Erie-based Erie Insurance Group recently announced President and CEO Tim NeCastro plans to retire at the end of the year.
“Erie Insurance has shaped not only my career, but my life,” NeCastro said. “I’ve been fortunate to work alongside people who care deeply about one another, about our customers and about the communities we serve. While this chapter is coming to a close, my commitment to Erie and to this community isn’t ending. I’m grateful for the opportunity to continue serving in a new way and to stay connected to the place and people that mean so much to me.”
NeCastro joined the company in 1996 and became CEO in 2016. While he was CEO, the company grew to nearly $13 billion in premium and more than 7 million policies, maintained strong financial performance and celebrated its 100th anniversary. His leadership reinforced Erie’s values and emphasized care for employees, agents and customers.
After retirement, NeCastro will become president of the Erie Insurance Foundation, a private charitable foundation established to support long-term charitable giving and community impact aligned with the company’s values.
The board of directors have begun the process of identifying a successor.
Erie Insurance Group operates in 12 states and the District of Columbia.