Business
Erie Insurance Rings Opening Bell at Nasdaq for 100th Anniversary

Erie, Pennsylvania — Erie Insurance President and CEO Tim NeCastro rang the opening bell at Nasdaq on April 28, 2025, celebrating the company’s 100th anniversary.
The ceremony took place at the Nasdaq MarketSite in Times Square, marking a significant milestone for both Erie Insurance and its parent company, Erie Indemnity Company, which has been listed on Nasdaq for 30 years.
NeCastro, who became CEO of Erie Indemnity in 2016, signaled the market’s opening at 9:30 a.m. EDT. The event is a notable achievement for the company, which is now ranked as the 376th largest corporation in the United States.
According to Nasdaq, bell-ringing privileges are typically given to representatives of companies listed on the exchange to celebrate special achievements. Notable past bell-ringers include celebrities and corporate leaders such as Tom Hanks and Nelson Mandela.
In recognition of the event, Nasdaq shared facts about Erie Insurance’s history and its founding in 1925 on its social media platforms. The company has maintained a strong commitment to customer service, boasting high retention rates and ratings in customer satisfaction.
Erie Insurance has 6,800 employees and 14,000 local agents, overseeing over 7 million active policies valued at nearly $12 billion in premiums.
As trading closed at 4 p.m., the company hoped for favorable results, amid a volatile stock market in recent weeks.