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5260 Western Ave. Chevy Chase, MD 20815 MD Tel. 301-986-3000 Fax 301-986-2888 |
Type: Subsidiary
On the web:
http://www.geico.com
The Government Employees Insurance Company, widely known as GEICO, has found that driving down costs brings drivers by the droves into its fold. GEICO has traditionally provided auto and other insurance to preferred low-risk demographic groups (such as government and military employees) but has also begun to sell to nonstandard (high-risk) drivers. In addition to auto coverage, the company's offerings include motorcycle insurance and emergency road service. GEICO eschews agents in favor of direct marketing through such vehicles as direct mail, TV, radio, and the Internet. Its gecko mascot is one of the most recognized marketing icons. The company is a subsidiary of Warren Buffett's Berkshire Hathaway.
Officers:
Chairman, President, and CEO: Olza M. (Tony) Nicely
SVP and CFO: Mike Campbell
VP Marketing: Edward W. Ward
Competitors:
Allstate
Farmers Group
State Farm
