Employers Insurance Company of Wausau · Wausau, WI United States
Company Description
Phone: 715-845-5211
Fax: 715-847-8740
Toll Free: 800-435-4401
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This link will open in a new window Blessed are the cheese makers, for they shall one day inherit the earth. And if they get hurt on the job, they can get help from the company that put Wausau, Wisconsin, on the map. Employers Insurance Company of Wausau, a subsidiary of Liberty Mutual , offers workers' compensation, commercial auto, general liability, and other commercial insurance to companies across the US. The company sells primarily through independent agents and brokers, targeting middle market companies. In addition to selling insurance coverage, it provides loss prevention and claims management services to help clients control costs.
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Key Employers Insurance Company of Wausau Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.0 |
| Employees | 3,500 |
Employers Insurance Company of Wausau Executives
32 executives listed for Employers Insurance Company of Wausau's Wausau, WI location.
| Title | Name & Bio | Contact |
| President and COO | Susan Doyle | Network |
| EVP Field Operations | Michael Parker | Network |
| SVP and General Manager, Eastern Division | Eugene Kelly | Network |
Competition
Competitive Landscape for Employers Insurance Company of Wausau
Demand is driven by demographics and commercial transactions. Demand is also driven by legal or financial requirements. Consumers are usually required by states to buy auto insurance and by lenders to buy homeowners insurance, for example. The profitability of individual companies depends on effective marketing and on the ability to accurately estimate future payments. Large companies have big economies of scale in administration and in access to capital, as well as advertising and marketing. Small companies can compete successfully by specializing in particular products or industries. Average annual revenue per worker is around $400,000, so the industry is not labor-intensive. In the late 2000s recession, insurers saw revenues decline sharply when their investment portfolios lost value after the market fell. Insurance carriers rely heavily on their investment portfolios, which is where they invest premiums collected until they are needed to pay claims or benefits. In addition, deregulation of the insurance and financial services industries led to increased risk taking that hurt insurers' credit ratings. Insurance giant AIG was forced to accept $150 billion in government loans to stave off bankruptcy that was brought on by its overexposure to credit default swaps. Federal government bailouts have primarily targeted banks. Aside from AIG, insurance companies have not been as hard hit by the subprime mortgage meltdown. But some insurance companies are seeking relief from state regulators to allow them to operate with less capital. Other insurance companies are buying financial institutions to qualify for federal aid. To read the full description, subscribe now.Top Employers Insurance Company of Wausau Competitors
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