Maine Employers Mutual Insurance Revenue, Growth & Competitor Profile

DBA MAINE EMPLOYERS MUTUAL INSUANCE COMAPNY
DBA MEMIC

Company Profile & Annual Report for Maine Employers Mutual Insurance

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Maine Employers Mutual Insurance Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	5241 Insurance Carriers
Address	261 Commercial St Portland, ME 04101

Note: Revenues for privately held companies are statistical evaluations.


Maine Employers Mutual Insurance's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Maine Employers Mutual Insurance's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Maine Employers Mutual Insurance is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Maine Employers Mutual Insurance Annual Revenue and Growth Rate

Maine Employers Mutual Insurance	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2025	Over $500 million Details in Premium Report
2024
2023
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Maine Employers Mutual Insurance's revenues are gauged from an analysis of company filings.

Maine Employers Mutual Insurance's Income Statement (based on Industry Averages)

Maine Employers Mutual Insurance P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Maine Employers Mutual Insurance is developing and marketing. Maine Employers Mutual Insurance doesn't have any recent trademark applications, indicating Maine Employers Mutual Insurance is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
E-ERGO Consultation in the field of ergonomics, namely, designing workplace facilities and equipment to optimize efficiency and safety	08/24/2020
THE MEMIC GROUP Insurance services, namely, underwriting, issuance and administration of workers' compensation and employment practices liability insurance	11/29/2018
MEMIC EDGE WITH EPLI Offering, underwriting, and/or administering worker's compensation insurance with an employment practices liability insurance component	02/28/2008

See all trademarks and details in the Full Report.

Market Share of Maine Employers Mutual Insurance's Largest Competitors

A competitive analysis shows these companies are in the same general field as Maine Employers Mutual Insurance, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CENTRUM VALLEY HOLDINGS	Clarion, IA	100
ELEVANCE HEALTH	Indianapolis, IN	44
SECURIAN LIFE INSURANCE	Saint Paul, MN	33
ATH HOLDING	Indianapolis, IN	31
HUMANA	Louisville, KY	30
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	26
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUND	White Plains, NY	25
PRUDENTIAL INSURANCE	Newark, NJ	24
AMERICAN INTERNATIONAL GROUP	New York, NY	13

Nearby Competitors

These companies are similar in business line and location to Maine Employers Mutual Insurance. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
UNUM GROUP	Portland, ME	100
MAINE EMPLOYERS MUTUAL INSURANCE	Portland, ME	6
MEDICAL MUTUAL INSURANCE COMPANY OF MAINE	Portland, ME	0
MAINE INSURANCE AGENCY	Portland, ME	0

Future Competition: Maine Employers Mutual Insurance's Fastest Growing Competitors

These companies are in the same general field as Maine Employers Mutual Insurance and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)