensation sector.
Cerity, a digital-first workers' compensation insurance provider, has been designated by the California Restaurant Association (CRA) as a preferred insurance carrier. This collaboration allows CRA members to purchase discounted workers' compensation coverage through authorized agents or directly via Cerity. The offering includes fast quotes, flexible payment plans, and effective claims management, catering to the needs of busy restaurant owners. This partnership aims to provide valuable insurance solutions to small businesses, emphasizing affordable options tailored to today's market demands.
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