Erie Indemnity CEO Tim NeCastro to Retire in 2026

NeCastro led the insurance company through a decade of growth and community involvement.

Published on Mar. 1, 2026

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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, with Erie Insurance growing 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.

Why it matters

NeCastro's retirement marks the end of an era for Erie Indemnity, a major insurance provider and employer in the Erie, Pennsylvania region. His leadership emphasized care for employees, agents and customers while reinforcing the company's values and community involvement.

The details

During NeCastro's tenure as CEO, Erie Insurance expanded into Kentucky, marking the company's entry into its 12th state. He also guided the organization through several significant milestones, including celebrating the company's 100th anniversary in 2025. NeCastro has been active in community and economic development efforts in Erie, serving as the founding board president of the Erie Downtown Development Corp.

  • NeCastro will retire as president on December 31, 2026.
  • NeCastro was named CEO in 2016.
  • Erie Insurance celebrated its 100th anniversary in 2025.

The players

Tim NeCastro

The retiring president and CEO of Erie Indemnity Company, who has led the insurance provider through a decade of growth and community involvement.

Erie Indemnity Company

A major insurance provider and employer in the Erie, Pennsylvania region, which has grown to nearly $13 billion in premium and more than 7 million policies in force under NeCastro's leadership.

Erie Downtown Development Corp.

A community organization that NeCastro helped found and has served as the founding board president, supporting investment and revitalization in downtown Erie.

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What’s next

The board of directors will immediately begin the process to identify a successor to NeCastro, who will remain in his role through the end of the year to ensure a smooth transition.

The takeaway

NeCastro's retirement marks the end of an era for Erie Indemnity, a major regional insurance provider that has grown significantly under his leadership while maintaining a strong commitment to its employees, customers, and the Erie community.