Name | Value |
---|---|
Revenues | 75.8M |
Cost of Revenue | 14.5M |
Gross Profit | 61.3M |
Operating Expense | 20.4M |
Operating I/L | 13.7M |
Other Income/Expense | 0.0M |
Interest Income | 0.0M |
Pretax | 13.7M |
Income Tax Expense | 2.8M |
Net Income/Loss | 11.0M |
AMERISAFE, Inc. is an insurance holding company specializing in underwriting workers' compensation insurance for small to mid-sized employers in hazardous industries. The company's policies provide coverage for temporary or permanent disability, death, and medical and hospital expenses for injured employees. AMERISAFE generates revenue by collecting premiums from its policyholders in exchange for providing insurance coverage for workplace injuries. The company's target industries include construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime, where it offers tailored insurance solutions to mitigate the financial risks associated with workplace accidents.