Stock ERIE ERIE INDEMNITY COMPANY
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Company Erie Indemnity Company

Equities

ERIE

US29530P1021

Property & Casualty Insurance

Market Closed - Nasdaq
Other stock markets
 01:30:00 27/04/2024 am IST 		5-day change 1st Jan Change
381.7 USD +0.39% Intraday chart for Erie Indemnity Company +0.05% +13.98%
26/04 Transcript : Erie Indemnity Company, Q1 2024 Pre Recorded Earnings Call, Apr 26, 2024
25/04 Erie Indemnity Q1 Earnings, Revenue Rise MT

Business Summary

Erie Indemnity Company serves as the attorney-in-fact for the subscribers at the Erie Insurance Exchange (Exchange). The Exchange is a reciprocal insurer that writes property and casualty insurance. The Exchange has wholly owned property and casualty subsidiaries, including Erie Insurance Company, Erie Insurance Company of New York, Erie Insurance Property & Casualty Company, and Flagship City Insurance Company. The Exchange also has a wholly owned life insurance company, Erie Family Life Insurance Company (EFL). Its primary function as attorney-in-fact is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. It also acts as attorney-in-fact on behalf of the subscribers at the Exchange with respect to all claims handling and investment management services, as well as the service provider for all claims handling, life insurance and investment management services for the Exchange's insurance subsidiaries (collectively, administrative services).

Number of employees: 6,493

Sales per Business

USD in Million2022Weight2023Weight Delta
Management Fee - Policy Issuance and Renewal Services, Net
74.7 %
2,088 73.5 % 2,442 74.7 % +16.97%
Administrative Services Reimbursement
22.5 %
668 23.5 % 737 22.5 % +10.31%
Management Fee - Administrative Services
1.9 %
58 2.1 % 64 1.9 % +9.17%
Service Agreement
0.8 %
26 0.9 % 26 0.8 % +1.45%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
2,840 100.0 % 3,269 100.0 % +15.10%

Managers

Managers TitleAgeSince
Timothy NeCastro CEO
 Chief Executive Officer 63 01/96/01
Julie Pelkowski DFI
 Director of Finance/CFO 54 01/98/01
Debra Mack CMP
 Compliance Officer - -
Ronald Habursky CIO
 Chief Investment Officer - 01/99/01
Parthasarathy Srinivasa CTO
 Chief Tech/Sci/R&D Officer 52 04/22/04
Karen Skarupski HRO
 Human Resources Officer - 01/91/01
Sean Dugan HRO
 Human Resources Officer - 01/92/01
Pam Pesta AUD
 Comptroller/Controller/Auditor - 01/18/01
Tim Shine PRN
 Corporate Officer/Principal - 01/99/01
Jim Nealon LAW
 General Counsel - 01/10/01

Members of the board

Members of the board TitleAgeSince
Eugene Connell BRD
 Director/Board Member 69 25/17/25
George Lucore BRD
 Director/Board Member 73 01/16/01
Timothy NeCastro CEO
 Chief Executive Officer 63 01/96/01
Charles Hartz BRD
 Director/Board Member 78 01/03/01
Jonathan Hagen BRD
 Director/Board Member 61 01/05/01
Thomas Palmer BRD
 Director/Board Member 76 01/06/01
Thomas Hagen CHM
 Chairman 88 01/07/01
J. Borneman BRD
 Director/Board Member 85 01/92/01
Elizabeth Vorsheck BRD
 Director/Board Member 68 01/07/01
Brian Hudson BRD
 Director/Board Member 69 25/17/25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,542 2,372 ( 93.31 %) 0 41.48 %
Stock B 1 68,299,200 25,166,237 ( 36.85 %) 22,110,132 ( 32.37 %)

Shareholders

NameEquities%Valuation
Estate of Susan Hirt Hagen
14.44 %
6,671,030 14.44 % 2 679 M $
PNC Financial Services Group, Inc. (13F Subfiler)
10.63 %
4,911,745 10.63 % 1 972 M $
Elizabeth Vorsheck
8.576 %
3,960,946 8.576 % 1 591 M $
Vanguard Investments Australia Ltd.
5.362 %
2,476,858 5.362 % 995 M $
BlackRock Institutional Trust Co. NA
4.900 %
2,263,473 4.900 % 909 M $
Fiduciary Trust Company International
1.756 %
810,911 1.756 % 326 M $
STATE STREET CORPORATION
1.545 %
713,496 1.545 % 287 M $
Geode Capital Management LLC
0.9059 %
418,448 0.9059 % 168 M $
UBS Asset Management (UK) Ltd.
0.6555 %
302,768 0.6555 % 122 M $
Dimensional Fund Advisors LP
0.4877 %
225,246 0.4877 % 90 M $
NameEquities%Valuation
Elizabeth Vorsheck
92.05 %
2,340 92.05 % 939 674 $
Thomas Hagen
7.435 %
189 7.435 % 75 897 $
Estate of Susan Hirt Hagen
0.4721 %
12 0.4721 % 4 819 $
Jonathan Hagen
0.0393 %
1 0.0393 % 402 $

Company contact information

Erie Indemnity Co.

100 Erie Insurance Place

16530-1104, Erie

+814 870 2000

http://www.erieinsurance.com
address Erie Indemnity Company(ERIE)

Sector

Financials
Insurance
Insurance
Property & Casualty Insurance
Other Property & Casualty Insurance

Sales per Business

Ratings for Erie Indemnity Company

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
381.7
Average target price
-
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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