May 26, 2018

AMERISAFE Director Austin Young to Retire

DeRidder, LA – AMERISAFE, Inc. (Nasdaq:AMSF) recently announced that Austin P. Young III will retire from AMERISAFE’s Board of Directors following the Company’s annual meeting of shareholders on June 9, 2017.

Mr. Young joined the Board in connection with AMERISAFE’s initial public offering in November 2005.

Jared Morris, the Company’s Chairman, said, “Austin and I have served on the Board since the company went public 12 years ago. His leadership as a Board member and as Audit Committee Chair has been instrumental, especially in our early years as a public company. The Board wants to thank Austin for his years of service to AMERISAFE.”

Janelle Frost, AMERISAFE’s President and Chief Executive Officer, said, “I was fortunate to work closely with Austin both as CFO and in my current role. I am personally grateful for his guidance and support. On behalf of our employees, I also want to thank Austin for his years of service to the Company.”


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