ERIE named to list of only 40 companies to receive distinction in U.S.
(Erie, Pa.) February 25, 2011 – Erie Insurance was recognized as a J.D. Power and Associates’ 2011 Customer Service Champion, one of only 40 companies to earn the distinction in a cross-industry study of more than 800 companies.
“It’s always an honor to be recognized by our Customers and J.D. Power and Associates’,” said Terry Cavanaugh, president and CEO. “And it’s especially rewarding to be recognized in the same ranks with top customer service brands like The Ritz-Carlton, Southwest Airlines, and Zappos.”
To qualify for inclusion on the elite list, companies must not only excel within their own industries, but also must stand out among leading brands in 20 major industries evaluated by J.D. Power. This group of 40 represents the highest-performing companies that deliver service excellence to U.S. customers – both within their respective industries and across all industries measured.
Companies were identified based on customer feedback, opinions, and perceptions gathered primarily from J.D. Power’s syndicated research as well as additional, supplemental research. The five key customer “touch points” measured included people, presentation, process, product, and price.
In 2010, Erie Insurance also earned J.D. Power and Associates’ award for “Highest in Customer Satisfaction with the Auto Insurance Shopping Experience.”
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 13th largest automobile and homeowners insurer in the United States based on direct premiums written and the 19th largest property/casualty insurer in the United States based on total lines net premium written. The Group, rated A+ (Superior) by A.M. Best Company, has over 4.2 million policies in force and operates in 11 states and the District of Columbia. Erie Insurance Group ranks 484 on the FORTUNE 500.
Erie Insurance earned J.D.Power and Associates’ award for “Highest in Customer Satisfaction with the Auto Insurance Shopping Experience.” This recognition is based on the results of the 2010 Insurance Shopping Study, which evaluates the experience of customers purchasing a new auto insurance policy. Erie Insurance is proud to be named a J.D. Power and Associates’ 2011 Customer Service Champion and is only one of 40 companies so named in the U.S. Erie Insurance has also been recognized on the list of Ward’s 50 Group of top performing insurance companies. The Ward’s 50 award analyzes the financial performance of 3,000 property and casualty companies and nearly 800 life and health insurance companies and recognizes the top performers for achieving outstanding financial results in safety and consistency over a five-year period (2005-2009).