About Erie Insurance
Erie Insurance is a company based in Erie (United States) founded in 1925.. The company has 6,800 employees as of December 31, 2024. Erie Insurance offers products and services including Auto Insurance and Home Insurance.
- Headquarter Erie, United States
- Employees 6800 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Erie Indemnity Company
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Annual Revenue
$3.79 B16.41as on Dec 31, 2024
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Net Profit
$600.31 M34.58as on Dec 31, 2024
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EBITDA
$743.59 M30.91as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
6800
as on Dec 31, 2024
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IPO & Listings of Erie Insurance
Erie Insurance is a publicly listed company on the NASDAQ with ticker symbol ERIE in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Erie Insurance
Erie Insurance offers a comprehensive portfolio of products and services, including Auto Insurance and Home Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Auto insurance is provided to protect vehicles and drivers from accidents and other risks.
Home insurance is offered to safeguard properties against damages, theft, and liabilities.
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Software Development Team
181 people
Sales and Marketing
76 people
Leadership Team
64 people
Senior Team
25 people
Data Analysis and Operations Team
22 people
Operations Team
19 people
Legal and Compliance
17 people
Product Management Team
16 people
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Funding Insights of Erie Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Erie Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Erie Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Erie Insurance Comparisons
Competitors of Erie Insurance
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Erie Insurance
Frequently Asked Questions about Erie Insurance
When was Erie Insurance founded?
Erie Insurance was founded in 1925.
Where is Erie Insurance located?
Erie Insurance is headquartered in Erie, United States. It is registered at Erie, Pennsylvania, United States.
How many employees does Erie Insurance have?
As of Dec 31, 2024, the latest employee count at Erie Insurance is 6,800.
What is the annual revenue of Erie Insurance?
Annual revenue of Erie Insurance is $3.79B as on Dec 31, 2024.
What does Erie Insurance do?
Erie Insurance was founded in 1925 in Erie, United States, as a multi-line insurer. Operations are maintained across the United States via a network of independent agents. Core services encompass auto, home, commercial, and life insurance policies. In 2022, annual revenues reached 9.29 billion, while a net loss of 0.57 billion was recorded. The company focuses on property and casualty insurance sectors.
What products or services does Erie Insurance offer?
Erie Insurance offers Auto Insurance and Home Insurance.
Is Erie Insurance publicly traded?
Yes, Erie Insurance is publicly traded on NASDAQ under the ticker symbol ERIE.
What is Erie Insurance's ticker symbol?
The ticker symbol of Erie Insurance is ERIE on NASDAQ.
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