MEMIC Wins Award From ACORD for Agent Technology Implementation
PORTLAND, Maine, June 2, 2010 – International insurance standard organization ACORD cited MEMIC with its "round trip of data" award at its annual international technology forum last week.
John Leonard, MEMIC President and CEO, as well as Gary Baxter, senior vice president and Chief Information Officer, were on hand to accept the award.
The award was given to MEMIC for its effort to make seamless the upload and download of data to, and from, an insurance agent's agency management system. With recent updates to MEMIC QuickComp, an agent can now enter information to get a quote from MEMIC and then follow through to bind and issue the policy from their system.
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Specializing in workers' compensation insurance, MEMIC insures nearly 20,000 employers and their estimated 200,000 employees. Based in the Northeast, MEMIC is the leading workers' compensation insurer in Maine through Maine Employers Mutual Insurance Company which is rated A (Excellent) by A.M. Best. The company is the parent of MEMIC Indemnity Company, rated A (Excellent) by A.M. Best, with offices in Manchester, NH; Glastonbury, CT; and Albany, NY. MEMIC Indemnity Company is licensed to write workers' compensation in 45 states plus the District of Columbia.