MMG Insurance Company Revenue and Competitors

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Presque Isle, ME USA

Location

N/A

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • MMG Insurance Company's estimated annual revenue is currently $62M per year.(i)
  • MMG Insurance Company's estimated revenue per employee is $242,000

Employee Data

  • MMG Insurance Company has 256 Employees.(i)
  • MMG Insurance Company grew their employee count by 9% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$5057.7M172034%N/AN/A
#2
$580.6M18851%N/AN/A

MMG Insurance Company is a progressive, regional property/casualty insurance company that carries an A.M. Best A- (Excellent) rating. Over its history, MMG has evolved to a regional company, entering the State of Vermont in 1981, New Hampshire in 1984 and Pennsylvania in 2006. At this time, approximately 51% of our business is written in the State of Maine, 34% in New Hampshire and the remaining 15% in the State of Vermont. MMG maintains a Regional Office in Concord, New Hampshire to provide exceptional service to the agents in that state. We have gained a prominent position in the Personal Lines marketplace throughout the tri-state region by offering a wide array of products. Our unique packaging concept, known as "Portfolio", comprises approximately two-thirds of the total premium volume written by the Company. MMG also offers a variety of Commercial Lines products including Businessowner, Special Trade Contractor, Farmowner, Commercial Auto and Commercial Umbrella. Commercial Lines represents greater than 19% of the Company's premium volume and has seen significant growth in the past several years.

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N/A

Total Funding

256

Number of Employees

$62M

Revenue (est)

9%

Employee Growth %

N/A

Valuation

N/A

Accelerator