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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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
geico and warren buffett - All News and Analysis
Warren Buffett: Geico's success eases catastrophes' bite.(Brief article)
- 2006-04-01
He faulted Katrina and her ugly sisters and touted his long-time darling Geico all in a single letter. Geico improved its productivity 32% in just two years, Warren Buffett told investors in his annual letter to Berkshire Hathaway shareholders. He faulted Katrina and her...
Comcast gets small bounce via Buffett.(Brief Article)
- 2004-08-23
PHILADELPHIA -- Comcast Corp. shares got a slight lift Aug. 17 after it was disclosed that widely followed investor Warren Buffett bought 5 million shares in the company for $147.9 million. Buffett, chairman of Berkshire Hathaway Corp., bought PHILADELPHIA...
Buffet Sees Slow GEICO Growth, Trims Ads.(Brief Article)
- 2001-03-19
You'll see less of GEICO's gecko and other characters pitching auto insurance in 2001, but lowering advertising costs still might not brighten the GEICO underwriting profit picture this year, according to Berkshire Hathaway Chairman Warren Buffett. You'll see less of GEICO's gecko and other...
Buffet's GEICO bid boosts August insurer stock prices.(Warren Buffett)
- 1995-09-18
Thank you, Warren Buffett! Your publicly-traded domain, Berkshire Hathaway, helped turn August into a banner month for property-casualty stocks! You did that with a $2.3 billion bid for the 49 percent of direct writer GEICO that your vastly successfulThank you, Warren Buffett! Your publicly-traded domain,...
Buffett's bid for GEICO sparks P&C stock jamboree.(Warren Buffett, property and casualty insurance stocks)(Month in Insurance Stocks)(Column)
- 1995-09-18
Warren Buffett's $2.3 billion bid for 49% more of GEICO has boosted the price of that company's stock and sparked interest in insurance stocks across the board. The month of August, 1995 was a good one to hold insurance stocks, especially for property andWarren Buffett's $2.3 billion bid for 49%...
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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 |
| 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 |
| Organization | Position | Status |
|---|---|---|
| GEICO Corporation | Senior Counsel | Current |
Executive News
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Warren Buffett Goes Buying … and Selling
Industry Transcripts by Seeking Alpha
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First Financial Bancorp. Q3 2009 Earnings Call Transcript
on Nov 06, 2009about FFBC
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Fortress Investment Group LLC Q3 2009 Earnings Call Transcript
on Nov 06, 2009about FIG
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Markel Corporation Q3 2009 Earnings Call Transcript
on Nov 06, 2009about MKL
Glass Door
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