EMPLOYERS ® (NYSE: EIG), America's small business insurance specialist ®, will officially celebrate its 100 th anniversary on July 31, 2013. For the past century, EMPLOYERS has played a significant role in increasing workplace safety for America’s small businesses, helping them to take a strategic approach to workers’ compensation insurance and protect their most important assets, their people.
EMPLOYERS has experienced a unique and exceptional evolution over this period. The company originated in 1913 as Nevada’s State Fund as a means to increase workplace safety for the state’s workers and provide insurance for the state’s businesses. After a successful and industry-leading privatization in 2000, the organization transformed in 2005 into a mutual holding company, the first ever in Nevada. In 2007, EMPLOYERS demutualized and completed an initial public offering to become a publicly traded company listed on the New York Stock Exchange. The company has continually added to and expanded its operations to better meet the needs of more small businesses, as well as to increase the ease of doing business with insurance agents. Today, the company operates in 31 states and the District of Columbia.
“EMPLOYERS’ growth and evolution from a monopolistic state fund to a publicly traded company is impressive. Its 100-year anniversary is a tremendous milestone, and it couldn’t have been achieved without the support of our dedicated and talented employees, as well as our valued policyholders, agents, partners, and shareholders. Together, we have delivered on an ambitious vision,” stated Douglas D. Dirks, president and chief executive officer.
Dirks added: “I’m very proud of what we have accomplished as an organization and am confident of our future as we continue to help America’s small businesses succeed.”In recognition and celebration of its rich history, EMPLOYERS will host commemorative events at its Reno, Nevada headquarters and at its offices across the country on Wednesday, July 31.