Insurance giant GEICO has added more than 1,000 new jobs in North Texas as part of a major expansion that includes opening a second building in Richardson.
The announcement comes three months after GEICO revealed plans to add 500 jobs. The company is now bringing a total of more than 1,500 new jobs to North Texas.
“The outstanding talent pool in North Texas has been instrumental in driving GEICO’s success and we are thrilled to expand our presence in Richardson,” GEICO SVP Melissa Gallaro said in a statement. “The skilled workforce in the region has enabled us to achieve significant growth while creating valuable career opportunities for the local community.”
GEICO said that this growth comes as a direct result of the talent GEICO continues to attract in North Texas, fueling the company’s expansion across multiple business lines. It said the new 165,000-square-foot building, scheduled to open in the fall, will house positions supporting GEICO’s sales, service, and claims operations.
The company said this investment in North Texas reinforces its commitment to transforming how it delivers a multitude of insurance products for millions of customers. GEICO said it continues to deliver products that create a more seamless, first-class experience for customers, from initial quote through claims settlement.
Since designating Richardson as a key hub for its commercial insurance operations and announcing 500 new positions in December, GEICO has experienced substantial business growth in the region, the company said. The second facility represents GEICO’s continued confidence in North Texas as an ideal location for expanding its diverse portfolio of insurance offerings, the company said.
Once open, GEICO will occupy nearly 400,000 square feet of office space across two buildings.
GEICO (Government Employees Insurance Company), the nation’s third-largest auto insurer, was founded in 1936 and insures vehicles in all 50 states and the District of Columbia.
GEICO is a member of the Berkshire Hathaway family of companies.
Don’t miss what’s next. Subscribe to Dallas Innovates.
Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.
R E A D N E X T
-
GEICO said the expansion follows significant growth in its commercial insurance business over the last 18 months, driven by new products including long-haul trucking insurance.
-
Founded in 2023, Frisco-based Startup Runway is an accelerator with a mission of promoting the growth of India-based companies and other international businesses it represents. Now ensconced at Richardson's IQ HQ, it aims to help the city boost its designation as the "International Business Capital of North Texas."
-
"This is precisely the type of partnership we imagined for our innovation ecosystem," Richardson City Manager Don Magner said of the new lab, which is affiliated with UT Dallas' Erik Jonsson School of Engineering and Computer Science under the leadership of AT&T and Verizon.
-
As global threats continue to rise, the U.S. Navy has urgent need for something silent beneath the seas—new submarines to augment its existing fleet. But America’s submarine industry will need to hire 140,000 skilled employees over the next decade to meet the service's growing demand. Now Southlake-based Learning Blade, a STEM career exploration platform for grades 5–9, is diving in to help address this critical workforce shortage—by sparking a new generation of sub builders.
-
Here's an innovative approach to launching an insurance company: Cover something niche that people prize, cherish, and value almost as much as their kids. And in some cases—say, an owner of a cherry red 1971 Pontiac Firebird with flaming wings on the hood—maybe more so.
