GEICO Honors And Ratings

Below are some of the industry honors and ratings that GEICO (or its parent company Berkshire Hathaway) has received for its financial strength, commitment to providing good customer service, and credit-worthiness.

Financial Ratings:

A.M. Best

  • Financial strength rating: A++ (Superior)
  • Debt rating on company's existing debt securities: aaa
  • The outlook for both ratings—stable

Information current as of August, 24, 2018

Standard and Poor's (S&P)

  • Corporate credit rating: AA+
  • Financial strength rating of its subsidiaries: AA+

Information current as of September 26, 2018

Moody's

  • Berkshire Hathaway holds Aa2 rating
  • Aa1 rating for Insurance Financial Strength

Information current as of December 19, 2018

Fitch

  • Berkshire Hathaway insurance units—financial strength rating: AA-
  • Berkshire Hathaway—long term issuer default rating: AA-
  • Berkshire Hathaway Finance Corp: A+
  • GEICO Corporation long term issuer default rating: AA-

Information current as of June 20, 2019

Ward Group

GEICO was named to the Ward's 50 top group of financially high-performing insurers for the 29th consecutive year. The 2019 award recognizes that GEICO achieved outstanding financial results in the areas of safety, consistency, and performance. Companies in the Ward's top 50 also have produced excellent returns on average equity and assets, total revenue, growth in revenue, surplus to written premium and combined ratio over a five-year average.

Information current as of 2019

Insurance Information Institute

2019 Insurance Fact Book

Berkshire Hathaway is named a leading company in world and U.S. insurance markets.

  • #1 global insurance company by revenues, 2016
    [Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies. Original source: Fortune.]
  • #2 writer of private passenger auto insurance by direct premiums written, 2018
    [Before reinsurance transactions, includes state funds. Based on U.S. total, includes territories. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.]
  • #2 writer of property/casualty insurance by direct premiums written, 2018
    [Before reinsurance transactions, includes state funds. Based on U.S. total, includes territories. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.]

Customer Satisfaction Ratings:

Kanbay Research Institute

  • Rated GEICO #1 as the most desired insurer among consumers based on:
    • high regard for customer service
    • focus on staff training and development
  • Consumers praise speed of GEICO's telephone operations, along with associates' strong knowledge base and courtesy.
  • geico.com earned high marks for functionality with rate quotes typically processed in 15 minutes.

Customer Respect Group

  • GEICO earned top honors in a survey that evaluated how auto insurers treat their online customers. Customers evaluated site usability, communication and trust of personal data.

Brand Keys Customer Loyalty Engagement Index

  • 2019– GEICO earned top honors among car insurance companies for its ability to create loyal customers.

Honors:

Black EOE Journal

  • GEICO recognized for excellence in diversity, and included in the "2019 Annual Yearbook" in the Top Insurance Company category.

Hispanic Network

  • Named a "2019 Best of the Best" in the Top Insurance Company category, and recognized for excellence in diversity.

Professional Woman's Magazine

  • GEICO recognized for excellence in diversity and as a "2020 Best of the Best" in the Top Insurance Company category.

Fortune's World's Most Admired Companies List (2019)

  • Berkshire Hathaway ranks #1 in the property and casualty insurance industry and #3 among America's Most Admired Companies.

Barron's

  • Berkshire Hathaway named among top 3 most highly respected companies in the world.

Harris Interactive Survey

  • Berkshire Hathaway is at the top of the list for its overall business strategy and was named the nation's most admired company following the global financial crisis.

Ethisphere Magazine

  • GEICO named a leader in ethical practices in property/casualty industry.
  • Berkshire Hathaway named a leader in ethical practices in financial services industry.

The Washington Consumers' Checkbook

  • Voted Best Buy

Careers:

Potentialpark

Ranking employers for overall online talent and communication, as well as, their careers website, online application, social media and professional networks, and mobile career communication (websites & apps), GEICO distinguished itself in the following categories:

  • #3 Career Website – 2019
  • #3 Online Application – 2019
  • #1 Mobile Communication – 2019
  • #5 Best Employers in Digital Talent Communication – 2019

Virginian-Pilot Best of Hampton Roads

In 2019, GEICO and its Virginia Beach, Va. office were voted "Best Insurance Company," "Best Employer for Advancement and Benefits."

Costal Virgina & CoVa Biz

In 2019, recognized as "Best Workplace" at the Coastal Virginia Magazine Giving Back and CoVa BIZ Community Impact Awards.

Macon-Bibb County

GEICO has been awarded the Macon-Bibb Most Generous Workplace Award in 2018, 2017 and 2016

Awards:

Webby Award

* The Martin Agency, for GEICO Mobile

Internet Advertising Competition – IAC

(Web Marketing Association)

The Internet Advertising Competition (IAC) Awards were developed by the Web Marketing Association to honor excellence in online advertising, recognize the individuals and organizations responsible for creating work, and showcasing the award winning Internet advertising.

* in conjunction with The Martin Agency

**in conjunction with CDG Interactive

Mobile WebAward Competition

(Web Marketing Association)

The Web Marketing Association presents the annual MobileWebAwards competition, which honors the advertising industry's best mobile websites, responsive websites and mobile apps.

  • 2019 GEICO New Bus. Sales–Outstanding Mobile Website
  • 2018 GEICO ExploreOutstanding Mobile App
  • 2017 GEICO Mobile–Best Insurance App

Dynatrace

  • Mobile Insurance Scorecard

GEICO's Mobile App and insurance site received a #1 ranking on Keynote's Mobile Insurance Scorecard, competing against top insurers.

After reviewing approximately 100 criteria across mobile web and mobile app channels (on both Android and iOS), GEICO was awarded the highest overall score in all four performance categories (functionality, ease of use, privacy and security and quality and availability).

First Overall: 3Q 2018,1Q 2018, 1Q 2017, 3Q 2016, 1Q 2016

WebAward Competition

(Web Marketing Association)

Each year the Web Marketing Association names the Best Insurance web site as part of the annual WebAward Competition. The WebAwards are recognized as the premier industry based Website Award program. Geico is recognized for outstanding achievement in web development.

  • 2019 - Employment Standard of Excellence
  • 2018 - Best Mobile Website
  • 2018 - Insurance Standard of Excellence
  • 2017 - Insurance Standard of Excellence
  • 2016 - Outstanding Website

USA Today

GEICO President and CEO Bill Roberts ranked among Top 50 CEOs for promoting diversity. June 25, 2019

CNBC

GEICO was in the Indeed Top 10 companies ranked for highest-rated workplaces for compensation and benefits. March 18, 2019

United Way

Million Dollar Campaign Award for over $1M donated by many of our GEICO offices 2013-2019

Get more facts and information about GEICO.

Information current as of July 2020