Quick Facts

The MEMIC Group
Maine Employers' Mutual Insurance Company (MEMIC) 
MEMIC Indemnity Company
MEMIC Casualty Company

President and CEO 
Michael P. Bourque 

Employees
450+

Policyholders 
More than 20,000 employers and their estimated 300,000 employees

2018 Written Premium 
$403 million 

Commercial Market Rank in Maine in 2018
1

Rank in Northern New England in 2018
1  

States Licensed
46 states plus D.C.

Dividend in Maine in 2018 
$22 million 

Dividends and Capital Return to Policyholders Since 1998 
$263 million

A.M. Best Rating
“A” (Excellent) for The MEMIC Group, which includes:

Maine Employers' Mutual Insurance Company
MEMIC Indemnity Company
MEMIC Casualty Company

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 50% since 1993

Claims Service Leader 
Better than 90% on-time payment benchmark

Headquarters
Portland, ME

Offices
Manchester, NH 
Albany, NY
Glastonbury, CT 
Weehawken, NJ
West Conshohocken, PA
Tysons Corner, VA
Tampa, FL

MEMIC Rated "A" (Excellent) by A.M. Best

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We Offer Workers' Comp in 46 States + D.C.

MEMIC Licensing Map