Insights

Industry Leadership MEMIC is a leading workers' compensation specialty insurer with a focus on lowering injury rates and workers' compensation costs. This positions MEMIC as a trusted partner for businesses looking to improve workforce safety and reduce operating expenses.

Geographical Reach With professionals located throughout the Northeast, Mid‑Atlantic, and Southeast and licensed in all states, MEMIC has a broad geographic footprint. This geographical reach presents an opportunity for businesses with multi-state operations looking for a single insurer across regions.

Strong Financial Standing Rated 'A' (Excellent) by A.M. Best, MEMIC's financial stability provides reassurance to potential clients. Businesses seek insurers with solid financial health, making MEMIC an appealing choice for those prioritizing stability and reliability.

Comprehensive Benefits Package MEMIC's comprehensive employee benefits package, including health, dental, life, and disability insurance, along with a 401(k) and generous paid time off, showcases a commitment to employee well-being. This emphasis on a healthy work-life balance can resonate with businesses valuing employee satisfaction and retention.

Tech-Driven Solutions MEMIC employs a modern tech stack including DNN, jQuery, and Bootstrap among others. Businesses looking for insurers leveraging technology for streamlined processes and enhanced services may find MEMIC's tech-driven approach appealing. The adoption of tech tools can signal MEMIC's readiness to meet the digital needs of forward-thinking clients.

MEMIC Tech Stack

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

  • DNN
    Content Management System
  • Mustache
    Javascript Frameworks
  • jQuery
    Javascript Libraries
  • jQuery UI
    Javascript Libraries
  • Windows Server
    Operating Systems
  • reCAPTCHA
    Security
  • Bootstrap
    UI Frameworks
  • 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
66%
First.Last@memic.comJohn.Doe@memic.com
27%
First_Last@memic.comJohn_Doe@memic.com
5%
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 St. Portland, ME 04101 US. The company has employees across 5 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 +1-207-791-3300. 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 LinkedIn.

How much revenue does MEMIC generate?

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As of September 2024, MEMIC's annual revenue reached $75M.

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 524126 - Direct Property and Casualty Insurance Carriers.

How many employees does MEMIC have currently?

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As of September 2024, MEMIC has approximately 507 employees across 5 continents, including North AmericaEuropeAfrica. Key team members include Chief Information Security Officer: J. C.Chief Operating Officer: D. V. H.Chief Ergonomist: A. B.. 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 DNNMustachejQueryjQuery UIWindows ServerreCAPTCHABootstrapMicrosoft ASP.NET.

What is MEMIC's email format?

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

When was MEMIC founded?

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MEMIC was founded in 1993.
MEMIC

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 St. Portland, ME 04101 US
Phone number
+1-207-791-3300
Website
memic.com
SIC Code
6331 - Fire, Marine, and Casualty Insurance
Stock Symbol
MMIC
NAICS Code
524126 - Direct Property and Casualty Insurance Carriers
Founded
1993
Employees
501-1000

Section iconMedia & News

Section iconFunding & Financials

  • $50M$100M

    MEMIC's revenue is in the range of $50M$100M

Section iconFunding & Financials

  • $50M$100M

    MEMIC's revenue is in the range of $50M$100M

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