1 Followers USX:ERIE - Erie Indemnity Co Erie Indemnity Company
Sector: Financials, Industry: Insurance Brokers
Next Earnings: 26 Apr 2024
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Yahoo Finance (Live Price)

USD 382.66    -3.03 (-0.79%)

24 Apr 2024


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General

CEO: Mr. Timothy Gerard NeCastro C.I.C., CPA

IPO: 1995-10-02

Headquarters: US

Employees: 6,481

Homepage

Description

Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.

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