• Company overview
  MEMIC is Maine’s largest and leading workers’ compensation insurer. A private mutual insurer that serves as a guaranteed market for workers’ compensation insurance for all Maine employers. The company also operates MEMIC Indemnity Company which is licensed to write workers’ comp in 45 jurisdictions across the country. Together, the companies are known as the MEMIC Group.
• President and CEO 
  John T. Leonard
• Employees
  219
• Policyholders 
  About 18,000 employers (estimated 200,000 employees) across The MEMIC Group
• 2010 written premium
  $161.1 million
• Commercial market rank in Maine in 2010
  1 
• Rank in New England in 2010
  5 
• Dividend in Maine in 2011
  $12 million
• Returned to policyholders since 1998
  $133 million
• A.M. Best rating
  “A” (Excellent) for MEMIC Group
• Average number of claims annually
  Approximately 20,000
• Average cost per lost-time workers' comp claim in Maine (NCCI)
  $24,000
• Workplace safety record in Maine
  Lost-time injuries reduced by more than 30% since 1993
• Claims service leader
  Better than 90% on-time payment benchmark

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