Company Profile
Midwest Employers Casualty Company
Company Overview
Midwest Employers Casualty Company, through our service innovations, assist our self-insured, large deductible and reinsurance clients achieve best practice results in their workers compensation programs.
As of 8/15/06, MECC has been awarded an A.M. Best rating of A (Excellent) in the Financial Size Category: XV ($2 billion or more).
OUR MISSION
Midwest Employers Casualty Company’s (MECC) goal is to be the nation’s premier workers compensation excess insurance carrier. In addition to offering quality excess insurance, MECC is committed to helping self-insureds reduce their Total Cost of Risk (TCOR).
COMPANY DESCRIPTION
Since its formation in 1986, MECC has focused exclusively on providing workers compensation excess insurance products to individual employers and groups across the country. Workers Compensation excess products include self-insured excess, large deductible and reinsurance.
MECC’s customer focus continues to evolve and strengthen. We combine our employee’s detailed knowledge of our customers with a sophisticated statistical approach, including benchmarking techniques, to produce both superior risk selection and a more accurate pricing tool for the underwriting process. Additionally, this same approach provides the foundation for the client services MECC has developed and employs to assist its client reduce their Total Cost of Risk. Through MECC, a client can now identify areas for improvement in their workers compensation program, select and install MECC service solutions specific to their needs, and consequently improve their financial performance. Combining unique services with the excess policy adds value beyond the standard workers compensation excess insurance policy and enhances client loyalty throughout the market cycle.
HOW MIDWEST EMPLOYERS CASUALTY COMPANY IS DIFFERENT
We are redefining the way businesses buy excess workers compensation insurance by helping employers manage their Total Cost of Risk. For years, clients, agents and insurance companies alike have often treated the purchase of excess insurance as just another financial transaction. Success or failure of any insurance renewal is based on how much more or less the insured pays in the insurance transaction. This transaction mindset has historically failed all parties involved, resulting in cyclical swings in insurance availability and cost.
MECC has therefore seized upon a unique opportunity. We have created a series of tools that enables employers to significantly reduce their overall program costs-not through the insurance transaction but by managing loss. We call this approach managing the Total Cost of Risk.
Our clients know we will be there when unforeseen losses occur. And, they have also come to rely upon us as a valuable business associate who provides the tools and technology they need to operate and manage a successful self-insured program on an ongoing basis. MECC is not only financially strong, but committed to delivering quality excess insurance and service to the self-insured marketplace.
DISTRIBUTION
MECC distributes its insurance products and TCOR reducing services through a nationwide agency network. MECC works best with agents that focus on helping clients lower their Total Cost of Risk. For these agents, MECC’s TCOR reducing services are invaluable. By helping these agents attend to both the coverage needs and loss reducing objectives of clients, MECC helps differentiate its agents from those that just sell price.
MECC supports its agency network through a field sales support team. Our sales professionals work with agents to tailor coverage and services to the specific needs of each client
Notable Accomplishments / Recognition
As of 8/15/06, MECC has been awarded an A.M. Best rating of A (Excellent) in the Financial Size Category: XV ($2 billion or more).
Benefits
Why Work Here
As the nation’s industry leader in excess workers compensation insurance, MECC is committed to promoting “Best Practice” performance in workers compensation programs. It is this philosophy, along with our financial success, that generates the unique culture that rewards talent and achieving results by providing an unmatched working environment; and allows us to offer competitive salary and outstanding benefit packages.
The Work Environment
Security within a financially stable organization
Extensive training and development opportunities uniquely tailored to the individual and the profession
Trust, respect, and integrity in every relationship
Focus on managing relationships with business partners and commitment to service
An innovative and creative atmosphere
Collaborative and cross functional work teams
High sense of professionalism
Open communication throughout the company
Genuine interest in the community
Positive work environment that rewards individual and team performance, promotes from within the organization, and attracts the highest quality individuals.
The Benefits
Excellent medical and dental coverage offered to employees and dependents
401(k) savings plans with profit sharing contribution program
Pre-tax medical and dependent care flexible spending accounts
Life insurance, short-term, and long-term disability at no cost to the employee
Tuition reimbursement
Paid time off and paid holidays
Summer compressed workweeks
Flextime (with core hours)
Incentive compensation eligibility for all employees
Business casual work environment
Employee assistant program including professional counseling and referral services