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Erie Indemnity Co
Erie Indemnity Co
Exchange: Nasdaq Global Select
IPO Date: 02/10/1995
CEO: Mr. Timothy NeCastro
Insurance Brokers Financial Services 🔗
  • ERIE
    symbol
  • 182.75
    price
  • 9555979264
    market cap
  • 1.7899933
    changes
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Erie Indemnity Co. engages in the insurance business and operates as an attorney-in-fact. The company is headquartered in Erie, Pennsylvania and currently employs 5,500 full-time employees. The firm serves as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. The firm’s function is to perform certain services for the Exchange relating to the sales, underwriting and issuance of policies on behalf of the Exchange. The sales related services the Company provides include agent compensation, and certain sales and advertising support services. Agent compensation includes scheduled commissions to agents based upon premiums written, as well as additional commissions and bonuses to agents. The underwriting services the Company provides include underwriting and policy processing expenses. The company provides information technology services that supports various functions. The remaining services the Company provides include customer service and administrative costs.

Address: 100 Erie Insurance Pl Erie PENNSYLVANIA 16530-0001

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