July 20, 2012 - The Ward Group recently announced its 2012 list of top financially performing insurers, and Erie Insurance was among them.
The recognition signifies ERIE’s financial strength. Why is that important? It offers peace of mind that you have a financially stable insurer backing you and that your claim will be handled, even in the midst of costly disasters.
This is the 15th time ERIE has been on the national list, published annually since 1991 by the Ward Group, a leading provider of benchmarking and best practices services to the insurance industry.
The Ward’s 50 list is based on an annual financial analysis of more than 3,000 U.S. property/casualty insurers. All the companies had to pass safety and consistency tests and achieve superior financial performance.
“Excellent returns and strong operating results,” explained Jeff Rieder, partner and head of Ward Group, “helped make Erie Insurance a top-performing insurance organization. Ward Group looks at company performance over a five-year period, and Erie Insurance has demonstrated the ability to maintain outstanding results over the long term.”
For ERIE, the award reflects the company’s ongoing dedication to providing outstanding service.
“One of our goals is to deliver on our promise of great protection and superior service,” said Terrence W. Cavanaugh, ERIE president and chief executive officer. “But great protection doesn’t just mean coverage. People want to know that their insurance company has outstanding financial stability and will be there for them when they need it most. Being included on the Ward's 50 list five years in a row reaffirms the financial stability that our Customers, Agents and Employees rely on.”
Through an Erie Insurance Agent, you can secure home, auto and business policies, all backed by the ERIE’s financial strength. Contact an ERIE Agent today.