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ERIE INDEMNITY COMPANY

(ERIE)
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Erie Indemnity : Forbes recognizes Erie Insurance as one of ‘America's Best Insurance Companies' for 2022

09/29/2021 | 03:12pm EST

ERIE, Pa., September 29, 2021- Erie Insurance(ERIE) has been named to the Forbes list of America's Best Insurance Companies 2022.This recognition was presented by Forbes and Statista, a leading statistics portal and industry rankings provider.

ERIE was listed as a top company in five different personal insurance categories for 2022: auto, homeowners, renters, term lifeand permanent life.

"For more than 96 years, we have remained committed to our founding mission of providing our policyholders with as near perfect protection and as near perfect service as possible and to do so at the lowest possible cost," said Doug Smith, executive vice president of sales and products for Erie Insurance. "We are proud to consistently rank high on Forbes' lists of America's best employers and insurance companies."

For this list, insurance companies were identified during an independent survey of more than 16,000 U.S. consumers with at least one insurance policy. The survey considered customers' overall recommendations, their general satisfaction and five sub-dimensions: financial advice, customer service, price/performance ratio, transparency and damage/benefit ratio. A loyalty score was also calculated based on a series of questions about the customers' likeliness to keep their insurance policy under different circumstances and the total length of time consumers have held policies with the same insurer.

In addition to this recognition, Erie Insurance also appears on Forbes' list of America's Best-In-State Employers, Best Employers for Diversityand America's Best Employersfor 2021.

For more information Erie Insurance's award-winning products and service, visit www.erieinsurance.com.

Disclaimer

Erie Indemnity Company published this content on 29 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2021 19:11:07 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2021 2 630 M - -
Net income 2021 302 M - -
Net Debt 2021 - - -
P/E ratio 2021 32,3x
Yield 2021 2,22%
Capitalization 8 609 M 8 609 M -
Capi. / Sales 2021 3,27x
Capi. / Sales 2022 3,15x
Nbr of Employees 5 865
Free-Float 41,5%
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Mean consensus BUY
Number of Analysts 1
Last Close Price 186,39 
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Spread / Average Target -
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Managers and Directors
Timothy G. NeCastro President & Chief Executive Officer
Gregory J. Gutting Chief Financial Officer & Executive Vice President
Thomas B. Hagen Non-Executive Chairman
Robert C. Ingram Chief Information Officer & EVP
Ronald Habursky Chief Investment Officer & Senior Vice President
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