Erie Indemnity (ERIE)

Overall impact
D (29)

Commentary

Erie Indemnity is a below-average overall performer. With a 'D' rating of 28.9 for overall impact (bottom 25% of all companies), Erie Indemnity ranks 25th out of 28 industry peers, behind Gallagher, Willis Towers Watson, Fanhua and 21 others, and ahead of HUB International, Brown & Brown, and Jones DesLauriers Group. On top material causes for Erie Indemnity's industry (Insurance), Erie Indemnity performs poorly in Fair Labor Practices (28.4 score), Reduced Waste (29.6), Reduced Inequality (13.5) and 12 other causes where it received a 'D' or 'F' score. Erie Indemnity did not receive an 'A' rating on any cause.
Impact
Cause ERIE
Peer rank
Overall impact

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Impact trend

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Company
Founded
1925
Employees
6,667
Sector
Financials
Industry
Insurance
Sub-industry
Insurance Brokers
SASB industry
Insurance
Headquarters
Pa, United States
Share classes
ERIE
Mission
To provide our Policyholders with as near perfect protection, as near perfect service, as is humanly possible, and to do so at the lowest possible cost.
Description
Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation, and sales and advertising support services. Underwriting services comprise underwriting and policy processing. Other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.
Material causes
Ethos considers the following causes material for Erie Indemnity, based on its industry sub-industry Insurance Brokers. Learn more about material causes in our methodology overview.

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