Erie Indemnity Company is a Pennsylvania corporation that serves as attorney-in-fact for subscribers at the Erie Insurance Exchange, a reciprocal property and casualty insurer. Indemnity's primary function is to perform policy issuance, renewal, claims handling, and investment management services on behalf of Exchange policyholders and the Exchange's insurance subsidiaries, which include Erie Insurance Company and Erie Family Life Insurance Company. The company operates under a single reportable segment: management operations.
Erie Indemnity earns a management fee, not to exceed 25% of direct and affiliated assumed premiums written by the Exchange, set annually by its Board of Directors. Agent compensation represents approximately 71% of policy issuance and renewal expenses, with information technology services comprising approximately 10%. Founded in 1925, the company's revenue is entirely derived from fees for services rendered to the Exchange rather than from underwriting risk.
Management Operations 100%
business segments · FY2025 (ended Dec 2025) · share of tagged segment revenue (10-K XBRL, as filed)
