Erie Indemnity Company

Erie Indemnity Company is one of the largest publicly traded insurance holding companies in the United States. It operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange, which was founded in 1925. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, such as agent compensation and sales and advertising support services; and underwriting services such as underwriting and policy processing; and other services include customer services and administrative support services, as well as information technology services.

Headquartered in Erie, Pennsylvania, Erie Indemnity Company serves more than 5.5 million policyholders through its network of independent agents and brokers operating in 11 states and the District of Columbia. The company is a component of the S&P MidCap 400 index, and is included in the Fortune 500 list, ranking in the 405th position. In 2020, its total revenue was $1.27 billion, with the net income totaling to $261.1 million. As of December 31, 2020, the company had $3.74 billion in consolidated admitted assets and its combined ratio was 92.2%.