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 OfficerLouis A. Simpson
Number of Employees 2,999
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
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News & Analysis
Filter by
geico - All News and Analysis
Charles County Circuit Court awards full coverage, rejects waiver
- 2008-10-14
GEICO Insurance Co. should have paid $300,000 in uninsured motorist coverage to a Waldorf man when his son was rear-ended in November 2004, not the $20,000 the father purchased when he bought the policy and signed a waiver in 1992, a Charles County jury decided this month. The...
GEICO Deploys Guidewire
- 2008-06-10
GEICO's national team of claims counselors now using Guidewire ClaimCenter[R] to maximize customer service
Heat Safety Advisory from GEICO: Do Not Leave Children or Pets Unattended in Vehicles
- 2008-06-10
TUCSON, Ariz. -- With temperatures expected to be in the triple digits for the next few weeks, now is the time to be mindful of the hazardous risks to children and pets left in unattended vehicles.
Hampton Roads votes GEICO the 'Best of the Beach'
- 2008-05-30
VIRGINIA BEACH, Va. -- For the seventh year in a row, local customers voted GEICO as the Best Insurance Company, while GEICO associates voted GEICO the Best Place to Work.
GEICO Chooses Clear Channel Radio for Cause Marketing
- 2008-05-20
Top Insurance Ad Spender to Raise Public Awareness for the American War Letters Campaign with Clear Channel Radio's Integrated On-Air and Online Assets
Alex Gomez of Chula Vista and Jeff Lee of San Diego were honored by Geico with quality awards at a ceremony in Washington, D.C
- 2008-05-05
Alex Gomez of Chula Vista and Jeff Lee of San Diego were honored by Geico with quality awards at a ceremony in Washington, D.C. Gomez accepted an award on behalf of his team's efforts to keep Geico's San Diego regional location operational during the October wildfires and for Geico's evacuation...
Local Man Volunteers 80 Hours Per Month, Earns GEICO Community Volunteer of the Year Award
- 2008-05-02
VIRGINIA BEACH, Va. -- Edward Hinds of Cumberland, Va., was the honored recipient at today's GEICO Volunteer Service Awards ceremony at GEICO's headquarters in Washington, D.C.
GEICO offers ways to stay on the road to motorcycle safety
- 2008-04-10
WASHINGTON -- Operating a motorcycle takes different skills than driving a car, but the laws of the road apply to every driver just the same.
GEICO: Parent-Teen Driving Contract Can Help Family Members Stick to the Rules
- 2008-04-08
WASHINGTON -- Even after a teen has his or her driver's license, a parent's job isn't over. In fact during the first six months it's even more important for parents to protect their young drivers who will be on the road alone for the first time.
Supreme Court ruling on the Fair Credit Reporting Act and auto insurers' use of insurance scores to set premiums.
- 2008-04-01
ON June 4, 2007, the United States Supreme Court resolved several questions of first impression presented in consolidated cases about how the "adverse action" notification provisions in the federal Fair Credit Reporting Act FCRA (2) apply to personal lines insurance underwriting. In Safeco Insurance Co. v....
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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3 Doors Down Rocks with Geico Cavemen
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Direct Writers Continue Battle for Massachusetts Auto Market
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GEICO Now Open for Business in Massachusetts
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3 Doors Down Rocks with Geico Cavemen
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Geico's Cavemen Rock With 3 Doors Down
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Glass Door
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