Erie Insurance Group is welcoming the first chief executive officer to come from outside the company in its 83-year history.
Terrence Cavanaugh takes over as president and CEO of Erie Insurance on July 29. He will be the company’s eighth chief executive.
Cavanaugh comes from Chubb Corp., a New Jersey firm that is larger, but similar to Erie Insurance in its business philosophy.
Both are publicly traded Fortune 500 companies. Both sell property and casualty insurance. And both rely on a network of independent agents to sell their insurance, instead of marketing it directly over the Internet.
___
Information from: Erie Times-News
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’ 
NY Archdiocese Can Depose Chubb CEO Greenberg in Clergy Abuse Claims Case 
Arthur J. Gallagher’s RPS Acquires McKee Risk Management 
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
