Last Updated: Nov 21, 2024

GEICO at a Glance

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Want to find out just how many customers we serve? Interested in seeing proof of GEICO's financial strength? Just want to know what the heck GEICO stands for? You've come to the right place. Peruse the facts and figures here to find out everything you've ever wanted to know about GEICO corporate operations.

What does GEICO Stand for?

Government Employees Insurance Company. Puzzled, are you? Well, the name goes back to the beginnings of the company. Founder Leo Goodwin first targeted a customer base of U.S. government employees and military personnel. Today, of course, the company has grown to provide insurance to a wide range of customers, no matter whether they're employed by Uncle Sam or the private sector.

How many Customers does GEICO Serve?

  • 9 million auto policyholders and growing
  • GEICO insures more than 16 million vehicles

Just the Stats on GEICO

  • Third-largest private passenger auto insurer in the United States as reported by A.M. Best 2008 market share data
  • Fastest-growing major auto insurer in the U.S., with policies-in-force growth of 8.9 percent in 2008
  • Employs 24,000 associates
  • Maintains 12 major offices around the country
  • Provides 24-hour service, 7 days a week, 365 days a year
  • Four affiliated companies to meet insurance needs of drivers

Who's at the Helm?

  • Tony Nicely, Chairman, President and CEO, Insurance Operations
  • Lou Simpson, President and CEO, Capital Operations

What's the Connection with Berkshire Hathaway?

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 three years (2006, 2007, and 2008), Fortune magazine has named Berkshire's property-casualty insurance operation the most admired in the country.

Who Vouches for GEICO's Financial Strength?

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

  • AA+ rating from Standard and Poor's
  • Aa1 from Moody's
  • A++ from A. M. Best

When and Where to Reach GEICO?

  • Contact us 24 hours a day, 7 days a week, 365 days a year
  • Corporate headquarters:
    5260 Western Avenue, Chevy Chase, Md. 20815
  • Mailing address:
    One GEICO Plaza, Washington, D.C. 20076
  • Regional offices:
    Fredericksburg, Virginia
    Woodbury, New York
    Macon, Georgia
    San Diego, California
    Dallas, Texas
    Lakeland, Florida
    Virginia Beach, Virginia
    Buffalo, New York
  • Service centers:
    Coralville, Iowa
    Tucson, Arizona
    Honolulu, Hawaii

What does GEICO Offer Our Men and Women in Uniform?

Since its founding in 1936, GEICO has worked to offer members of the U.S. military the most affordable insurance options. We continue to recognize the troops' important service to our country with special discount programs and service options. Whether they are deployed domestically or abroad, in peacetime, or in times of conflict, GEICO is always committed to providing members of the military the service and respect that they deserve.

Does GEICO Offer More than Car Insurance?

Indeed! In addition to auto insurance, GEICO can help you with:

 

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