Choosing MEMIC

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The mission of The MEMIC Group is to make workers’ comp work better with compassion, trusted partnerships, and relentless commitment to workforce safety.

Financially Strong - We're "A" (Excellent)

MEMIC is one of the premier workers’ compensation insurers in America. MEMIC is rated “A” (Excellent) by A.M. Best and holds assets of more than $1 billion dollars.

Industry Focus

  • Manufacturing
  • Hotels, Resorts, and Country Clubs
  • Retail including Restaurants and Grocery Stores
  • Private Schools, K-12, Charter Schools, Colleges and Universities
  • Insurance Companies, Financial Institutions, and Law Firms
  • Auto Dealers and Repair
  • Warehousing and Fulfillment Centers
  • Physicians and Professional Offices

Nationally Licensed Carrier

MEMIC’s professionals are located throughout the Northeast, Mid-Atlantic and Southeast and are licensed in all states. 

THE MEMIC AGENT DIFFERENCE — TRUE PARTNERSHIP 

  • MEMIC is proud to be represented by a select group of independent local agencies and brokers.
  • MEMIC does not work with wholesalers.
  • With our Champion Circle agency program, MEMIC rewards its top performing agencies with a $10,000 annual benefit program.
  • Each agency relationship is managed directly by a local Senior Production Underwriter, responsible for all new and renewal business.
  • Loss Control, Claims, and Premium Audit services are all provided by local MEMIC team members.
  • 24/7 Injury Triage Services can reduce claims by more than 50%.
  • Customers improve cash flow with “Comp-As-You-Go.”

Quick Facts

  • A.M. Best Rated
    "A" (Excellent)
  • President and CEO
    Michael Bourque
  • Employees
    500
  • Policyholders
    More than 21,000
  • 2020 written premium
    $398 million
  • 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

AM Best

Guide to Best’s Credit Ratings

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