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MEMIC main competitors are Argonaut Insurance Company, Texas Mutual Insurance, and The Travelers Companies.

Competitor Summary. See how MEMIC compares to its main competitors:

  • Chubb has the most employees (31,000).
  • Employees at Argonaut Insurance Company earn more than most of the competitors, with an average yearly salary of $68,848.
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MEMIC vs competitors

CompanyFounding dateZippia scoreHeadquarters# of LocationsRevenueEmployees
1993
4.0
Portland, ME10$159.1M200
1882
4.3
-7$36.0B31,000
1853
4.4
New York, NY3$231.7M30,800
-
4.1
Lexington, KY1$165.5M163
1914
4.3
Salem, OR2$47.0M50
1914
4.6
Albany, NY1$106.8M2,400
1914
4.2
Pleasanton, CA3$24.0M350
1991
4.8
Austin, TX2$1.1B999
1915
4.6
Denver, CO1$680.0M756
1911
4.4
Manchester, NH1$550.0M750
1998
4.2
San Diego, CA1$300.0M113
1985
4.5
DeRidder, LA1$338.4M436
1752
4.1
Philadelphia, PA3$1.3B1,500
1981
4.3
--$16.0M90
1990
4.0
Chicago, IL34$10.5M10,000
1896
4.5
Morristown, NJ5$1.7B1,345
-
4.2
Pewaukee, WI1$17.7M50
1997
4.2
Saint Louis, MO1$1.5B1,690
1948
4.3
Redwood City, CA1$1.6B1,515
1975
4.6
Boston, MA1$60.0M650
1933
3.8
Oklahoma City, OK1$32.0M350

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MEMIC salaries vs competitors

Among MEMIC competitors, employees at Argonaut Insurance Company earn the most with an average yearly salary of $68,848.

Compare MEMIC salaries vs competitors

CompanyAverage salaryHourly salarySalary score
MEMIC
$59,434$28.57-
Chubb
$65,349$31.42-
The Travelers Companies
$66,351$31.90-
KEMI
$56,286$27.06-
SAIF
$54,743$26.32-
New York State Insurance Fund
$49,193$23.65-

Compare MEMIC job title salaries vs competitors

CompanyHighest salaryHourly salary
MEMIC
$57,075$27.44
Chubb
$68,391$32.88
The Travelers Companies
$63,472$30.52
Texas Mutual Insurance
$59,856$28.78
AMERISAFE
$58,811$28.27
Pinnacol Assurance
$56,421$27.13
Kemper
$56,169$27.00
KEMI
$55,058$26.47
SAIF
$54,650$26.27
State Fund
$54,545$26.22
General Accident Insurance
$54,356$26.13
New York State Insurance Fund
$54,339$26.12
Argonaut Insurance Company
$54,297$26.10
CompSource Mutual Insurance
$53,499$25.72
Preferred Employers Insurance
$53,427$25.69
Coverys
$53,348$25.65
General American Mutual Holding Company
$53,232$25.59
The Philadelphia Contributionship
$52,935$25.45
TIG Insurance Company
$52,599$25.29
Crum & Forster
$52,502$25.24

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MEMIC demographics vs competitors

Compare gender at MEMIC vs competitors

Job titleMaleFemale
MEMIC39%61%
AMERISAFE45%55%
Kemper46%54%
Crum & Forster53%47%
The Travelers Companies54%46%
Argonaut Insurance Company58%42%

Compare race at MEMIC vs competitors

CompanyWhiteHispanic or LatinoBlack or African AmericanAsianUnknownDiversity score
83%6%4%5%3%
6.5
62%10%21%4%3%
7.5
64%13%12%8%4%
9.8
64%13%11%9%4%
9.8
53%18%11%14%4%
8.1
63%15%12%7%3%
9.9

MEMIC and similar companies CEOs

CEOBio
Joseph P. Lacher Jr
Kemper

Joseph P. Lacher, Jr. has served as President and Chief Executive Officer of the Company since November 2015. Mr. Lacher previously served in other senior executive roles in the insurance industry. From November 2009 to July 2011, Mr. Lacher was President of Allstate Protection, a unit of Allstate Corporation, where he led the company’s property and casualty offerings serving more than seventeen million American households. Prior to Allstate, Mr. Lacher spent eighteen years at The Travelers Companies, Inc., most recently serving as Executive Vice President - Personal Insurance from 2002 to 2009 and additionally as Executive Vice President - Select Accounts from 2006 to 2009.

