BNET Industries
Last Fiscal Year Sales:$300.0M
- Private
- US
Dow Jones Description
The name GEICO stands for Government Employees Insurance Company. When GEICO was founded in 1936, its first customers 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. He succeeded, and more than 70 years later, GEICO continues to find ways to manage its business costs in order to offer savings to customers today. In doing so, GEICO has become the fastest-growing major auto insurer in the U.S., insuring more than 13 million vehicles. GEICO continues to do what it does best ... to offer excellent coverage at low prices and to provide outstanding customer service. GEICO's stellar service reputation is the result of the more than 22,000 associates who exemplify one of GEICO's primary operating principles: Be fanatics for outstanding customer service! In much the same way that GEICO respects and is committed to its customers, GEICO is also committed to its associates. With outstanding benefits, excellent training, and ample growth opportunities for all associates, GEICO offers the support you need to build the career you want.
Chief Executive Officer
Louis A. SimpsonNumber of Employees 2,999
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
Recent Events
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GEICO names Martha Furnas vice president
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Get the most out of your membership benefits!
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Geico tests Internet's limits
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Settlement to end Alaska police chase lawsuit
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Insurance coverage for miscellaneous vehicles
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Google Turns Tables, Countersues Search Marketer
News & Analysis
Filter by
agent and geico - All News and Analysis
A brand new approach: auto insurers are looking to various channels and a consistent message to brand their companies.(Property/Casualty)
Amazon.com Founder and Chief Executive Officer Jeff Bezos may have said it best when he remarked, "A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well." Many auto insurers, undaunted by the...
GEICO Pulls Ads About Agents In Louisiana.(Brief Article)
The Louisiana insurance department and GEICO have entered into a formal consent agreement in which the direct writer said it would no longer run advertising that reflected negatively on independent agents. The agreement, according to Ron Musser, th The Louisiana insurance department and GEICO...
Ohio Agents, GEICO Clash Over Licensing.(Brief Article)
The Ohio Department of Insurance is scheduled to hold a hearing later this week to determine if Washington, D.C.-based GEICO Insurance uses unlicensed agents to sell insurance in the state. The hearing is in response to a complaint filed by the Pro The Ohio...
GEICO Hit On Anti-Agent Ads.
Washington-based direct writer GEICO Casualty Co. and other direct writers have been instructed by Louisiana regulators to change some ads that insurance agents feel are demeaning to their profession. "We're trying to be fair and set some layo Washington-based direct writer GEICO Casualty Co....
PIA Fights Negative Portrayals Of Agents.
Watching an insurance agent get kicked out of a car in a television advertisement might get consumers to buy their insurance direct, or at the very least cause them to chuckle. But the agents themselves are definitely not laughing about these ads ...
The Washington Times Advertising and Media Column.
Knight Ridder/Tribune Business News Nov. 9--Geico Direct, the Chevy Chase-based direct-to-consumer insurance behemoth, has gotten itself into some hot water with the National Association of Professional Insurance Agents in Alexandria. A series of Geico television commercials that has aired this year ...
Independent Agents Urge GEICO To Take The High Road On Advertising.
JEFFREY M. YATES IS CHIEF EXECUTIVE OFFICER, INDUSTRY AND STATE RELATIONS AT THE INDEPENDENT INSURANCE AGENTS OF AMERICA IN ALEXANDRIA, VA. Insurance agents are fed up with GEICO's attack advertising, which disparages the role that agents play in the JEFFREY M. YATES IS CHIEF EXECUTIVE OFFICER,...
GEICO to buy agent-owned carrier. (Southern Heritage Insurance Co.)
