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Erie Indemnity Company (ERIE)

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Erie Indemnity Company

100 Erie Insurance Place
Erie, PA 16530
United States
814-870-2000
http://www.erieinsurance.com

SectorFinancial
IndustryInsurance Brokers
Full Time Employees5,000

Key Executives

NameTitlePayExercisedAge
Mr. Timothy G. NeCastroChief Exec. Officer and Pres1.28MN/A56
Mr. Gregory J. GuttingChief Financial Officer and Exec. VP729.51kN/A54
Mr. Bradley G. PostemaChief Investment Officer and Sr. VP798.04kN/AN/A
Mr. Robert C. Ingram IIIChief Information Officer and Exec. VP864.1kN/A58
Mr. Sean J. McLaughlinExec. VP, Gen. Counsel and Sec.827.35kN/A61
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, and policy issuance services for the policyholders on behalf of the Erie Insurance Exchange. Its sales related services include agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and policy processing, as well as provides administrative support, information technology, and customer services. The company operates three field offices. Erie Indemnity Company was founded in 1925 and is based in Erie, Pennsylvania.

Corporate Governance

Erie Indemnity Company’s ISS Governance QualityScore as of July 1, 2017 is 3. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 3; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.