What’s it all about? In 1992, Maine’s workers’ compensation system was in crisis and its insurance market near collapse. As part of a statutory reform that year, the Maine Legislature created Maine Employers’ Mutual Insurance Company. Now known as MEMIC, the company was quickly dubbed a “Maine Miracle” and is widely credited with stabilizing the system in Maine. Twenty-five years later, its original mission remains intact, and it has expanded both geographic reach and product line while remaining true to the original core value of workplace safety. CEO Michael Bourque and Chief Administrative Officer Catherine Lamson join the breakfast conversation this morning to share a bit about the company (now with almost 500 employees) and more on how HR plays a key role in the maintenance of their original mission, company culture, and the evolution of their business portfolio.
Why you’ll want to participate in this session.
- Discover how two company executives joined in the development of MEMIC’s early business model, and how in their new positions they are aligning HR to help drive a re-imagined business plan that honors the company’s mission while at the same time projects for the market of the future.
- Learn how they are encouraging progressive business and HR practices in an industry noted for its conservative business bent, and observe how they respond to internal and external pressures such as social media policy and cyber security.
- Witness how they strategically craft and use employee surveys and engagement groups to ensure that HR strategy matches the organization’s broader strategy, and see how they use the data from those processes to drive training and retention.
Approved for SHRM Credit and HRCI Business Credit.