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GEICO (Government Employees Insurance Company)


The name goes back to GEICO's first customers in 1936, who were government employees and Military personnel. Founder Leo Goodwin went into business determined that he could deliver automobile insurance at reduced prices by selecting prime customer groups and marketing directly to them. Goodwin succeeded in driving down operating costs and passed on the savings to policyholders up front as discounts. GEICO continues to find ways to manage its business costs in order to offer savings to all drivers today.

Customer Base

8.5 million auto policyholders and growing

GEICO insures more than 14.4 million vehicles

Size and Scope

GEICO is the third-largest private passenger auto insurer in the United States based on the latest 12 months written premium

GEICO's parent company, Berkshire Hathaway, is the 3rd largest property/casualty insurer in the world

GEICO is the fastest-growing major auto insurer in the U.S., with policies-in-force growth of 8.8 percent in 2007

23,000 associates

12 major offices around the country

Provides 24-hour service, 7 days a week, 365 days a year

Four affiliated companies meet insurance needs of drivers

Leadership

Tony Nicely, Chairman, President and CEO, GEICO

Lou Simpson, President and CEO, Capital Operations

Berkshire Hathaway Connection

In 1996, GEICO became a wholly-owned subsidiary of Berkshire Hathaway, headed by Warren Buffett, one of the country's most successful investors. For the past two years, Fortune magazine has named Berkshire's property-casualty insurance operation the most admired in the country.

Financial Strength

GEICO/Berkshire Hathaway and its affiliates (GEICO General, GEICO Indemnity and GEICO Casualty) enjoy the highest ratings in the industry for financial strength and claims-paying ability:

AAA rating from Standard and Poor's

Aaa from Moody's

A++ from A. M. Best

It was the Goodwins who in the mid-1930s — while the Great Depression was still in full fury — took a calculated risk to start up what has become one of the most successful and highly respected companies in the nation ... the Government Employees Insurance Company ... GEICO.


Leo Goodwin hammered out the basic business plan during his early career days in Texas. He believed that if he lowered costs in the company by marketing directly to carefully targeted customer groups, he’d be able to pass along lower premiums and still earn a profit. He was right. The business began its upward climb and, in 1936, Goodwin established GEICO operations in Washington, D.C.


To read more about our history, go to http://careers.geico.com/learn_about_geico/geico_history.

Products

Auto

Motorcycle & ATV

Home, Condo & Renter's

Life

Umbrella

Boat

RV


Services


To provide superior service to our customers, we depend on our business partners who provide emergency road service, inspection sites, and car loans and leases.

GEICO has regional offices at several locations throughout the United States, with headquarters located near Washington, D.C.

Buffalo, N.Y.

Woodbury, N.Y.

Chevy Chase, Md. (HQ)

Fredericksburg, Va.

Virginia Beach, Va.

Macon, Ga.

Lakeland, Fl.

Dallas, Texas

San Diego, Calif.

Honolulu, Hawaii

Coralville, Iowa

Tucson, Ariz.

Start Your Career at GEICO!


Each year, we welcome more than 300 college hires into a variety of positions. Grads can start careers at GEICO in sales, claims, underwriting, product management, auto damage, information technology, actuary, management development and customer service. For more information, visit us online at www.geico.jobs.


In 2008, GEICO was named a "Top Employer" and a "Top Intern Employer" by CollegeGrad.com!


View our college recruiting events schedule online at www.geico.jobs.

When you come to work for GEICO, you'll be offered a comprehensive, total rewards package, that includes:

Medical and dental coverage

Outstanding Profit-sharing and 401(k) plans

Paid vacation, holidays and leave programs

Life insurance and disability plans

Flexible Spending Accounts

Tuition reimbursement

Associate assistance

Dependent and long-term care assistance programs

Business casual dress

GEICO Federal Credit Union

Onsite medical, fitness and dining facilities (at most locations)

Associate phone, computer, hotel and travel discounts

Building a Winning Team


One of GEICO's strengths is the diversity of our associates, which helps us consistently meet the needs of our more than 8 million customers.


Diversity infuses our company with energy, increases the quality of new ideas, makes us more responsive to our customers' needs, and adds to our continued success. It gives GEICO the vitality today's ever-changing business world demands.


We cultivate a diverse work force and maintain a work environment in which every individual is valued for his or her unique skills and perspectives. We ensure that all associates have an equal opportunity to achieve their full potential. At GEICO, people are rewarded for their performance and the meaningful contributions they make to our organization.


Together, we will build and maintain an environment free from harassment and discrimination, where we value diversity and treat every associate fairly, with respect and tolerance. By following our operating principles and adhering to values such as honesty, integrity and respect, we are creating an environment that makes us all stronger, more effective, and ultimately more profitable.

Ensuring a Better Community for the People We Insure


GEICO takes pride in being one of the nation's fastest-growing auto insurance companies. We are equally proud of the work we do outside our office walls. Part of GEICO's corporate mission is to encourage active, involved citizenship. GEICO associates read, build, mentor, walk, run, coach – we do whatever it takes to help organizations and people in need.


Through GEICO Corporate Community Citizens (GCCC), our associates contribute to, and participate in, a variety of activities where we have offices.

Our associates raise money to support organizations such as the United Way, March of Dimes, the Make-A-Wish Foundation, and Children's Hospital.

We host on-site blood drives in partnership with the American Red Cross.

Our associates volunteer for Big Brothers/Big Sisters, Toys for Tots, Habitat for Humanity, and the Special Olympics.

Each year, we donate coats, blankets and food for charity, and provide gifts to deserving children and seniors through our Angel Tree program.

GEICO sponsors walkers and runners to raise money for various causes and medical research.