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MEMIC

MEMIC Revenue

InsuranceFlag of USPortland, Maine, United States501-1000 Employees

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MEMIC revenue & valuation

Annual revenue$300,000,000
Revenue per employee$565,000
Estimated valuation?$960,000,000
Total fundingNo funding

Key Contacts at MEMIC

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Genise Thomas

Director, Training And Talent Development

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Robb Atkinson

Director Of Marketing / Public Relations

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Bryan Kotlyar

Director Of Software Engineering

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Greg Ireland

Director Of It Infrastructure

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Lindsey Archila

Director, Premium Audit

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Jared Payton

Sr. Director, Claim Services

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Jason Ennis

Director, Architecture & Innovation

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Ashley Fuller

Director, Underwriting Operations

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Lara Heal

Senior Director, Managed Care Services

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Jeannette Carr

Senior Director Claims

Company overview

Headquarters261 Commercial St., Portland, ME 04101, US
Phone number+18557786111
Website
NAICS52
SIC633
Founded1993
Employees501-1000
Socials

MEMIC Email Formats

MEMIC uses 5 email formats. The most common is {first initial}{last name} (e.g., jdoe@memic.com), used 40.2% of the time.

FormatExamplePercentage
{first initial}{last name}
jdoe@memic.com
40.2%
{first name}{last name}
johndoe@memic.com
36.7%
{first name}.{last name}
john.doe@memic.com
15.5%
{last name}{last name}
doedoe@memic.com
3.4%
{first initial}.{last name}
j.doe@memic.com
1.9%

About MEMIC

The MEMIC Group, headquartered in Portland, Maine, is a leading super-regional workers' compensation specialty insurer. Often referred to as the "Maine Miracle" by the press, MEMIC was founded in 1993 with the goal of lowering injury rates and workers’ compensation costs for Mainers and their employers. The MEMIC Group is dedicated to improving workers’ comp through compassion, trusted partnerships, and an unwavering commitment to workforce safety. MEMIC’s professionals are located throughout the Northeast, Mid‑Atlantic, and Southeast and are licensed in all states. The MEMIC Group employs over 500 people. Rated “A” (Excellent) by A.M. Best, The MEMIC Group insures and serves more than 20,000 employers and their estimated 300,000 employees with dedicated safety and injury management service teams. What makes MEMIC different is our commitment to partnership, safety, and compassionate care. Our values of curiosity, partnership, transparency, expertise, and conscientiousness create an environment where employees can be their authentic selves and thrive professionally. These values drive our collaborative culture, fostering strong relationships with colleagues and customers. MEMIC is proud to be represented by a select group of independent local insurance agencies. 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. At MEMIC, we are dedicated to ensuring our employees receive the best benefits in the industry. We offer a comprehensive package that supports work-life balance, including health, dental, life, short-term and long-term disability insurance, a 401(k), and generous paid time off. Our commitment to professional development and excellence is what we call the MEMIC difference.

Employees by Management Level

Total employees: 501-1000

Seniority

Employees

Entry
Manager
Senior

Employees by Department

MEMIC has 250 employees across 13 departments.

Departments

Number of employees

Funding Data

Explore MEMIC's funding history, including investment rounds, total capital raised, and key backers.

Funding Date
Round
Amount
Link to Article
2021-05-287N/A

Funding Insights

1

Number of funding rounds

MEMIC Tech Stack

Discover the technologies and tools that power MEMIC's digital infrastructure, from frameworks to analytics platforms.

Modernizr

Modernizr

JavaScript libraries

reCAPTCHA

reCAPTCHA

Security

Windows Server

Windows Server

Operating systems

Slick

Slick

JavaScript libraries

Google Maps

Google Maps

Maps

Cloudflare

Cloudflare

CDN

Monsido

Monsido

Accessibility

jQuery

jQuery

JavaScript libraries

Apple iCloud Mail

Apple iCloud Mail

Webmail

Google Analytics

Google Analytics

Analytics

Microsoft ASP.NET

Microsoft ASP.NET

Web frameworks

Adobe Fonts

Adobe Fonts

Font scripts

Frequently asked questions

MEMIC is located in Portland, Maine, US.
You can reach MEMIC at +18557786111.
MEMIC generates an estimated annual revenue of $300,000,000. This revenue figure reflects the company's market position and business performance in its industry.
MEMIC has an estimated valuation of $960,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
MEMIC was founded in 1993, making it 33 years old. The company has established itself as a significant player in its industry over this time.
MEMIC has approximately 501-1000 employees. The company continues to grow its workforce to support its business operations and expansion.

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40,000 users

top 50
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