Louisiana-Based AMERISAFE Announces Management Changes

April 1, 2013

DeRidder, La.-based AMERISAFE Inc., a specialty provider of hazardous workers’ compensation insurance, has promoted G. Janelle Frost, currently the company’s chief financial officer, has been promoted to chief operating officer, effective May 15, 2013. Frost joined AMERISAFE in 1992, and has been CFO since November 2008.

Michael Grasher will succeed Frost as chief financial officer. Grasher is currently senior vice president, Capital Markets and Investor Relations of Fortegra Financial Corp., a NYSE listed insurance services company. Grasher is expected to join AMERISAFE in May 2013.

Geoff Banta, currently AMERISAFE’s president and COO, has advised the company that he intends to retire in December 2014. Banta joined the company in 2003.

Source: AMERISAFE Inc.

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