In the Q2, Amerisafe Inc 's corporate clients experienced a reduction by -9.48 % in their costs of revenue, compared to a year ago, sequentially costs of revenue were trimmed by -10.03 %. During the corresponding time, Amerisafe Inc recorded a revenue increase by 13.42 % year on year, sequentially revenue grew by 14.83 %. While revenue at the Amerisafe Inc 's corporate clients recorded rose by 15.75 % year on year, sequentially revenue grew by 17.17 %.
Customers of Amerisafe Inc saw their costs of revenue decrease by -9.48 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -10.03 %, for the same period Amerisafe Inc recorded revenue increase by 13.42 % year on year, sequentially revenue grew by 14.83 %.
Amerisafe Inc's Comment on Sales, Marketing and Customers
We provide workers’ compensation insurance primarily to employers in
the following targeted hazardous industries:
Construction. Includes a broad range of operations such as highway and bridge
construction, building and maintenance of pipeline and powerline networks, excavation,
commercial construction, roofing, iron and steel erection, tower erection and
numerous other specialized construction operations.
Trucking. Includes a broad spectrum of diverse operations including contract
haulers, regional and local freight carriers, special equipment transporters
and other trucking companies that conduct a variety of short- and long-haul
operations.
Manufacturing. Includes a diverse group of policyholders’ businesses such
as the production of goods for use or sale using labor and machines, tools,
chemical and biological processing or formulation.
Agriculture. Includes crop maintenance and harvesting, grain and produce operations,
nursery operations, meat processing, and livestock feed and transportation.
Oil and Gas. Includes various oil and gas activities including gathering, transportation,
processing, production, and field service operations.
Logging. Includes tree harvesting operations ranging from labor intensive chainsaw
felling and trimming to sophisticated mechanized operations using heavy equipment.
Maritime. Includes ship building and repair, pier and marine construction, inter-coastal
construction, and stevedoring.
Amerisafe Inc’s Comment on Sales, Marketing and Customers
We provide workers’ compensation insurance primarily to employers in
the following targeted hazardous industries:
Construction. Includes a broad range of operations such as highway and bridge
construction, building and maintenance of pipeline and powerline networks, excavation,
commercial construction, roofing, iron and steel erection, tower erection and
numerous other specialized construction operations.
Trucking. Includes a broad spectrum of diverse operations including contract
haulers, regional and local freight carriers, special equipment transporters
and other trucking companies that conduct a variety of short- and long-haul
operations.
Manufacturing. Includes a diverse group of policyholders’ businesses such
as the production of goods for use or sale using labor and machines, tools,
chemical and biological processing or formulation.
Agriculture. Includes crop maintenance and harvesting, grain and produce operations,
nursery operations, meat processing, and livestock feed and transportation.
Oil and Gas. Includes various oil and gas activities including gathering, transportation,
processing, production, and field service operations.
Logging. Includes tree harvesting operations ranging from labor intensive chainsaw
felling and trimming to sophisticated mechanized operations using heavy equipment.
Maritime. Includes ship building and repair, pier and marine construction, inter-coastal
construction, and stevedoring.
Sources:
Amerisafe Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Amerisafe Inc’s corporate clients.
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