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Erie Indemnity Co Class A ERIE

Rating as of

Morningstar’s Analysis

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1-Star Price

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5-Star Price

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Economic Moat

PREMIUM

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Company Profile

Business Description

Erie Indemnity Co primarily 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.

Contact
100 Erie Insurance Place
Erie, PA, 16530
T +1 814 870-2000
Sector Financial Services
Industry Insurance Brokers
Most Recent Earnings Mar 31, 2021
Fiscal Year End Dec 31, 2021
Stock Type Cyclical
Employees 5,914