Created in 1994 by Missouri’s legislature to solve the workers compensation crisis, Missouri Employers Mutual quickly lived up to its mandate to serve the state’s business owners and bring safety to the workplace.

In March 1995, MEM opened its doors with no policyholders and a $5 million startup loan from the state. Believing in the power of partnership, MEM’s team traveled the state introducing independent agents to a new kind of workers compensation insurance company—one focused on safety and owned by its policyholders.

Quick Climb to the Top
The success of those visits was manifested in $10 million in premium in just a few short months. With this swift success, it’s no surprise that by the end of 1995 MEM had already captured the No. 1 spot in Missouri work comp market share—a position the company still holds and has held every year of its existence.

By 1999, MEM paid back early its $5 million loan to the state and kept moving full-speed ahead toward strengthening its financial base for policyholders. Today, MEM holds an A- (Excellent) A.M. Best rating and meets a multitude of stringent financial solvency requirements.

Remaining a Long-Term Solution
The key to MEM’s history of success: great partners and an unwavering commitment to workplace safety.

MEM’s commitment to safety included the creation of our very own WorkSAFE program in 1997. The WorkSAFE philosophy embraces safety as the best strategy, not just for financial success but for sending employees home safely to their family and friends each day.  

Committed to serving even more Missouri businesses, MEM began working with Previsor Insurance in 2015 to partner with businesses operating in both Missouri and Kansas. Previsor, a wholly owned and independently managed investment of MEM, provides the Kansas policy these companies need, and contracts with MEM to deliver the services that 14,000 Missouri businesses rate top notch.

For a company created in crisis and overshadowed by doubts of its ability to succeed, MEM has defined itself not as a short-term solution, but a long-term provider for the work comp needs of Missouri businesses.

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