Erie Insurance CEO NeCastro to Retire at Year End

Erie Insurance CEO NeCastro to Retire at Year End

Erie Insurance said Tim NeCastro, president and chief executive officer, will retire on Dec. 31 after 10 years leading the company.

NeCastro, who was named CEO in 2016, led the company’s growth to nearly $13 billion in premium and more than 7 million policies in force while maintaining strong financial performance. Erie, which celebrated its 100th anniversary in 2025, said NeCastro’s leadership emphasized care for employees, agents and customers while reinforcing ERIE’s values and promise of service.

“Tim has led the organization with extraordinary kindness and humility,” said Tom Hagen, chairman of the board. “He has been a consistent model for The ERIE’s values—always putting people and service first. This is more than just a leadership transition—it marks the closing of a defining chapter in our company’s story.”

Tim NeCastro

The board of directors will immediately begin the process to identify a successor.

NeCastro joined Erie Insurance in 1996 and held senior leadership roles in internal audit, finance, product and policy services, and regional field operations. In 2014, he led the company’s expansion into Kentucky, marking Erie Insurance’s entry into its 12th state.

An Erie, Pennsylvania native, NeCastro has also been active in community and economic development efforts in the company’s hometown. He is the founding board president of the Erie Downtown Development Corp., which has supported investment and revitalization in downtown Erie. He has also served in leadership and advisory roles with civic, philanthropic and industry organizations at the local, state and national levels.

He will continue to as president of the Erie Insurance Foundation, a private charitable foundation.

“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.”

The most important insurance news,in your inbox every business day.

Get the insurance industry’s trusted newsletter

[

Source link