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Geico is a leading US insurance group, specialising in passenger
automobile cover. The company has expanded dramatically since the 1990s, primarily through expansion of its highly effective
direct insurance service, operated by mail, telephone and online. By bypassing agents' commissions, the company keeps costs
very low, and passes on most of the benefits to customers, significantly undercutting the premiums charged by its main
competitors, State Farm and Allstate. It has also
established a strong presence in the popular consciousness of ordinary Americans with a series of unusual advertising
campaigns featuring modern-day cavemen and its long-running gecko brand mascot. The company is a subsidiary of Berkshire
Hathaway, the conglomerate controlled by legendary investor Warren Buffett.
Click here for an Adbrands Profile of Geico (subscribers only). Adbrands Company Profiles provide a detailed analysis of the history and current operations of leading advertisers, agencies and brands worldwide, and include a critical summary which identifies key strengths and weaknesses. Adbrands Account Assignments tracks account management for the world's leading brands and companies, including details of which advertising agency handles which accounts in which countries for major markets.
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Competitors: see Financial & Insurance Sector index for other companies
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Subscribers may access the following website links here:
Geico website
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