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Description
CEMIC was founded with an entrepreneurial spirit and the primary purpose of creating a facility for specialized programs. The Company works to meet the needs of its clients and agent partners to provide for niche or hard to place insurance coverages. CEMIC is fortunate to have among its members individuals experienced in specialty underwriting and program development. We welcome the opportunity to review new programs.
CEM Insurance Company (“CEMIC”) was founded in 1982 with an entrepreneurial spirit and the vision of establishing a facility for specialty insurance programs. As a syndicate on the Illinois Insurance Exchange (later renamed “INEX”), the Company developed and successfully underwrote an Unemployment Compensation program for nonprofit organizations. Over time, the company diversified by writing programs such as professional liability coverages for accountants and lawyers, primarily in the nonprofit sector.
CEMIC works with insureds and agent partners to create risk transfer solutions providing for risk participation and alternative insurance arrangements. CEMIC works closely with insurers, reinsurers, Risk Retention Groups and captives to provide a complete solution. We welcome the opportunity to review new programs.