Keeping workers safe and injury-free is always our goal, but our annual report serves as a great checkpoint in that journey. Where did we go in 2019? We are proud to report that together with our policyholders and agent partners, we once again achieved the goal of keeping more than 85% of policyholders injury-free.
Four years of safety grants
It’s four years now that we’ve been awarding our safety grants to selected policyholders for the purchase of equipment that improves workplace safety. Since 2016, we’ve awarded 192 businesses more than $1.34 million in safety grants and even better, those businesses as a whole have experienced a significant reduction in claims.
Sharing success through safety dividends
As a mutual company, we also share our success with policyholders with safety dividends. We introduced the program in 2016 and throughout 2019 paid our second round of safety dividends for performance and commitment to safety. More than 15,400 businesses – or 81% of policyholders – earned a payout.
More highlights from 2019
We continue to measure success in many ways at MEM. Below are just a few more highlights from the year. Want to learn more? Check out our full 2019 MEM Annual Report.MEM-Annual-Report-2019_By-The-Numbers