GEICO

Government Employees Insurance Company (doing business as GEICO) Type Subsidiary Industry Insurance Founded Fort Worth, Texas, U.S. (1936) (75th annaversary) Headquarters Chevy Chase, Maryland, U.S. Key people Tony Nicely, Chairman, President & CEO, Treasurer Products Auto insurance Revenue US$9.212 billion (2004)[1] Employees 27,000 Parent Berkshire Hathaway Website geico.com GEICO headquarters in Chevy Chase, Maryland The Government Employees Insurance Company (GEICO /ˈɡaɪkoʊ/) is an auto insurance company. It is a wholly owned subsidiary of Berkshire Hathaway that as of 2007 provided coverage for more than 10 million motor vehicles owned by more than 9 million policy holders. GEICO writes private passenger automobile insurance in all 50 U.S. states and the District of Columbia. Rather than relying on agents to sell policies, GEICO uses a direct-to-consumer sales model and puts funds saved from not paying agent commissions toward the purchase... (see more)