Erie Indemnity Company announced that Tim NeCastro will retire as president on December 31, 2026, concluding a 30-year career with the company, including 10 years as CEO. NeCastro, who was named CEO in 2016, led the company through a period of significant growth. During his tenure, Erie Insurance grew to nearly $13 billion in premium and more than 7 million policies in force while maintaining strong financial performance and its long-standing commitment to service.
NeCastro, who was named CEO in 2016, led the company through a period of significant growth. During his tenure, Erie Insurance grew to nearly $13 billion in premium and more than 7 million policies in force while maintaining strong financial performance and its long-standing commitment to service. 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. As CEO, NeCastro guided the organization through several significant milestones, including celebrating the company’s 100th anniversary in 2025. His leadership emphasized care for employees, agents and customers while reinforcing ERIE’s values and promise of service.
An Erie 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.
Following his retirement as CEO, NeCastro will continue to serve the company and community as president of the Erie Insurance Foundation, a private charitable foundation established to support long-term charitable giving and community impact aligned with ERIE’s values. The board of directors will immediately begin the process to identify a successor. NeCastro will remain in his role through the end of the year, ensuring continuity throughout the search and transition.