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) is a member of the Berkshire Hathaway family of companies and is the second-largest private passenger car insurance company in the United States. GEICO, which was founded in 1936, provides millions of car insurance quotes to U.S. drivers annually. The company is pleased to serve more than 16 million private passenger customers, insuring more than 27 million vehicles (car & cycle).
Using GEICO's online service center, policyholders can purchase policies, make policy changes, report claims and print insurance ID cards. Policyholders can also connect to GEICO through GEICO Mobile, reach a representative over the phone or visit a GEICO local agent.
GEICO also provides insurance quotes on motorcycles, all-terrain vehicles (ATVs), boats, travel trailers and motorhomes (RVs). Coverage for life, homes and apartments is written by non-affiliated insurance companies and is secured through the GEICO Insurance Agency, Inc. Commercial car insurance and personal umbrella protection are also available.
For more information, go to www.geico.com.
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