After an analysis of over 3,000 property/casualty insurers, the results are in: Erie Insurance has been named one of Ward’s 50 Top Performers for the year.
Members of Ward’s 50 set themselves apart from other companies by excelling at financial safety, consistency and performance over a five-year period. As an independent agency representing The ERIE, we’re pleased to share in this honor.
What it means
The recognition signifies the company’s financial strength as well as ERIE’s and our agency’s mutual commitment to customer service. After passing all of Ward’s safety and consistency screens, ERIE ranked in the top 50 based on a detailed list of financial criteria and metrics. This is the 20th year that the Ward Group has conducted the analysis, and ERIE has appeared on the national list 13 times.
According to Ward, a leading provider of insurance industry benchmarking, members of the Top 50 list successfully manage day-to-day business while staying focused on their customers.
“Our research consistently finds the top companies achieve a proper balance between managing expenses and making prudent investments in systems or processes to meet customer needs and corporate goals,” explains Jeff Rieder, president of Ward Group.
For ERIE and its Agents, the award is an important acknowledgement of a commitment to a strong balance sheet and an operating model designed to meet Customers’ needs, according to Terry Cavanaugh, Erie Insurance president and chief executive officer.
“By remaining committed to our Above All in SERVICE philosophy, we achieve preeminence in execution and operating results,” Terry said.
For more information on this recognition, refer to Erie Insurance’s press release or the Ward Group’s Web site.
ERIE® insurance services are provided by one or more of the following insurers: Erie Insurance Exchange, Erie Insurance Company, Erie Insurance Property & Casualty Company, Flagship City Insurance Company and Erie Family Life Insurance Company (home offices: Erie, Pennsylvania) or Erie Insurance Company of New York (home office: Rochester, New York). Not all companies are licensed or operate in all states. Not all products are offered in all states. Go to erieinsurance.com for company licensure and territory information.
For more information, drop by our website at www.albionagencies.com, or give us a call at 589-4477.
The information in this post is general in nature, and geared toward insurance conditions in Western New York. As always, you should speak with an insurance adviser to determine your specific insurance needs.
