Pioneering Greater Coverage
ESI is the nation’s only multi-state provider of excess share insurance for credit unions. Headquartered in Dublin, Ohio, ESI is a wholly-owned subsidiary of American Share Insurance (ASI), a credit union-owned private deposit insurer founded in 1974 by credit unions, for credit unions.
ASI first pioneered the concept of excess share insurance in 1981. As demand grew, ASI found it necessary to organize and charter a more standardized insurance company. In 1993, ESI was chartered by the Ohio Department of Insurance. Over the following years, ESI gradually expanded its reach by securing licensure by state insurance departments in 32 states and the District of Columbia.