Applied Underwriters


Symbolized by the image of a hardworking St. Bernard, Applied Underwriters is an American company that offers its customers a unique blend of financial and business services. Unlike other companies, Applied Underwriters prides itself on not outsourcing its operations, and it can offer higher quality services with the guarantee that its thousands of customers are supporting an American business.

Applied Underwriters is, at its core, an insurance company which specializes in handling workman’s compensation claims, payroll processing services, and flexible risk financing. It is known for having a fast claims processing department. Its claims closures are, on average, 2.5 times faster than the industry average, allowing customers to quickly get back to business as usual.

The company offers a wide range of services including workers compensation insurance, payroll processing, risk reduction, flexible financing, pharmacy services, return-to-work programs, and a dedicated loss control department to help companies reduce the risk and eliminate potentially harmful practices.

Brief History

Applied Underwriters was co-founded by Sidney Ferenc and Steve Menzies in the San Francisco Bay Area in 1994. The small startup company initially focused on workman’s compensation claims with the goals of providing faster settlement than its competitors.

The specialization paid off, and in 2001, Applied Underwriters established an operations center in Omaha, Nebraska in order to handle more of its claims and business in-house. The expansion helped establish the company as a leader in the insurance business, and the company continued to grow at a rapid rate, even going so far as to found its own insurance carrier, California Insurance Company, in 2005.

A year later, Berkshire Hathaway, drawn by the company’s premier standing and its unique business model, purchased Applied Underwriters and its subsidiary companies for an undisclosed amount. With Berkshire’s backing, Applied Underwriters launched its own PPO health provider, Promesa Health to further expand its offerings.

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