Erie Insurance
- Revenue$2.6 BFY, 2021
- Market Capitalization$8.5 B2022-05-25
OverviewSuggest Edit
Erie Insurance (also known as Erie Indemnity) is a multi-line insurance company offering auto, home, commercial, and life insurance through a network of independent insurance agents. It delivers a range of services to meet family insurance needs, including a variety of auto, home, and renters insurance policies, as well as motorcycle, RV and boat insurance. Erie Insurance also provides business insurance products to meet the needs of both small and large businesses.
| Type | Public | |
| Founded | 1925 | |
| HQ | Erie, PA, US | Map |
| Website | erieinsurance.com | |
| Employee Ratings | ||
| Overall Culture | A+ | More |
Recent NewsAll News
- Erie Insurance names Tim Shine to new SVP, information technology role
- Erie Insurance recognized as a 'Best Employer for Excellence in Health and Well-Being' by Business Group on Health
- Erie Insurance announces senior leadership appointments and promotions
- National survey from Erie Insurance shows U.S. drivers divided over speed cameras
Key People/Management at Erie Insurance
Timothy G. NeCastro
President & Chief Executive Officer
Gregory J. Gutting
Executive Vice President & Chief Financial Officer
Douglas E. Smith
Executive Vice President, Sales and Products
Brian W. Bolash
Executive Vice President, Secretary & General Counsel
Lorianne Feltz
Executive Vice President, Claims and Customer Service
Eugene C. Connell
Director
Erie Insurance Office Locations
Erie Insurance has offices in Erie, Bethlehem, Brentwood, Brookfield and in 22 other locations
Erie, PA, US (HQ)
100 Erie Insurance Pl
Bethlehem, PA, US
2200 W Broad St Suite #1
Brentwood, TN, US
750 Old Hickory Blvd Building 1, Suite 150
Brookfield, WI, US
20300 Water Tower Blvd Suite 230
Canton, OH, US
4690 Munson St NW
Cary, NC, US
8000 Regency Pkwy Suite 200
Erie Insurance Financials and Metrics
Erie Insurance Revenue
Erie Insurance's revenue was reported to be $2.63 b in FY, 2021
| USD | |
|---|---|
Revenue (Q1, 2022) | 672.1m |
Net income (Q1, 2022) | 68.6m |
EBIT (Q1, 2022) | 84.3m |
Market capitalization (25-May-2022) | 8.5b |
Closing stock price (25-May-2022) | 163.2 |
Cash (31-Mar-2022) | 141.3m |
Erie Insurance's current market capitalization is $8.5 b.
Annual
Annual
Quarterly
Annual
| USD | FY, 2018 |
|---|---|
Debt/Equity | 0.1 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.8 x |
Erie Insurance Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Erie Family Life Insurance Company | ||
| Erie Insurance Company | ||
| Erie Insurance Company of New York | ||
| Erie Insurance Property & Casualty Company | ||
| Flagship City Insurance Company |
Erie Insurance Cybersecurity Score
Erie Insurance Environment, Social & Governance (ESG) Ratings
Erie Insurance Online and Social Media Presence
11.49k Twitter followers
Erie Insurance has 11.49k Twitter Followers. The number of followers has increased 1.6% month over month and increased 2.9% quarter over quarter
Erie Insurance's Trends
Twitter Engagement Stats for @erie_insurance
5.5k
Tweets
980
Following
11.5k
Followers
18
Tweets last 30 days
14.6
Avg. likes per Tweet
83.3%
Tweets with engagement
Erie Insurance Company Culture
Overall Culture
A+
83/100
CEO Rating
A+
86/100
Compensation
A+
87/100
Erie Insurance News and Updates
May 20, 2022
Erie Insurance names Tim Shine to new SVP, information technology role
Shine will focus on sales and product technology, leading ERIE's technology transformation across personal lines, commercial lines and ERIE Family Life ERIE, Pa., May 20, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced the promotion of Tim Shine to senior vice president...
May 16, 2022
Erie Insurance recognized as a 'Best Employer for Excellence in Health and Well-Being' by Business Group on Health
Annual awards recognize companies for advancing employee well-being through comprehensive and innovative benefits and initiatives ERIE, Pa., May 16, 2022 /PRNewswire/ -- Erie Insurance (ERIE) is one of 44 large employers recognized by the Business Group on Health as a 2022 Best Employer...
May 05, 2022
Erie Insurance announces senior leadership appointments and promotions
Leaders named for key Personal Products and Experience roles; promotions announced within Law and Internal Audit ERIE, Pa., May 5, 2022 /PRNewswire/ -- Erie Insurance (NASDAQ: ERIE) today announced a series of new senior leadership appointments and promotions within the company's Personal...
January 24, 2022
National survey from Erie Insurance shows U.S. drivers divided over speed cameras
ERIE, Pa., Jan. 24, 2022 /PRNewswire/ -- A recent survey commissioned by Erie Insurance finds that half of U.S. drivers support the use of speed cameras while more than a third oppose them – but many opponents would change their minds under certain conditions. Speed cameras and red light...
December 17, 2021
10 Candle Safety Tips for a Safe Holiday from Erie Insurance
ERIE, Pa., Dec. 17, 2021 /PRNewswire/ -- From pumpkin spice to winter pine, there are a plethora of candle scents to choose from—not to mention the endless styles. Whatever your go-to candle is, now is the season to burn it. But did you know December is the peak month for candle fires,...
May 24, 2021
As Summer Road Trip Season Kicks Off, National Survey from Erie Insurance Reveals Drivers' Top 5 Concerns About Other Drivers
ERIE, Pa., May 24, 2021 /PRNewswire/ -- With Americans planning to hit the road over Memorial Day weekend and throughout the summer, a national survey commissioned by Erie Insurance provides new insights about what drivers can expect to see on the road. The survey asked about everything...
Erie Insurance Frequently Asked Questions
When was Erie Insurance founded?
Erie Insurance was founded in 1925.
Who are Erie Insurance key executives?
Erie Insurance's key executives are Timothy G. NeCastro, Gregory J. Gutting and Douglas E. Smith.
How many employees does Erie Insurance have?
Erie Insurance has 5,805 employees.
What is Erie Insurance revenue?
Latest Erie Insurance annual revenue is $2.6 b.
What is Erie Insurance revenue per employee?
Latest Erie Insurance revenue per employee is $453.7 k.
Who are Erie Insurance competitors?
Competitors of Erie Insurance include Catalana Occidente, Pekin Insurance and Ryan Specialty Group.
Where is Erie Insurance headquarters?
Erie Insurance headquarters is located at 100 Erie Insurance Pl, Erie.
Where are Erie Insurance offices?
Erie Insurance has offices in Erie, Bethlehem, Brentwood, Brookfield and in 22 other locations.
How many offices does Erie Insurance have?
Erie Insurance has 29 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies