AMERISAFE Management
Management criteria checks 2/4
AMERISAFE's CEO is Gerry Frost, appointed in Sep 2013, has a tenure of 11.33 years. total yearly compensation is $2.10M, comprised of 34.2% salary and 65.8% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth €4.79M. The average tenure of the management team and the board of directors is 9.3 years and 9.6 years respectively.
Key information
Gerry Frost
Chief executive officer
US$2.1m
Total compensation
| CEO salary percentage | 34.2% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.5% |
| Management average tenure | 9.3yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$61m |
| Jun 30 2024 | n/a | n/a | US$57m |
| Mar 31 2024 | n/a | n/a | US$62m |
| Dec 31 2023 | US$2m | US$719k | US$62m |
| Sep 30 2023 | n/a | n/a | US$64m |
| Jun 30 2023 | n/a | n/a | US$65m |
| Mar 31 2023 | n/a | n/a | US$56m |
| Dec 31 2022 | US$2m | US$698k | US$56m |
| Sep 30 2022 | n/a | n/a | US$38m |
| Jun 30 2022 | n/a | n/a | US$46m |
| Mar 31 2022 | n/a | n/a | US$64m |
| Dec 31 2021 | US$2m | US$681k | US$66m |
| Sep 30 2021 | n/a | n/a | US$91m |
| Jun 30 2021 | n/a | n/a | US$95m |
| Mar 31 2021 | n/a | n/a | US$95m |
| Dec 31 2020 | US$2m | US$678k | US$87m |
| Sep 30 2020 | n/a | n/a | US$92m |
| Jun 30 2020 | n/a | n/a | US$90m |
| Mar 31 2020 | n/a | n/a | US$84m |
| Dec 31 2019 | US$2m | US$630k | US$93m |
| Sep 30 2019 | n/a | n/a | US$77m |
| Jun 30 2019 | n/a | n/a | US$76m |
| Mar 31 2019 | n/a | n/a | US$75m |
| Dec 31 2018 | US$2m | US$523k | US$72m |
Compensation vs Market: Gerry's total compensation ($USD2.10M) is above average for companies of similar size in the German market ($USD1.41M).
Compensation vs Earnings: Gerry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Gerry Frost (53 yo)
11.3yrs
Tenure
US$2,100,168
Compensation
Ms. Gerry Janelle Frost has been Chief Executive Officer since April 1, 2015 and President since September 03, 2013 of AMERISAFE Inc and American Interstate Insurance Company of Texas. She has been a Direc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.3yrs | US$2.10m | 0.52% € 4.8m | |
| Executive VP & CFO | 2.3yrs | US$1.45m | 0.019% € 173.8k | |
| Executive VP | 12.7yrs | US$711.44k | 0.094% € 861.4k | |
| Executive VP & Chief Sales Officer | 1.5yrs | US$1.30m | 0.0063% € 57.7k | |
| Executive VP & Chief Risk Officer | 15.3yrs | US$780.49k | 0.13% € 1.2m | |
| Senior Vice President of Claims Operations | 24.3yrs | no data | no data | |
| Senior Vice President of Policyholder Services | 7.2yrs | no data | no data | |
| Senior VP & Controller | 13yrs | no data | no data | |
| Senior Vice President of Underwriting Operations | 2.5yrs | no data | no data | |
| Senior Vice President of Safety Operations | 1.3yrs | no data | no data |
9.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: A3I's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.8yrs | US$2.10m | 0.52% € 4.8m | |
| Independent Director | 4.8yrs | US$134.99k | 0.075% € 693.5k | |
| Independent Director | 15yrs | US$149.99k | 0.12% € 1.1m | |
| Independent Director | 9yrs | US$137.49k | 0.053% € 484.8k | |
| Independent Director | 2.8yrs | US$129.99k | 0.026% € 236.1k | |
| Independent Chairman | 19.3yrs | US$187.49k | 0.43% € 4.0m | |
| Independent Director | 17.8yrs | US$144.99k | 0.078% € 719.4k | |
| Independent Director | 10.2yrs | US$149.99k | 0.062% € 569.6k |
9.6yrs
Average Tenure
59yo
Average Age
Experienced Board: A3I's board of directors are considered experienced (9.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 05:48 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AMERISAFE, Inc. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Farnam | Boenning & Scattergood, Inc. |
| Randolph Binner | B. Riley Securities, Inc. |
| null null | Burkenroad Reports |