Choosing MEMIC

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The mission of The MEMIC Group is to make workers’ comp work better with compassion, trusted partnerships, and relentless commitment to workforce safety.

Financially Strong - We're "A" (Excellent)

MEMIC is one of the premier workers’ compensation insurers in America. MEMIC is rated “A” (Excellent) by A.M. Best and holds assets of more than $1 billion dollars.

Industry Focus

  • Manufacturing
  • Hotels, Resorts, and Country Clubs
  • Retail including Restaurants and Grocery Stores
  • Private Schools, K-12, Charter Schools, Colleges and Universities
  • Insurance Companies, Financial Institutions, and Law Firms
  • Auto Dealers and Repair
  • Warehousing and Fulfillment Centers
  • Physicians and Professional Offices

Nationally Licensed Carrier

MEMIC’s professionals are located throughout the Northeast, Mid-Atlantic and Southeast and are licensed in all states. 


  • MEMIC is proud to be represented by a select group of independent local agencies and brokers.
  • MEMIC does not work with wholesalers.
  • With our Champion Circle agency program, MEMIC rewards its top performing agencies with a $10,000 annual benefit program.
  • Each agency relationship is managed directly by a local Senior Production Underwriter, responsible for all new and renewal business.
  • Loss Control, Claims, and Premium Audit services are all provided by local MEMIC team members.
  • 24/7 Injury Triage Services can reduce claims by more than 50%.
  • Customers improve cash flow with “Comp-As-You-Go.”

Quick Facts

  • A.M. Best Rated
    "A" (Excellent)
  • President and CEO
    Michael Bourque
  • Employees
  • Policyholders
    More than 20,000
  • 2020 written premium
    $398 million
  • Headquarters
    Portland, ME
    Manchester, NH
    Albany, NY
    Glastonbury, CT
    Tampa, FL

MEMIC Rated "A" (Excellent) by A.M. Best

AM Best

Guide to Best’s Credit Ratings

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