Insights

Market Leadership MEMIC is recognized as the third-largest multi-state workers' compensation insurer, indicating strong regional presence and growth potential in the workers' compensation sector, offering opportunities to expand into new markets or deepen existing relationships.

Technological Advancement The company invests in modern cloud-based infrastructure and tools, such as Cloudflare and Microsoft ASP.NET, suggesting an openness to innovative technology solutions that can enhance policy management, claims processing, and customer engagement.

Expansion & Acquisition Recent planning to acquire Rascompanies and expand partnerships demonstrates a growth strategy that can be complemented with targeted insurance products, risk management services, or related technologies to support their acquisitions.

Strong Financial Profile With a revenue range of $1 billion to $10 billion and an 'A' (Excellent) rating from A.M. Best, MEMIC offers a stable platform for new business opportunities, especially in providing specialized workers' compensation solutions to large or mid-sized employers.

Leadership & Talent Recent key hires, including COO and safety management experts, show a focus on strengthening leadership and operational capacities, opening avenues for leadership development services, consulting, or customized safety solutions to enhance their competitive advantage.

MEMIC Tech Stack

MEMIC uses 8 technology products and services including Cloudflare, jQuery, FancyBox, and more. Explore MEMIC's tech stack below.

  • Cloudflare
    Content Management System
  • jQuery
    Javascript Libraries
  • FancyBox
    Javascript Libraries
  • Cloudflare Bot Management
    Security
  • reCAPTCHA
    Security
  • Bootstrap
    UI Frameworks
  • Adobe Fonts
    Web Fonts
  • Microsoft ASP.NET
    Web Frameworks

Media & News

MEMIC's Email Address Formats

MEMIC uses at least 1 format(s):
MEMIC Email FormatsExamplePercentage
FLast@memic.comJDoe@memic.com
65%
First.Last@memic.comJohn.Doe@memic.com
27%
First_Last@memic.comJohn_Doe@memic.com
6%
First@memic.comJohn@memic.com
2%

Frequently Asked Questions

Where is MEMIC's headquarters located?

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MEMIC's main headquarters is located at 261 Commercial Street Portland, Maine 04101 United States. The company has employees across 4 continents, including North AmericaEuropeAfrica.

What is MEMIC's phone number?

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You can contact MEMIC's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is MEMIC's stock symbol?

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MEMIC is a publicly traded company; the company's stock symbol is MMIC.

What is MEMIC's official website and social media links?

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MEMIC's official website is memic.com and has social profiles on LinkedInCrunchbase.

How much revenue does MEMIC generate?

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As of February 2026, MEMIC's annual revenue is estimated to be $144M.

What is MEMIC's SIC code NAICS code?

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MEMIC's SIC code is 6331 - Fire, Marine, and Casualty Insurance NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does MEMIC have currently?

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As of February 2026, MEMIC has approximately 532 employees across 4 continents, including North AmericaEuropeAfrica. Key team members include Chief Executive Officer: S. S.Chief Information Security Officer: J. C.Chief Operating Officer: D. V. H.. Explore MEMIC's employee directory with LeadIQ.

What industry does MEMIC belong to?

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MEMIC operates in the Insurance industry.

What technology does MEMIC use?

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MEMIC's tech stack includes CloudflarejQueryFancyBoxCloudflare Bot ManagementreCAPTCHABootstrapAdobe FontsMicrosoft ASP.NET.

What is MEMIC's email format?

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MEMIC's email format typically follows the pattern of FLast@memic.com. Find more MEMIC email formats with LeadIQ.

When was MEMIC founded?

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MEMIC was founded in 1993.

MEMIC

InsuranceMaine, United States501-1000 Employees

The MEMIC Group, headquartered in Portland, Maine, is a leading super-regional workers' compensation specialty insurer. Often referred to as the "Maine Miracle" by the press, MEMIC was founded in 1993 with the goal of lowering injury rates and workers’ compensation costs for Mainers and their employers. The MEMIC Group is dedicated to improving workers’ comp through compassion, trusted partnerships, and an unwavering commitment to workforce safety. MEMIC’s professionals are located throughout the Northeast, Mid‑Atlantic, and Southeast and are licensed in all states. The MEMIC Group employs over 500 people. Rated “A” (Excellent) by A.M. Best, The MEMIC Group insures and serves more than 20,000 employers and their estimated 300,000 employees with dedicated safety and injury management service teams.

What makes MEMIC different is our commitment to partnership, safety, and compassionate care. Our values of curiosity, partnership, transparency, expertise, and conscientiousness create an environment where employees can be their authentic selves and thrive professionally. These values drive our collaborative culture, fostering strong relationships with colleagues and customers.

MEMIC is proud to be represented by a select group of independent local insurance agencies. 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.

At MEMIC, we are dedicated to ensuring our employees receive the best benefits in the industry. We offer a comprehensive package that supports work-life balance, including health, dental, life, short-term and long-term disability insurance, a 401(k), and generous paid time off. Our commitment to professional development and excellence is what we call the MEMIC difference.

Section iconCompany Overview

Headquarters
261 Commercial Street Portland, Maine 04101 United States
Phone number
Website
memic.com
SIC Code
6331 - Fire, Marine, and Casualty Insurance
Stock Symbol
MMIC
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
1993
Employees
501-1000

Section iconFunding & Financials

  • $1B$10B

    MEMIC's revenue is estimated to be in the range of $1B$10B

Section iconFunding & Financials

  • $1B$10B

    MEMIC's revenue is estimated to be in the range of $1B$10B

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