GEICO INSURANCE REVIEW

The name goes back to GEICO’s first customers in 1936 who were government employees and Military personnel. Founder Leo Goodwin went into business determined that he could deliver automobile insurance at reduced prices by selecting prime customer groups and marketing directly to them. Goodwin succeeded in driving down operating costs and passed on the savings to policyholders up front as discounts. GEICO continues to find ways to manage its business costs in order to offer savings to customers today.

Highlights
GEICO is the 4th largest private-passenger auto insurer in the United States. The ranking is established each year by A. M. Best based on direct written premiums
GEICO is the largest direct writer of private passenger auto insurance in the country.
$21.2 billion in assets
21,500 associates
12 major offices around the country

Contact
Geico Insurance
5260 Western Avenue
Chevy Chase, Md. 20815

Professional Review

A.M. Best Financial strength rating - A++ (Superior)

Best place to work surveys (2005) Named as a "top employer" for college graduates by Collegegrad.com and The Black Collegian
Mentioned in "The Best Entry Level Jobs" - Princeton Review Guidebook

Fitch Insurer financial strength - AAA
Senior debt and long-term issuer score AAA

Forrester Survey Consumers rated GEICO above the national average for simplicity of doing business, trustworthiness and benevolence in a national survey of attitudes about the financial services industry

Fortune's most admired list Berkshire Hathaway ranked No. 2 U.S. company, and top property casualty insurer

Moody's Investors Services Berkshire Hathaway named one of only eight major companies with AAA rating

Standard and Poor's (S&P) Corporate credit rating - AAA
Financial strength rating of its subsidiaries - AAA

The Washington Consumers' Checkbook Voted best buy

Ward's Named to Ward's 50 Benchmark Group for 15th year in a row - Award is presented to companies that have achieved outstanding financial results in the areas of safety, consistency and performance

Webby Award Awarded "2005 Webby Award" for the best insurance site