Sector: Financials|Industry: Insurance Brokers|Market Cap: $21.68B|Employees: 6.6K
Erie Indemnity Company serves as the attorney-in-fact for the Erie Insurance Exchange, a reciprocal insurer. They primarily manage policy issuance, claims handling, and investment services for the Exchange and its subsidiaries. The company's revenue is largely derived from management fees based on premiums written by the Exchange. They operate primarily in the property and casualty insurance sector, utilizing independent agencies as their distribution channel.
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