Erie Insurance Group selects Benesyst for FSA and COBRA Administration Services

September 2007

Major Pennsylvania insurer Erie Insurance Group, rated by Fortune magazine as one of the 400 best-managed companies in America has selected Benesyst to provide both FSA and COBRA Continuation administrative services. Erie Insurance Group is the 21st largest property/casualty insurance group in the U.S., based on 2006 Policyholder surplus, and the 21st largest property/casualty insurer based on total lines net premiums written. It is the 16th largest auto insurer in the country based on direct premiums written, and the 3rd largest auto insurer in Pennsylvania. Erie Insurance Group is the 463rd largest U.S. corporate group, in terms of revenue, as ranked by Fortune magazine in April 2007.

Erie chose Benesyst as the result of an extensive selection process focused on providing both the highest quality services to its valued employees as well as solutions which are technologically advanced and as paperless as possible. Being an insurer Erie also placed a strong emphasis on compliance and audit functions, both Benesyst strong suits. This is yet another example of a sophisticated buyer understanding that the best value is not necessarily the largest administrator, or the lowest cost, but the one which can ensure true participant satisfaction combined with paperless carrier connectivity and proactive HR support for the sponsoring company.

For More About Benesyst
Benesyst is an established, high technology, high performance benefit administration outsourcer. Benesyst is the creator of BeneSmart™, a state-of-the-art, online enrollment and eligibility management solution that revolutionizes the way systems "think" about and manage benefits. Benesyst is also a "best of breed" Flexible Benefit Account (all types), HIPAA/COBRA/State Continuation and Short-Term Disability Benefit Administrator, offering high-touch, high performance innovative solutions in these traditionally outsourced services.
www.benesyst.net.

About Erie Insurance
Erie Insurance is a multi-line insurance company, offering auto, home, commercial, life and annuities. According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 15th largest automobile insurer in the United States based on direct premiums written and the 22nd largest property/casualty insurer in the United States based on total lines net premium written. The Group, rated A+ (Superior) by A.M. Best Company, has almost 3.8 million policies in force and operates in 11 states and the District of Columbia. Erie Insurance Group ranked 463 on the FORTUNE 500 and Erie Indemnity Company is included in Forbes Magazine's PLATINUM 400 list of the best-managed companies in America.
www.erieinsurance.com .