GEICO earns Ward Group's top financial rating 25 years in a row
WASHINGTON, D.C., Sept. 29, 2015 – GEICO has been named to the Ward's 50 top performing insurance companies for the 25th consecutive year. The company is being recognized on the basis of its safe and consistent levels of surplus and premiums, net income, compound annual growth and profitability over a five-year average.
GEICO is also one of only three companies honored as a 25-year (1991-2015) recipient by the prestigious Ward Group.
"The Ward Group is a leader of benchmarking and best practice studies in the insurance industry," said Bill Roberts, GEICO president. "Being named as a Ward's top 50 for 25 straight years is a significant achievement and demonstrates to our customer base that GEICO is a financially sound company."
To develop its annual list of the top 50 performing insurance companies, Ward Group analyzes the financial performance of nearly 3,000 property and casualty insurance companies domiciled in the U.S. and identifies the top performers.
For more information and to get the full list of Ward's 2015 top 50 performers, please visit the Ward Group's website.
GEICO (Government Employees Insurance Company), the second-largest auto insurer in the U.S., was founded in 1936 and insures more than 27 million vehicles.
To make changes, report claims, print insurance cards and purchase additional products, policyholders can log into their car insurance policy, connect via GEICO Mobile, phone or by visiting a GEICO local agent.
Homeowners, renters, condo, flood, identity theft and life coverages are written through non-affiliated insurance companies and are secured through the GEICO Insurance Agency, Inc. Commercial auto and personal umbrella coverages are also available.
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