The medal's obverse bears conjoined busts of astronaut and pioneer facing right, globe with orbiting satellite and space capsule, and Conestoga wagon with oxen and drivers. Above, REINSURANCE; at bottom, PIONEERS OF THE PAST AND OF THE FUTURE
The reverse bears ERC initials on a diagonal, flanked by 1914 and 1964. Around top, EMPLOYERS REINSURANCE CORPORATION; at bottom, OUR 50TH YEAR
The Employers Reinsurance Corporation was a Kansas-based reinsurance company that was first acquired by GE Capital and in 2005 by Swiss Re.
The circular medal measures 76.5mm in diameter and was struck in bronze. Neither maker, nor artist or mintage are known and any information would be highly welcome.