May 03, 2016 2:30 PM ET


Company Overview of Government Employees Insurance Company, Inc.

Company Overview

Government Employees Insurance Company, Inc. provides private passenger auto insurance in the United States. It provides various insurance products that include motorcycle, ATV, and boat insurance; homeowners, renters, condo, co-op, and mobile home insurance; personal umbrella protection insurance; life insurance; flood insurance; overseas insurance; business owners policy; professional liability insurance; general liability insurance; commercial auto insurance; collector car insurance; collectibles insurance; and identity theft protection insurance. The company also offers online services, such as coverage verification, process/receipt of service requests, payments delivery, information req...

5260 Western Avenue

Chevy Chase, MD 20815

United States

Founded in 1936



Key Executives for Government Employees Insurance Company, Inc.

Executive Chairman and Chief Executive Officer
Age: 71
President and Chief Operating Officer
Chief Financial Officer, Senior Vice President and Director
Chief Information Officer and Senior Vice President
Head of Southeast Operations and Vice President
Compensation as of Fiscal Year 2015.

Government Employees Insurance Company, Inc. Key Developments

GEICO Offers Ridesharing Product to Washington, D.C

GEICO now offers its new low-cost ridesharing product to Washington, D.C. Now available in 16 states, GEICO's ridesharing product provides comprehensive coverage for Uber, Lyft, Split and other on-demand service drivers operating throughout the Greater Washington Metropolitan area. GEICO offers the product through their Commercial division at a price similar to personal auto insurance. In addition to Maryland, Virginia and Washington, D.C., GEICO also offers its ridesharing product to drivers in Connecticut, Georgia, Illinois, Louisiana, Nebraska, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas and West Virginia.

Government Employees Insurance Company, Inc. Promotes Allison Carp to Assistant Vice President

Government Employees Insurance Company, Inc. announced that it has appointed Allison Carp as assistant vice president, where she is responsible for pricing, product and reserving activities. Carp began her career with the company in 1994 and has since held a number of positions in both reserving and pricing. While previously serving as director of pricing and product management, Carp was instrumental in the company's reentry into the Massachusetts market. She currently serves as director and assistant actuary in reserving. She succeeds Paul Lavrey, who retired from the company in January after a 33-year career with the company.

GEICO Expands Ridesharing Product to South Carolina Drivers

GEICO is now offering a new low-cost ridesharing insurance product to drivers in South Carolina. The ridesharing comes with a unique set of insurance needs that go well beyond a traditional auto insurance policy. Most personal auto policies exclude any commercial (driver for hire) use. In addition, having two policies for one vehicle can become confusing and costly. GEICO's ridesharing product replaces the driver's personal auto policy and provides coverage for personal, ridesharing and other on-demand services whether the rideshare app is on or off, and with or without passengers in the vehicle or even if one is working for multiple services.

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