(BRK.A), (BRK.B)
New York governor Andrew M. Cuomo and GEICO Chairman and CEO Tony Nicely have jointly announced that insurer GEICO plans to expand it regional operations office in Western New York with an additional facility at 150 Crosspoint Parkway, Getzville, New York.
With this expansion, GEICO expects to add more than 600 new jobs in Western New York over the next six years. The company will also invest nearly $11 million to fit out and equip its current and additional offices to accommodate the new jobs.
“GEICO is immensely delighted to bring new career opportunities to the Greater Buffalo area,” said Tony Nicely. “We consider our associates to be one of our greatest assets. That’s why it’s important for us to continue to seek out and add highly talented individuals to our GEICO family.”
According to GEICO, the expansion brings new opportunities for careers in sales, customer service and claims service.
“It’s certainly an exciting time for GEICO and the Western New York area,” said Pionne Corbin, regional vice president. “We look forward to continuing to grow and better serve our associates, policyholders, and the local community.”
GEICO (Government Employees Insurance Company) is owned by Berkshire Hathaway, and is the second-largest private passenger auto insurance company in the United States. The company provided coverage for more than 14 million private passenger customers, insuring more than 23 million vehicles (auto & cycle).
© 2016 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.