Penn.-based Erie Insurance recently announced that the company plans to write business in Minnesota beginning in the fourth quarter of 2009. .
“We are looking forward to entering Minnesota because of the substantial growth opportunities the state provides for our company,” says John J. Brinling, Jr., president and CEO of Erie Insurance. “A history of positive underwriting results by insurers in Minnesota makes this an attractive market for us. The state also has a highly professional insurance department with a reputation for holding all companies to the same standards of conduct. Minnesota’s proximity to our existing marketing territory will also help us transition smoothly to this new state.
“Erie offers insurance exclusively through independent agents,” continued Brinling. “This will give Minnesota customers a chance to build a relationship with a local agent who is providing service right in their community.”
Erie Insurance currently writes in Indiana, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Illinois, Wisconsin and the District of Columbia. Minnesota will be the third state in Erie’s Heartland Region along with Wisconsin and Illinois. Erie Insurance is a multi-line insurance company, offering auto, home, commercial, life and annuities products.
Source: Erie Insurance
Topics New Markets
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