MEMIC
Insurance · Maine, United States · 201-500 Employees
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Overview
Headquarters
261 Commercial St, Portland, Maine, 0410...Phone Number
(207) 791-3300Website
www.memic.comRevenue
$467.3 MillionIndustry
ZI Rank: 7
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About MEMIC
MEMIC is a leading super-regional workers' compensation specialist that has redefined workplace safety and compassionate care since its founding in 1993. Originally established as a private mutual company to stabilize the Maine insurance market, it has evolved into a national player licensed to write coverage across all 50 states. The group which includes MEMIC Indemnity and MEMIC Casualty is consistently rated "A" (Excellent) by A.M. Best for its financial stability and underwriting excellence.Explore more
MEMIC Org Chart
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How does Michael Bourque compare against Competing Companies' CEOs?
Michael Bourque
President & Chief Executive Officer at MEMIC
Top 5%
CEO effectiveness to drive business results
Excellent
66%
Good
33%
Average
0%
Poor
0%
Very Bad
0%
Good
75%Bad
25%VS.
Alan Schnitzer
CEO at Travelers
Top 10%
CEO effectiveness to drive business results
Excellent
25%
Good
50%
Average
0%
Poor
25%
Very Bad
0%
Good
71%Bad
28%
Company Profile Activity
Activity Insights
MEMIC is experiencing very low activity levels compared to other companies in the Insurance sector.
What does this means?
MEMIC is drawing exceptional interest within the Insurance industry, suggesting notable developments or strong market momentum, learn more about MEMIC.
MEMIC Tech Stack
A closer look at the technologies used by MEMIC
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Compensation & Benefits, Employee Relations, HR Operations
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Research & Development, Funding, Search, Safety, Finance, Health & Safety
MEMIC News & Media
MEMIC finalizes acquisition that broadens national reach - Mainebiz
The acquisition positions the Portland-based insurer as the nation’s third-largest multi-state workers’ compensation specialist.The MEMIC Group Closes Acquisition of The Dakota Group - Insurance Journal
The MEMIC Group announced the successful closing of its acquisition of The Dakota Group, including Risk Administration Services, Inc. and its affiliatedMEMIC Announces Research Grants for Workforce Safety and Health
The MEMIC Safety Research Center is offering up to $30,000 in grants to U.S. researchers for workplace safety and health projects. Applications are due by December 20, 2024.MEMIC, a Workers’ Comp Leader, Selects GhostDraft 360 for Enhanced Customer Communications
MEMIC selects GhostDraft for Guidewire to streamline communications management, improve customer experiences, and drive operational efficiency. WILMINGTON, DE, US, June 18, 2024 /EINPresswire.com/ -- The MEMIC Group (MEMIC), a leading workers' …
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Frequently Asked Questions Regarding MEMIC
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MEMIC is a leading super-regional workers' compensation specialist that has redefined workplace safety and compassionate care since its founding in 1993. Originally established as a private mutual company to stabilize the Maine insurance market, it has evolved into a national player licensed to write coverage across all 50 states. The group which i... Read More