Alan D. Schnitzer
The Travelers Companies

Marc is chairman and CEO of Crum & Forster, a national insurance group consisting of insurance companies and agencies that provide a wide range of specialty and standard insurance products and services. C&F operates using four major brand names: Crum & Forster, Fairmont Specialty, Seneca, and CoverXSpecialty. The firm is noted for its robust platform with 19 significant business units writing $1.7 billion of premium. C&F recently acquired The Redwoods Group, a unique and mission-driven B Corporation (which meets rigorous standards of social accountability and transparency) that offers insurance and consulting services to YMCAs, Jewish Community Centers, and residential and day camps throughout the country. C&F has 1800 employees in 54 locations and conducts business through independent agents, brokers, and wholesalers, focusing on property and casualty insurance, as well as accident & health. The firm offers products and services ranging from environmental to umbrella & excess liability, from propane & petroleum to office buildings, from pet health to bail bonds, and from homeowners' coverage in Hawaii to lawyers' professional liability. Crum & Forster is part of Fairfax Financial Holdings Limited, which is traded on the Toronto stock exchange (FFH.TO). Marc has been a member of the Fairfax organization since 2000. Prior to his current role, he held leadership positions in three of C&F's operating units - as president and CEO of Fairmont Specialty, Seneca, and CoverXSpecialty.

Philip Kalin (Phil)
Pinnacol Assurance

Philip 'Phil' Kalin is a President/CEO at Pinnacol Assurance. He has worked as President/CEO at Center for Improving Value in Health Care (CIVHC).

Chip Terhune
SAIF

Richard Gergasko
Texas Mutual Insurance

Richard Gergasko is a President/CEO at Texas Mutual Insurance Company and is based in Austin, Texas. He has experience at MBA Holdings Group and Crum & Foster Insurance and has worked as Executive Vice President at Eagle Pacific Insurance Company; Exec VP:Operations at SEABRIGHT HOLDINGS, INC.; and President/COO at SEABRIGHT HOLDINGS, INC.. Richard works or has worked as FELLOW at Casualty Actuarial Society and MEMBER at American Academy Of Actuaries. He attended Rutgers University between 1976 and 1980.

Evan G. Greenberg
Chubb

Evan G. Greenberg was elected as our Chairman of the Board in May 2007. We appointed Mr. Greenberg as our President and Chief Executive Officer in May 2004 and as our President and Chief Operating Officer in June 2003. In April 2002, Mr. Greenberg was appointed to the position of Chief Executive Officer of ACE Overseas General. Mr. Greenberg joined the Company as Vice Chairman, ACE Limited, and Chief Executive Officer of ACE Tempest Re in November 2001. Prior to joining ACE, Mr. Greenberg was President and Chief Operating Officer of AIG, from 1997 until 2000. From 1975 until 1997, Mr. Greenberg held a variety of senior management positions at AIG, including President and Chief Executive Officer of AIU, AIG’s foreign general insurance organization. From 2011 to 2016, Mr. Greenberg was a member of the Board of Directors of The Coca-Cola Company, where he was Chairman of the Audit Committee and a member of the Finance Committee. Mr. Greenberg is Chair of the US-China Business Council, Vice Chair of the National Committee on United States-China Relations, Chairman Emeritus of the US-ASEAN Business Council, and serves on the board of the Council of the Americas. He serves on the Center for Strategic & International Studies (CSIS) Southeast Asia Advisory Board and is a member of the Council on Foreign Relations and the Atlantic Council’s International Advisory Board. Mr. Greenberg is also an overseer of the International Rescue Committee.

Vernon Steiner
State Fund

Jon Stewart
KEMI

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