Government Employees Insurance Company
(also known as GEICO) |
|
| Type |
Subsidiary of Berkshire Hathaway |
| Founded |
1936, Fort Lauderdale, Florida |
| Headquarters |
Chevy Chase, Maryland |
| Key people |
Olza M. "Tony" Nicely, CEO & Chairman |
| Industry |
Finance and Insurance |
| Products |
Auto insurance |
| Revenue |
$9.212 billion USD (2004) |
| Employees |
22,000 |
| Slogan |
"Fifteen minutes could save you fifteen percent or more on car insurance." and "It's so easy a caveman could do it" |
| Website |
www.geico.com |
The Government Employees Insurance Company, usually known by the acronym GEICO, is an American auto insurance company. GEICO is a wholly owned subsidiary of Berkshire Hathaway and, as of 2006, provided coverage for more than 10 million motor cars, trucks and other motor vehicles owned by more than 7 million policy holders. GEICO writes private passenger automobile insurance in the District of Columbia and in all U.S. states except Massachusetts.