MEMIC Appoints Coy as Chief Information Officer

The MEMIC Group, based in Portland, Maine, has appointed Matt Coy as its new chief information officer (CIO). He takes over from Jack Yao, who retired at the end of 2025 after an impressive tenure of over nine years.

In his new role, Coy will spearhead MEMIC’s technology strategy, bringing a wealth of experience back to the organization. He previously served as the CIO at Montana State Fund, where he successfully led enterprise-wide modernization efforts and strategic technology initiatives. His extensive career also includes senior leadership positions such as vice president of information technology at MEMIC, director of application development for Aetna, and significant roles at Optum and Coventry Health Care.

Coy’s return to MEMIC marks a significant milestone in his career, as he is well-acquainted with the company’s mission and values. His expertise in technology and strategic planning will be instrumental in driving MEMIC’s objectives forward, particularly in an era where digital transformation is crucial for success in the insurance industry.

Throughout his career, Coy has demonstrated a strong commitment to leveraging technology to enhance operational efficiency and improve customer service. His leadership style emphasizes collaboration and innovation, making him a valuable asset to MEMIC as it navigates the complexities of the modern insurance landscape.

As the insurance industry continues to evolve, the importance of effective technology leadership cannot be overstated. Coy’s appointment is a strategic move for MEMIC, positioning the company to better meet the challenges and opportunities that lie ahead.

The MEMIC Group, based in Portland, Maine, has appointed Matt Coy as its new chief information officer (CIO). He takes over from Jack Yao, who retired at the end of 2025 after an impressive tenure of over nine years.

In his new role, Coy will spearhead MEMIC’s technology strategy, bringing a wealth of experience back to the organization. He previously served as the CIO at Montana State Fund, where he successfully led enterprise-wide modernization efforts and strategic technology initiatives. His extensive career also includes senior leadership positions such as vice president of information technology at MEMIC, director of application development for Aetna, and significant roles at Optum and Coventry Health Care.

Coy’s return to MEMIC marks a significant milestone in his career, as he is well-acquainted with the company’s mission and values. His expertise in technology and strategic planning will be instrumental in driving MEMIC’s objectives forward, particularly in an era where digital transformation is crucial for success in the insurance industry.

Throughout his career, Coy has demonstrated a strong commitment to leveraging technology to enhance operational efficiency and improve customer service. His leadership style emphasizes collaboration and innovation, making him a valuable asset to MEMIC as it navigates the complexities of the modern insurance landscape.

As the insurance industry continues to evolve, the importance of effective technology leadership cannot be overstated. Coy’s appointment is a strategic move for MEMIC, positioning the company to better meet the challenges and opportunities that lie ahead.