While many insurance companies come and go from the market, LEMIC Insurance Company is proving that commitment and discipline will insure long-term viability no matter what the market presents to insurers.

LEMIC is a Louisiana chartered and admitted company located in Baton Rouge. Currently, LEMIC writes workers compensation coverage through networks of independent insurance agents in Louisiana, Mississippi, Arkansas and Tennessee.

LEMIC began in 1982 as a self-insured fund at a time when the Louisiana market desperately needed stability. Two original trustees are still with the company. They broke new ground in Louisiana by transforming the company from a self-insured fund into a mutual insurance company on January 1, 1998. They again engineered a change in 1999 to its present structure- a stock company wholly owned by a mutual holding company – in order to facilitate future growth and eliminate the potential personal liability of policyholders that existed under the self-insured fund structure.

LEMIC is a conservative company that is fiercely loyal to its independent agents and policyholders.

LEMIC believes in maintaining fair rates and that its consistent underwriting practices will prove to be successful in the long term over drastic swings in the ever-changing insurance market. This is evidenced by the numerous policyholders who have been with LEMIC since 1982. LEMIC has a healthy policyholder surplus, which is a strong indicator of our disciplined management, financial strength and potential for future growth.

LEMIC has chosen a strategic business partner to work with the company in achieving its goals. Metairie-based Cannon-Cochran Management Services Incorporated (CCMSI) handles all underwriting functions for LEMIC, as well as all claims, loss control and cost containment services. CCMSI’s experience, market knowledge, and customer service allow us to both add new business and retain valuable customers.

By outsourcing underwriting, claims and loss control, LEMIC has a lower cost of doing business and can better focus on planning, regulatory compliance and customer service.

LEMIC believes that its independent agents are vital to a successful insurance transaction and that there is a unique trinity formed between the insurer, the insured and the agent. In reality, the insured is the customer of the agent and the agent is the customer of the insurance company.

LEMIC does not support the mentality of other companies that place restrictions upon agents in a hardening insurance market. With LEMIC, the agent is welcome to submit business no matter what the volume of business that agent has with LEMIC. By supporting its agents, LEMIC creates a positive working relationship that will undoubtedly support and retain the agent’s customers, something that LEMIC’s “restriction-happy” competitors are not so concerned about.

LEMIC is successful because it strives to deliver services that enhance its product and enrich the bonds between consumer and agent, and agent and company. LEMIC promises to remain committed to ideals of corporate evolution, value, loyalty and innovation.