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: Mike Paquette
Executive Vice President, Chief Financial Officer
(775) 327-2562 or mpaquette@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 and services (collectively “EMPLOYERS®”) focused on small and mid-sized businesses engaged in low-to-medium hazard industries. 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, creating safer work environments.

EMPLOYERS is also proud to offer Cerity®, which is focused on providing digital-first, direct-to-consumer workers’ compensation insurance solutions with fast, and affordable coverage options through a user-friendly online platform.

EMPLOYERS operates throughout the United States, apart from four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, all rated A - (Excellent) by A.M. Best. Not all companies do business in all jurisdictions. EIG Services, Inc., and Cerity Services, Inc., are subsidiaries of Employers Holdings, Inc. EMPLOYERS® is a registered trademark of EIG Services, Inc., and Cerity® is a registered trademark of Cerity Services, Inc. For more information, please visit www.employers.com and www.cerity.com.