Paychex and EMPLOYERS® Join to Provide Workers’ Compensation Insurance to Small Business Market

RENO, Nev.– October 09, 2012 –EMPLOYERS^®, America’s small business insurance specialist^®, has entered into an agreement with Paychex Insurance Agency, Inc. This agreement will provide small businesses the opportunity to acquire and pay for workers’ compensation insurance when they process payroll through Paychex.

The Program will be available in 2013 in all 31 states in which EMPLOYERS does business as well as the District of Columbia.

Required by law in nearly every state, workers’ compensation insurance plays an important role in helping protect businesses and their most valuable asset – their employees. Committed to serving the needs of America’s small businesses, both Paychex and EMPLOYERS continuously seek to deliver solutions that enable small businesses to thrive, making this strategic partnership a natural fit.

For more information, small businesses can call 1-877-266-6850 or visit paychexinsurance.com.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex®. Human resource services include 401(k) plan recordkeeping, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. A variety of business insurance products, including group health and workers’ compensation, are made available through Paychex Insurance Agency, Inc. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 567,000 payroll clients as of May 31, 2012. For more information about Paychex and our products, visit www.paychex.com.

Contact Information

Media Contact: Kimberly Eye
Vice President, Marketing & Communications
(702) 671-7391 or keye@employers.com

Investor Relations Contact: Michael Pedraja
Executive Vice President, Chief Financial Officer
(775) 327-2706 or mpedraja@employers.com

About Employers Holdings, Inc.

Employers Holdings, Inc. (NYSE: EIG), is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance, excess workers’ compensation, and related services (collectively “EMPLOYERS”) focused on small and mid-sized businesses engaged in lower hazard industries with its guaranteed cost product and self-insured enterprises with its excess workers compensation product. EMPLOYERS leverages over a century of experience to deliver comprehensive coverage solutions that meet the unique needs of its customers. Drawing from its long history and extensive knowledge, EMPLOYERS empowers businesses by protecting their most valuable asset – their employees – through exceptional claims management, loss control, and risk management services, to help businesses create safer work environments.

Excess workers’ compensation insurance is offered through Employers Assurance Company, rated A (Excellent) by the A.M. Best Company. Excess workers’ compensation coverage is not currently available in all jurisdictions. Go to https://www.employers.com/excess for more information regarding this product offering. EMPLOYERS® and America’s Workers’ Comp Specialist® are registered trademarks of EIG Services, Inc., a subsidiary of Employers Holdings, Inc.