Erie Indemnity Company serves as attorney-in-fact for the Erie Insurance Exchange, a reciprocal property and casualty insurer founded in 1925, performing policy issuance, renewal, claims handling, and investment management services on behalf of the Exchange and its wholly owned subsidiaries including Erie Insurance Company and Erie Family Life Insurance Company. The company operates under a single management operations segment and earns revenue primarily through a management fee calculated as a percentage (not to exceed 25%) of direct and affiliated assumed premiums written by the Exchange, with the fee rate set annually by the Board of Directors based on operating results, financial strength, capital position, and competitive factors. The Exchange's business is distributed exclusively through independent insurance agencies and comprises personal lines (71% of 2025 premiums, primarily private passenger automobile and homeowners) and commercial lines (29%, including commercial multi-peril, commercial automobile, and workers compensation), with seasonal patterns driving higher premiums in the second and third quarters. The company's competitive position derives from its unique role as the sole service provider to the Exchange under the reciprocal structure, while the Exchange itself competes in the highly competitive property and casualty insurance industry on the basis of customer service, price, financial stability, and claims handling, leveraging a disciplined underwriting philosophy and strong surplus position. As of December 31, 2025, Erie Indemnity employed 6,667 full-time employees with an average tenure of 10.9 years and voluntary turnover rate of 6.3%, with approximately 50% providing claims and life insurance management services that are reimbursed monthly by the Exchange and its subsidiaries.

Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call