GEICO To Buy Agent-Owned Carrier The board of directors of a fast-growing $4 million regional property-casualty insurer chartered six years ago by a handful of Georgia independent agents has tentatively accepted a $16.6 million purchase offer from WGEICO To Buy Agent-Owned Carrier ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Louis A. Simpson | Chief Executive Officer |
| Jess Reed | Geico's Chief Information Officer |
| Thomas M. Wells | CFO |
| Bill Roberts | Geico Executive Vice President |
| Bob Miller | Geico Senior Vice President of the Company's Northeast Operations |
| Charles R. Davies | General Counsel & Senior Vice President |
| Greg Kalinsky | Regional Vice President for Geico's San Diego Regional Office |
| Joe Thomas | Regional Vice President |
| Martha Furnas | Geico Assistant Vice President |
| Steve Cunningham | Assistant Vice President and General Manager of Geico's Northeast Operations |
| Ted Ward | Vice President, Marketing |
| Ron Racinowski | General Manager of Usaa |
| Tim Dayton | General Manager for Geico's Operations |
| Greg Jacobi | Director of Sales and Service for Geico's Buffalo Office and Geico |
| Carol Hodkin | Human Resources Manager of Geico's Woodbury |
| Andrew Pong | Specialist |
| Charles G. Schara | Treasurer |
| Gopal Reddy | |
| Jonathan Cogan | |
| Larry Hinton | Senior Counsel |
Elected 2006 Mr. Simpson has served as president and chief executive officer, capital operations, of GEICO Corporation, an auto insurer, since May 1993. Mr. Simpson previously served as vice chairman of the board of GEICO from 1985 to 1993. He also serves on the board of directors of VeriSign, Inc. Mr. Simpson previously served as a director of our company from 1999 to 2002.
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Chief Executive Officer | Current |
| GEICO Corporation | President | Current |
| Castle Creek Financial LLC | President and Chief Executive Officer, Capital Operations, Geico Corporation | Current |
| ResMed, Inc. | Director | Current |
| Castle Creek Financial LLC | Board of Directors | Current |
| Soltrus | Director | Current |
| Science Applications International Corporation | Board of Directors | Current |
| VeriSign, Inc. | Board of Directors | Current |
| Western Asset Management Co., Ltd | chief executive officer | Former |
| Western Asset Management Co., Ltd | president | Former |
| GEICO Corporation | chief investment officer | Former |
| GEICO Corporation | senior vice president | Former |
| Princeton University | Master's Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Geico's Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | CFO | Current |
| GEICO Indemnity Company | CFO & Senior Vice President | Former |
| GEICO Casualty Company | Controller & Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Geico Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Geico Senior Vice President of the Company's Northeast Operations | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | General Counsel & Senior Vice President | Current |
| GEICO Casualty Company | General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Regional Vice President for Geico's San Diego Regional Office | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Regional Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Geico Assistant Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Assistant Vice President and General Manager of Geico's Northeast Operations | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | General Manager of Usaa | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | General Manager for Geico's Operations | Current |
| GEICO Corporation | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Director of Sales and Service for Geico's Buffalo Office and Geico | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Human Resources Manager of Geico's Woodbury | Current |
| Organization | Position | Status |
|---|---|---|
| Silver Spring Church of Christ | Computer Specialist With Geico | Current |
| Naval Research Laboratory | Research Scientist | Current |
| GEICO Corporation | Specialist | Current |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Treasurer | Current |
Gopal has tremendous exposure in the IT industry with companies like Teligent, Equant, AOL, Nextel, and Geico. He has over ten years of experience in the software industry with expertise in Client server, Data Warehouse and Business Intelligence. He loves to read books & is keen on learning new technologies. His keen business sense and a sharp eye for opportunities are his key strengths. He is committed to community service & philanthropy.
| Organization | Position | Status |
|---|---|---|
| Technical Strategies, Inc. | Vice President, Co-Founder | Current |
| GEICO Corporation | Current | |
| Teligent, Inc. | Current | |
| Equant | Current |
| Organization | Position | Status |
|---|---|---|
| Grace Preparatory School | Current | |
| GEICO Corporation | Current | |
| Grove City College | BA In Education | Former |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Senior Counsel | Current |
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