Columbia, MO – Missouri Employers Mutual Insurance recently released its 2017 workplace safety data, revealing an all-time high in injury-free policyholders. The workers compensation insurance company has continued to grow during recent years, increasing total policy count from 15,857 to 17,561 in 2017 alone. Even with this growth, the percentage of MEM’s policyholders who had zero lost-time claims increased for the fourth year in a row, coming in at 89 percent in 2017.
As Missouri’s work comp market share leader, MEM reached its highest market share in the company’s 23-year history. MEM’s share increased from 23 percent in 2016 to 26 percent in 2017. That’s more than twice as much market share as the next nearest competitor.
“Ultimately, our purpose is to get people home from work safe,” said Tim Jackman, Senior VP of Operational Services. “Our growth last year and these injury-free results show that we’re covering more lives while empowering our policyholders to get their employees home to their families and friends.”
You’d expect policyholders with fewer employees to have a higher injury-free rate. Of MEM’s 13,574 small policyholders, 96 percent had no lost-time claims in 2017. For larger companies, going without a single lost-time injury seems impossible. However, MEM’s medium and large accounts improved even more than the smaller accounts last year. More than 63 percent, or 2,525 businesses, had zero lost-time injuries, doubling injury-free rates from 2016.
“The year-over-year improvement is outstanding,” continued Jackman. “Every day our dedicated Safety Fanatics are out in the community sharing our vision of safe, healthy and injury-free workplaces. It’s exciting and rewarding to see the impact this safety commitment is making for Missouri businesses.”
MEM practices what it preaches, celebrating 10 years injury-free in 2017. With more than 300 employees and four locations across the state, it takes dedication and creativity to share the safety culture that has kept MEM employees safe for a decade and counting. The company starts by adopting
the same policies they share with policyholders: employees sign seat belt, drug and alcohol policies.
MEM’s free workplace safety resources are available to everyone at www.worksafecenter.com.