Insights

Growth momentum MEMIC is a growing multi-state workers' compensation specialist with recent hires across loss control, underwriting and technology roles, indicating ongoing expansion and capacity to take on more accounts and larger risk profiles.

Strategic partnerships The company expanded its Champion Circle partner network with AssuredPartners, USI and Insurance Marketing Agencies, suggesting a receptive channel strategy that could be leveraged to cross-sell coverages, services, and risk management solutions.

Safety and risk management focus With active additions to loss control staff and a long-standing mission to reduce injury rates, MEMIC emphasizes robust loss control and claims services, creating opportunities to offer enhanced safety programs, training, and technology-enabled injury prevention tools.

Technology modernization Investments in software engineering leadership and a modern tech stack (iCIMS, Sitecore, Adobe Experience Cloud, DocuSign, Dynatrace) signal a platform-ready approach that can support digital onboarding, analytics, and customer self-service for larger employer groups.

Regional footprint Headquartered in Portland with professionals across the Northeast, Mid-Atlantic, and Southeast positions MEMIC to pursue regional growth opportunities, mid-market to large employer targets, and tailored risk management solutions in diverse state markets.

Similar companies to MEMIC

MEMIC Tech Stack

MEMIC uses 8 technology products and services including iCIMS, Sitecore, Adobe Experience Cloud, and more. Explore MEMIC's tech stack below.

Media & News

MEMIC's Email Address Formats

MEMIC uses at least 4 email formats:
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

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 LinkedIn and Crunchbase.

How much revenue does MEMIC generate?

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As of August 2026, MEMIC's annual revenue is estimated to be $1B - $10B.

What is MEMIC's NAICS code?

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MEMIC's NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does MEMIC have currently?

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As of August 2026, MEMIC has approximately 549 employees across 5 continents, including North America, Europe and Africa. Key team members include Chief Executive Officer: S. S., Senior Vice President, Chief Human Resources Officer: M. L. and Partner And Marketing Director: K. M. 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 iCIMS, Sitecore, Adobe Experience Cloud, Mailchimp, DocuSign, Cisco, Dynatrace and Miro.

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.

How much funding has MEMIC raised to date?

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As of August 2026, MEMIC has raised $70M in funding. The last funding round occurred on Dec 10, 2025.

When was MEMIC founded?

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MEMIC was founded in 1993.
MEMIC logo

MEMIC

InsuranceMaine, United States501-1000 Employees

MEMIC Group is a workers’ compensation specialist insurer based in Portland, Maine, founded in 1993 to lower injury rates and costs for employers and workers. It insures more than 20,000 employers and roughly 300,000 employees through dedicated safety and injury management teams and a set of independent local agency partners. Agency relationships are managed by local senior underwriters, while loss control, claims handling, and premium audits are delivered by MEMIC staff in partnership with those local agencies.

MEMIC operates across the Northeast, Mid-Atlantic, and Southeast and is licensed in all states, positioning it as a leading super-regional insurer within the workers’ compensation field. It maintains a sizable workforce and has earned an A- (Excellent) rating from A.M. Best. In May 2026 MEMIC announced a partnership with AssuredPartners to join its Champion Circle program, expanding its agency network.

Section iconCompany Overview

Phone number
Website
memic.com
Stock Symbol
MMIC
NAICS Code
524 - Insurance Carriers and Related Activities
Founded
1993
Employees
501-1000

Section iconFunding & Financials

  • $70M

    MEMIC has raised a total of $70M of funding over 2 rounds. Their latest funding round was raised on Dec 10, 2025 as a Debt Financing.

  • $1B - $10B

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

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