For seven years in a row, Ward Group has named Erie Insurance (ERIE) to its Ward’s 50 list of top performing property and casualty companies. Erie Family Life Insurance also named to this year’s Life/Health list, marking the second time the company has earned a spot on the list. The Ward Group analyzes the financial performance of 3,000 property-casualty and life/health insurers before naming the top performers in safety, consistency and financial performance over a five-year period.
“We succeed thanks to our ability to maintain a solid balance sheet and provide exceptional, award-winning customer service,” said Terry Cavanaugh, president and chief executive officer of Erie Insurance. “When you combine that with our differentiating products and a relationship with our independent insurance agents that is as strong as ever, you can see why we’re able to effectively and consistently deliver on our customer promise of security and protection.” Ward Group is a consulting firm specializing in the insurance industry and leading provider of industry benchmarking and best practices services. This is the 17th time ERIE has been on the P&C list, published annually since 1991.
Erie Insurance Group, based in Erie, Pennsylvania, is the 14th largest homeowners insurer and 12th largest automobile insurer in the United States based on direct premiums written and the 18th largest property/casualty insurer in the United States based on total lines net premium written.
For more information, visit www.erieinsurance.com.