About Us

Our History

On June 19, 1996, the Hawaii Legislature passed House Bill 3968 marking the birth of Hawaii Employers’ Mutual Insurance Company. This action not only represented a new level of public and private cooperation in Hawaii between business and government, it provided an innovative solution to stabilizing the workers’ compensation system in Hawaii. HEMIC was established as an independent corporation and took the form of a private mutual company, owned by its policyholders.

A year later HEMIC hired its first CEO, Robert Dove, obtained start-up capital, issued its first policy, and paid its first claim without government funding by the State or its taxpayers. By 1998 our fledgling company had exceeded $10 million in premium revenue – and by 2006 had built over $100 million in policyholders’ surplus – establishing long-term stability for many Hawaii businesses large and small.

In 2007, we earned an “A” rating for financial stability from A.M. Best and we declared our first policyholder dividend. In 2012, we completed a CEO succession and Martin J. Welch joined the company, bringing to the organization 30 years of workers’ compensation and executive management experience.

Today, HEMIC is Hawaii’s largest workers’ compensation insurer, serving over 6,000 businesses, reporting annual revenue of over $65 million, and serving policyholders on all major Hawaiian Islands with a staff of over 90 employees. HEMIC’s wholly-owned subsidiary, HIMI, provides risk management services including claims administration, premium audit and loss prevention services to insurance carriers, self-insured entities and captive insurers.

From inception to today, one thing remains constant: our commitment to delivering superior service to the islands we call home.