MEMIC Revenue and Competitors

Portland, ME USA

Location

N/A

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • MEMIC's estimated annual revenue is currently $163.3M per year.(i)
  • MEMIC's estimated revenue per employee is $275,000

Employee Data

  • MEMIC has 594 Employees.(i)
  • MEMIC grew their employee count by 6% last year.

MEMIC's People

NameTitleEmail/Phone
1
VPReveal Email/Phone
2
SVP, Chief Financial Officer & TreasurerReveal Email/Phone
3
SVP, UnderwritingReveal Email/Phone
4
VP Human ResourcesReveal Email/Phone
5
SVP ClaimsReveal Email/Phone
6
VP UnderwritingReveal Email/Phone
7
VP - ClaimsReveal Email/Phone
8
SVP Loss ControlReveal Email/Phone
9
VP, Underwriting ComplianceReveal Email/Phone
10
VP ClaimsReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$13310M114163%$3.2MN/A
#2
$88.8M323N/AN/AN/A
#3
$10.7M540%N/AN/A
#4
$6.2M359%N/AN/A
#5
$34.6M143N/AN/AN/A
#6
$8.4M489%N/AN/A
#7
$260.3M8459%N/AN/A
#8
$12.9M6510%N/AN/A
#9
$6.5M370%N/AN/A
#10
$10.1M51-14%N/AN/A
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What Is MEMIC?

A super-regional workers compensation specialty insurer rated A (Excellent) by A.M. Best, The MEMIC Group insures more than 20,000 employers and their estimated 300,000 employees. Licensed across the country with more than $1.4 billion in assets, The MEMIC Group is a leading carrier in the Northeast with a growing profile down the Eastern Seaboard. Offices are located in New Hampshire, Connecticut, New York, New Jersey, Pennsylvania, Virginia and Florida, in addition to the headquarters in Portland, Maine. In 2018, The MEMIC Group will have written more than $400 million in premium, a growth of more than 5.5% from 2017 and part of a 70% increase over the past 5 years.

keywords:Finance,Insurance

N/A

Total Funding

594

Number of Employees

$163.3M

Revenue (est)

6%

Employee Growth %

N/A

Valuation

N/A

Accelerator

MEMIC News

2022-04-17 - MEMIC adds three regional underwriters

The MEMIC Group, a specialist in workers' compensation, has announced that it has made three new appointments to regional underwriter posts.

2022-04-13 - MEMIC elevates Fongemie to top financial role

PORTLAND – The MEMIC Group Board of Directors has approved the appointment of Eileen Moran Fongemie to the position of senior vice president...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$170.8M597N/AN/A
#2
$172.7M6065%N/A
#3
$106.2M6076%N/A
#4
$113.8M6075%N/A
#5
$35M6106%N/A