About Us

History

 

CEM Insurance Company (CEMIC) is a wholly owned subsidiary of CEMIC Holdings, LLC, an Illinois limited liability company. CEMIC was originally incorporated in 1982 as Comprehensive Ensurers Market Syndicate, Inc., which commenced business as a syndicate on the Illinois Insurance Exchange (now INEX).  In 1997, the company withdrew from the INEX and reorganized as Comprehensive Ensurers Market Insurance Company, Inc., an Illinois Property and Casualty insurance company.  In 2002, the company changed its name to CEM Insurance Company.

 

CEMIC is a Property and Casualty carrier writing specialized commercial insurance and reinsurance coverages. The company works with Managing General Agents and Underwriting Managers to offer new and alternative markets for specialty programs. The company is licensed in 15 jurisdictions and continues to seek licensing in additional states as needed to expand its product offerings.  CEMIC reviews and will consider insurance program opportunities where larger carriers may be uninterested due to the program’s size and limited growth potential.

 

 

 

Licensing

 

CEMIC is currently licensed as an admitted carrier in 15 jurisdictions:

 

 

 

 

 

 

 

 

 

 

A.M. Best Company

 

CEM Insurance Company has a Best's Rating of B+ by A.M. Best Company. For the latest rating, access www.ambest.com.

CEMIC meets regularly with A.M. Best to discuss the status and performance of its operating activities, financial reporting and investment activities. The Company works with A.M. Best in the review and analysis of insurance programs in development.

 

 

 

Leadership

 

CEMIC's management is comprised of insurance professionals with over a century of combined experience as owners and executive management of wholesale and retail insurance agencies, managing general underwriters, third party administrators, as well as senior executive officers of some of the world's largest insurance companies. CEMIC's owners, directors and advisors are actively involved in the Company's operations.

 

   Directors

 

      Walter R. Fawcett, III (Chairman)

 

      Steven L. Groot

 

      David B. Benjamin

 

      Matthew C. Wagner

 

 

   Company Management

 

      Walter R. Fawcett, III

      Chief Executive Officer

 

      Matthew C. Wagner

      President & General Counsel

 

      Thad A. Jurczak

      Chief Financial Officer

 

      Christopher M. DuCharme

      Chief Operating Officer

Arizona

Arkansas

District of Columbia

Idaho

Illinois

Pennsylvania

South Dakota

Texas

Utah

West Virginia

Indiana

Kansas

Mississippi

Nevada

North Dakota

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