{"url":"https://newsforagent.com/news/2026-10-27/memic-insurity-claims-champion-award","markdown_url":"https://newsforagent.com/news/2026-10-27/memic-insurity-claims-champion-award.md","title":"MEMIC Wins Insurity Claims Champion of the Year Award","headline":"MEMIC Named Claims Champion of the Year at Insurity's 2026 Excellence in AI & Insurance Awards","description":"MEMIC won Claims Champion of the Year at Insurity's 2026 Excellence in AI & Insurance awards for modernizing workers' comp claims.","section":"Business","published_at":"2026-10-27T16:33:38+00:00","modified_at":"2026-10-27T16:33:38+00:00","author":"News Desk","key_takeaways":["MEMIC was named Claims Champion of the Year at Insurity's 2026 Excellence in AI & Insurance conference.","MEMIC uses Insurity ClaimsXPress to automate data capture and reporting in its workers' compensation claims operations.","MEMIC Vice President Robyn Jackson said the platform gives claims professionals more time to support injured workers."],"companies":[{"name":"MEMIC","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0005pep/memic","website":"https://www.memic.com"},{"name":"Insurity","is_primary":false,"profile_url":"https://akta.pro/company-profiles/00025il/insurity","website":"http://www.insurity.com"}],"source":{"publisher":"Financial Post","title":"MEMIC Named Claims Champion of the Year at Insurity's 2026 Excellence in AI & Insurance Awards Ceremony","url":"https://financialpost.com/pmn/business-wire-news-releases-pmn/memic-named-claims-champion-of-the-year-at-insuritys-2026-excellence-in-ai-insurance-awards-ceremony"},"other_sources":[],"tags":["Business","MEMIC","Insurity"],"body_markdown":"MEMIC has been named Claims Champion of the Year at Insurity's 2026 Excellence in AI & Insurance conference, Insurity announced on October 27, 2026. The [Financial Post](https://financialpost.com/pmn/business-wire-news-releases-pmn/memic-named-claims-champion-of-the-year-at-insuritys-2026-excellence-in-ai-insurance-awards-ceremony) carried the announcement. The award recognizes the standout organization in claims management for efficiency, accuracy and customer satisfaction in the claims process.\n\n## How MEMIC Modernized Its Claims Operations\n\n[MEMIC](https://akta.pro/company-profiles/0005pep/memic) is a workers' compensation insurer serving employers and injured workers. Insurity said MEMIC earned the award by modernizing its workers' compensation claims operations through greater automation and improved access to critical claims information. Using Insurity ClaimsXPress, MEMIC streamlined data capture and reporting, reducing manual work and improving the accuracy and consistency of claims information. Insurity said those improvements help claims professionals work more efficiently and spend more time supporting policyholders through the claims process.\n\n\"Insurity ClaimsXPress has been instrumental in helping us modernize our claims operations and improve how our teams work,\" said Robyn Jackson, Vice President, Claim Operations & Enterprise Regulatory Reporting at MEMIC. \"Through automating critical processes and making claims information more accurate and accessible, we're reducing administrative work and giving our claims professionals more time to focus on what matters most: supporting injured workers and helping them move toward recovery.\"\n\nJatin Atre, Chief Executive Officer of [Insurity](https://akta.pro/company-profiles/00025il/insurity), said the Excellence Awards recognize insurance organizations raising the bar for what technology can accomplish. Insurity held its largest Excellence in AI & Insurance conference in Fort Lauderdale from October 5 to 7, 2026, focusing on AI-driven growth strategies, according to FinancialContent Business Page. EMC Insurance received the Excellence in Operational Efficiency award at the same conference for modernizing premium audit operations with Insurity Premium Audit, FinancialContent Business Page reported.\n\n## MEMIC's Scale Across Workers' Compensation\n\nAccording to akta.pro [company records](https://akta.pro/company-data), MEMIC was founded in Maine in 1993 and holds licenses to write workers' compensation in 46 states. The MEMIC Group insures and serves more than 20,000 employers and approximately 300,000 employees of its policyholder employers. The records list a $70 million surplus notes issuance in December 2025, assigned a BBB+ long-term issue credit rating by AM Best, aimed at supporting the planned acquisition of the Dakota Group announced in January 2026 and pending regulatory approval.\n\n## MEMIC's Recent Dividend and Claims Work\n\nMEMIC Group said in October 2026 that it would pay a $17 million annual dividend to more than 17,000 Maine policyholders, representing more than 10% of eligible premiums, Mainebiz reported. The payout follows a $19 million dividend last year. In May 2026, MEMIC Group reported enhanced reserving accuracy for workers' comp claims after a six-month analysis of Gradient AI's Total Incurred Prediction model, Business Wire Blog reported.\n\n## What Comes Next for MEMIC\n\nThe Dakota Group acquisition remains pending regulatory approval, according to akta.pro company records.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}