Erie Insurance Group

Erie Indemnity Company

Trade name	Erie Insurance
Company type	Public company
Traded as	NASDAQ: ERIE (Class A) S&P 400 component
Industry	Insurance
Founded	April  20, 1925 (1925-04-20)
Founders	Ollie G. Crawfordin Henry Orth Hirt
Headquarters	Erie, Pennsylvania, U.S.
Number of locations	13,000 licensed independent insurance agents
Key people	Timothy G. NeCastro (CEO) Thomas B. Hagen (Chairman)
Products	Property, casualty and life insurance
Number of employees	5,970 (December 2022)
Website	erieinsurance.com

Erie Insurance Group is a multi-line insurance company, offering auto insurance, home insurance, commercial insurance, and life insurance through a network of independent insurance agents. Founded in 1925 by H.O. Hirt and O.G. Crawford in Erie, Pennsylvania, where it is still headquartered, Erie Insurance Group has grown to become one of the largest insurance companies in the United States. The company is known for its financial stability, customer service, and an extensive range of insurance products.

History

Erie Insurance Group was established on April 20, 1925, with the vision of providing superior customer service and quality insurance coverage at affordable prices. The founders, H.O. Hirt and O.G. Crawford, started the company with the motto "Above all in Service." This principle has guided the company's operations and growth over the years. Erie Insurance sold its first policy on April 20, 1925. Since then, the company has expanded its offerings and geographic footprint, serving customers in multiple states across the United States.

Products and Services

Erie Insurance Group provides a comprehensive range of insurance products, including:

• Auto insurance: Coverage for cars, motorcycles, and other vehicles.
• Home insurance: Insurance for homes, including homeowners, renters, and condo insurance.
• Commercial insurance: Business insurance solutions, including liability, property, and workers' compensation.
• Life insurance: Term life, whole life, and universal life insurance policies.

Erie Insurance also offers additional products such as umbrella insurance, boat insurance, and identity theft recovery coverage, providing a wide array of options to meet the diverse needs of its customers.

Customer Service and Satisfaction

Erie Insurance Group places a strong emphasis on customer service, aiming to exceed customer expectations. The company has received numerous awards and recognitions for its customer service and satisfaction levels. Independent agents who represent Erie Insurance are committed to providing personalized service, helping customers understand their coverage options, and assisting with claims.

Financial Stability

Erie Insurance Group is noted for its financial strength and stability. The company has consistently received high ratings from major insurance rating organizations. These ratings reflect Erie Insurance's solid capitalization, favorable loss experience, and prudent investment strategy.

Community Involvement

Erie Insurance Group is actively involved in the communities it serves. The company supports various charitable organizations and initiatives through donations, volunteering, and community service. Erie Insurance's commitment to community involvement is an integral part of its corporate culture.

Conclusion

Erie Insurance Group has established itself as a reliable and customer-focused insurance provider. With its comprehensive range of products, commitment to customer service, and strong financial position, Erie Insurance continues to be a leading choice for insurance consumers across the United States.