Geico celebrates 25 years in Stafford - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 24, 2019 Newswires
Share
Share
Post
Email

Geico celebrates 25 years in Stafford

Free Lance-Star (Fredericksburg, VA)

Jun. 24--Former Gov. George Allen kicked off his address at Geico's Stafford County regional office Tuesday with a cheery "Team Geico, good morning!"

Allen had been the speaker at the five-story office building's dedication, and was back to help celebrate not only its 25th anniversary, but also the 20th anniversary of Geico's National Print Mail Center being moved to the company's Stafford County campus.

He said bringing more jobs to Virginia was his top priority when he became governor in 1994, and he was thrilled when Tony Nicely, Geico's executive chairman, told him the insurance company wanted to expand its presence in the Fredericksburg area.

"Heck, even a caveman could figure out that having Geico would be good!" Allen said.

The nearly 200 people filling the building's auditorium burst into applause at hearing the reference to the company's familiar slogan.

Allen said that the company's decision was "a seal of approval for the state of Virginia" and sent a signal to other businesses that the commonwealth was a good place to locate. The subsequent expansion of the workforce at the regional office from 700 that year to more than 4,000 today, he added, proves that the Fredericksburg area is a good place to live, work and play.

"Thank you for solidifying Virginia's reputation," Allen said.

He also praised the regional office for being on Virginia Business magazine's Best Places to Work in Virginia list three times, and its donation of more than $14 million to local nonprofit and community organizations over the past 25 years.

"I look at this like a championship team. They produce great winning results," Allen said. "It makes it easy to see why Geico is the No. 1 auto insurance company in Virginia--D.C. and Maryland, too--but we care about Virginia. We want the Geico team to keep grinnin' and keep winnin'."

The insurance company, known for its animated gecko spokesman, can trace its roots in the state to a small, temporary office that it opened at Shannon Air Park training center in Spotsylvania County in August 1990, said Scott Markel, Geico's regional vice president.

He said back then there were so few employees that he and his boss, John Isso, did everything from changing light bulbs to hiring staff at what's now the Fredericksburg Hospitality House and Conference Center. When they needed a Phillips head screwdriver to assemble office furniture, there was so little development nearby that Markel said he had to buy it at a gas station.

"I still have the corporate screwdriver," he said, holding it aloft to cheers.

Markel said that it came in handy after the office grew big enough to move a small contingent of employees to a building in Riverside Business Park on U.S. 17 that November. When a leak caused some ceiling tiles to bulge with water, he used it to poke a hole in them to relieve the pressure.

"It erupted, to the great joy of everyone but me," he joked.

Still, Markel said he was proud to see Geico's name going up on the Riverside building. It was visible from Interstate 95 and people realized that the company was in Stafford.

"It's been a wonderful journey," he said.

Bill Roberts, Geico's president and CEO, said the first office at Shannon gave Geico the confidence that the area had the necessary talent pool, and that the company could open a regional office and grow along with the community. The office had 700 employees by the time it moved from Riverside to its current space a few miles away in what was then a largely undeveloped area along U.S. 17.

The $34 million building was the largest the company had built since the 1970s, he said. In addition to auto insurance, the company's commercial, home, renters and specialty insurance services started in the building and continue to use it as their home base.

Geico also chose its 44-acre campus as the location for the company's corporate data center, and the National Print Mail Center, which coordinates, prints, and mails out all materials to policyholders nationwide. The NPMC has sent out over a billion pieces of mail.

Today, Geico is Stafford County's largest private employer, and the highway is lined with retail stores, restaurants and hotels.

"Based on all the commerce on 17, it's worked out pretty well," Roberts said.

Speakers also included Geico's assistant vice president of information services Robbin Martz, who read a proclamation from Gov. Ralph Northam. Stafford Board of Supervisors Chairman Gary Snellings and Del. Mark Cole offered proclamations as well.

Snellings lauded Geico for its donations of both time and money to such things as the Stafford Education Fund and the Boys & Girls Club, and said that the only time he hears from the company is when "Amanda" calls to ask for more parking spaces.

"I hope I'll be back for the 50th celebration," he said. "I'm not too sure about that, but I do look forward to the next call from Amanda that we need more parking."

___

(c)2019 The Free Lance-Star (Fredericksburg, Va.)

Visit The Free Lance-Star (Fredericksburg, Va.) at www.fredericksburg.com/flshome

Distributed by Tribune Content Agency, LLC.

Older

My Turn: John Lipponen: What happened after I died

Newer

Middle East & Africa’s Hospital Supplies Market: Growth, Trends, and Forecasts (2019-2024) – ResearchAndMarkets.com

Advisor News

  • Demonstrating the value of life insurance to Gen Z
  • Poor money habits are a dealbreaker in a new relationship
  • DC plan sponsors see opportunity in alternatives
  • The American Dream: Redefined as financial stability
  • Partial annuitization: How advisors can help clients balance income, growth
More Advisor News

Annuity News

  • CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
  • KBRA Assigns Rating to TruSpire Retirement Insurance Company
  • Partial annuitization: How advisors can help clients balance income, growth
More Annuity News

Health/Employee Benefits News

  • SENATOR MARSHALL INTRODUCES BILL REQUIRING INSURERS TO COVER RESTORATIVE CARE FOLLOWING HARMFUL GENDER TRANSITION PROCEDURES
  • RHODE ISLAND FEDERAL DELEGATION CALLS ON CMS TO PROTECT RHODE ISLANDERS' HEALTH COVERAGE
  • Coalition targets health insurance costs, calls for relief
  • Arkansas Explained: What's happening to the state's Medicaid expansion?
  • CT Congressman Wants Legal Support For Patients Denied Health Coverage
More Health/Employee Benefits News

Life Insurance News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
  • Trust, technology and the future of claims
  • New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
  • AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet