|
|
Company Profile
Erie Insurance offers a broad range of services to meet family insurance
needs, including a variety of home and tenant (renters) insurance policies
and boat insurance. ERIE also offers a variety of business
insurance products
to meet the needs of both small and large businesses. Erie Family Life
offers a complete line of products to meet individual and business
life insurance needs.
History
 Erie
Insurance was founded in 1925 in Erie, Pa., on the principle of providing
our policyholders with as near perfect protection, as near perfect
service as is humanly possible, and doing so at the lowest possible
cost. More details are available in the Historic
Timeline.
Quick Facts
- Erie Insurance has operations in Illinois, Indiana, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wisconsin and the District of Columbia.
- The company plans to write business in Minnesota beginning in the
fourth quarter of 2009.
- Erie Insurance has more than 3.8 million policies in force for auto,
home and commercial insurance, and 310,000 life, annuity and disability
income policies in force.
- More than 1,930 agencies represent Erie Insurance in 11 states and
the District of Columbia
- More than 4,270 people are employed at the company’s Home Office
in Erie, Pa., and in the field offices across our territory. The
Home Office alone employs more than 2,380 people.
Industry Rankings
- Erie Insurance Group is the 21st largest property/casualty
insurance group based on 2006 Policyholder surplus, and the 21st largest
property/casualty insurer in the United States based on total lines
net premiums written. It is the 16th largest auto insurer
in the country based on direct premiums written, and the 3rd largest
auto insurer in Pennsylvania.
- Erie Insurance Group is the 463rd largest U.S. corporate group, in terms of revenue, as ranked by Fortune magazine in April 2007.
- Erie Family Life ranks as the 119th largest life insurance company based on admitted assets, and the 140th largest life insurance company based on premiums written.
Financial Stability
- Rated A+ Superior by A.M. Best Company
|
|
