What does "GEICO" stand for?
Government Employees Insurance Company. Puzzled, are you? Well, the name goes back to the beginnings of our company. Founder Leo Goodwin first targeted a customer base of U.S. government employees and military personnel. Today, of course, GEICO has grown to provide insurance to a wide range of customers.
Our Parent Company
In 1996, GEICO became a wholly-owned subsidiary of Berkshire Hathaway, led by Warren Buffett, one of the country's most successful investors. For the past two years, FORTUNE Magazine has named Berkshire's property-casualty insurance operation the most admired in the country.
View the Berkshire Hathaway Annual and Quarterly Reports
Message from our CEO
At GEICO, we often hear Tony Nicely — our Chairman and CEO — say, “There’s never been a better time to be a GEICO associate,” and he would know, as he began his own career at GEICO more than 50 years ago ... as a clerk.
An American Success Story
GEICO is built on ingenuity, perseverance, innovation, resilience and hard, honest work. From its humble beginnings in the midst of the Great Depression to its current place as one of the most successful companies in the nation, GEICO represents a quintessential American success story.