MEMIC Competitors, Revenue and Alternatives

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Overview

Location:
Portland, ME USA
Total Funding:N/A
Industry:Insurance
Founded:1993
Lead Investor(s):N/A
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Estimated Revenue & Financials

  • MEMIC's estimated annual revenue is currently $107.8M per year.
  • MEMIC's estimated revenue per employee is $220,000

Employee Data

  • MEMIC has 490 Employees.
  • MEMIC grew their employee count by 9% last year.
  • MEMIC currently has 1 job openings.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
Unum Group
N/A9490N/AN/A
F. A. Peabody C...
$14.7M67N/AN/A
Colonial Adjust...
$10.8M497%N/A
Varney Agency
$18.9M86N/AN/A
ClaimVantage
$17.4M7918%N/A
Sedgwick Claims
$21.1M9623%N/A
MMG Insurance C...
$47.3M215N/AN/A
MEMIC
$107.8M4909%N/A
Clark Insurance
$36.5M1664%N/A
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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

490

Number of Employees

$107.8M

Revenue (est)

1

Current Jobs

9%

Employee Growth %

N/A

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Executive Contacts

NameTitleEmail
Daniel McgarveyChief Financial OfficerEmail Available
Allan BrownErgonomist ChiefEmail Available
Margaret NoteDirector, Project Management OfficeEmail Available
Randy KlattManager, Loss Control ServicesEmail Available
Stacey FooteDirector Claims Shared ServicesEmail Available
Catherine LamsonSvp, Chief Administrative OfficerEmail Available
John MarrSr VP
Michael BourquePresident and CEOEmail Available
Beth WalkerDirector of IS Applications
Kristine GlaceManager, Business System Analysis at MEMICEmail Available

MEMIC News

24-Aug-19 - The MEMIC Group Appoints Wilson as Senior Production Underwriter in Georgia

Workers' compensation specialist The MEMIC Group has appointed Kim Wilson to the role of senior production underwriter to support ...

31-Aug-19 - Greater Portland People & Business: Aug. 28

Girl Scouts of Maine announced that Catherine Lamson, SVP and chief administrative officer of The MEMIC Group, and Quincy Hentzel, ...

19-Jun-19 - Maine Farmer Becomes Board Chair of The MEMIC Group

The MEMIC Group includes MEMIC Indemnity Company, MEMIC Casualty Company and parent company Maine Employers' Mutual Insurance ...

MEMIC Executive Hires

DateNameTitleReference
2014-05-08Tod AustinVP UnderwritingArticle
2014-10-23Roger ComerSenior Production Underwriter Northern Virginia/MarylandArticle
2016-07-15John R. YaoSVP/Chief Information OfficerArticle
2016-08-10Laurette WrightSafety Management ConsultantsArticle
2016-08-12Lynn TrowbridgeSenior Production UnderwriterArticle
2017-09-27Anthony PayneSVP External AffairsArticle
2018-08-16Susan DiffenderferSafety Management ConsultantArticle