About Us


We are not your typical insurance company. We are different.

Many companies like to make that claim, but we really are unique.

To begin with, HEMIC wasn’t started by investors focused on their own financial gain. We originated in Hawaii’s legislature in response to serious challenges facing our state’s workers’ compensation system.

Our creation as a private, mutual insurance company was a demonstration of innovative leadership in Hawaii: the legislation that enabled our existence represented an unprecedented partnership of private business and government working together to solve a market problem.

HEMIC is a private, for-profit insurance company. That is what the legislation intended. As a result, we are not a financial burden to either the State or its taxpayers.

HEMIC is Hawaii’s only mutual insurance company. We are owned by our policyholders. So our interests are aligned with theirs. When they succeed, we succeed, and we share our success with them in the form of policyholder dividends. HEMIC has returned over $25 million in dividends to our policyholders over the past nine years.

Our mutual structure also gives us a built-in incentive to work harder. To work smarter. To provide better service. To introduce new products, new services, and entirely new ways to serve Hawaii businesses, such as ‘our AePay “pay-as-you-go” program, which saves employers time and money, and our subsidiary company, HIMI, which offers additional lines of insurance coverage. It means we have a built-in incentive to perpetuate our — and our policyholders’ — mutual success.

And together, we have succeeded. Within two years of our creation, we had produced over $10 million in premium revenue. Ten years later we exceeded $100 million in policyholders’ surplus – and were awarded an “A” rating from A.M. Best. Today we are the leading writer of workers’ compensation insurance in the state of Hawaii and we are committed to keeping our financial promises for many years to come.

We are proud of our success, but we are prouder still for helping Hawaii businesses succeed. Our commitment has taken an enormous amount of hard work, but we have always considered the safety and productivity of Hawaii’s economy to be our kuleana – not just our birthright.