AMERISAFE Announces Appointment of Chief Investment Officer
DERIDDER, La., June 16 /PRNewswire-FirstCall/ -- AMERISAFE, Inc. (Nasdaq: AMSF), a specialty writer of high hazard workers' compensation insurance, today announced the appointment of Brendan Gau as its Executive Vice President and Chief Investment Officer. Mr. Gau, age 34, will join the company June 23, 2009.
Prior to joining AMERISAFE, Mr. Gau was employed by AIM Capital Management in Houston, Texas, which he joined in 1996 as a financial analyst. He subsequently advanced to portfolio management, ultimately becoming Senior Portfolio Manager for thirteen investment portfolios comprised of assets exceeding $4 billion.
Mr. Gau graduated magnum cum laude from Rice University in 1996 with a Bachelor of Arts, and is a CFA charter holder and member of Phi Beta Kappa.
Commenting on the hire, C. Allen Bradley, Jr., AMERISAFE's Chairman, President, and Chief Executive Officer, said, "We are very excited about Brendan's joining our management team. He comes with a broad range of experience and will significantly enhance AMERISAFE's managerial bench strength. We believe that having an officer with Brendan's background at AMERISAFE, exclusively dedicated to maximizing our portfolio returns within the bounds of our conservative investment principles, will be a great advantage to the company and its shareholders."
About AMERISAFE
AMERISAFE, Inc. is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, agriculture, logging, oil and gas, maritime and sawmills. AMERISAFE actively markets workers' compensation insurance in 30 states and the District of Columbia. The Company's financial strength rating is "A-" (Excellent) by A.M. Best.
Contacts: Janelle Frost, EVP & CFO
AMERISAFE, Inc.
337-463-9052
Ken Dennard, Managing Partner
Karen Roan, Sr.VP
DRG&E / 713-529-6600
