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Geico

One of the largest U.S. auto insurers, a Berkshire Hathaway subsidiary known for the GEICO Gecko.

GEICO Corporate At-a-Glance

GEICO — the Government Employees Insurance Company — is one of the largest auto insurers in the United States, headquartered at 7272 Wisconsin Avenue, Bethesda, Maryland. It holds strong financial strength ratings, including AA+ from Standard & Poor's, Aa1 from Moody's, and A++ from A.M. Best. The company sells personal auto, motorcycle, and other lines of insurance, marketed heavily under its well-known GEICO Gecko brand mascot.

Founded in 1936 by Leo Goodwin, GEICO originally targeted U.S. government employees and military personnel, and has since expanded to serve a broad range of customers in both the public and private sectors. In 1951, Columbia University business student Warren Buffett made his first purchase of GEICO stock — a notable milestone, as the company is now a subsidiary of Buffett's Berkshire Hathaway, one of the largest public companies in the world.

GEICO operates at significant scale: it passed 17 million policies in force in 2019 and insures more than 28 million vehicles. With more than 40,000 associates across 17 major locations, it offers insurance in all 50 states and the District of Columbia, and is the largest auto insurer in states including Florida, New York, New Jersey, Virginia, Maryland, and others. The company provides round-the-clock service via geico.com and (800) 841-3000.

As a high-volume, technology- and service-driven insurer handling tens of millions of policies and 24/7 customer contact, GEICO is highly relevant to innovations in insurance operations, customer service, claims processing, and digital marketing.

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