These awards are presented to those students who have shown academic excellence in the fields of mathematics, computer science, business or other related fields and who have demonstrated characteristics of leadership in their local environment.

“We know the value of education and so do these students,” said Jan Stewart, GEICO vice president. “We hope they have a good academic experience and get off to a good start in the business world later.”

If students wish to qualify for the GEICO Achievement Award program, they are required to be undergraduates attending an accredited four-year college or university, possess sophomore or junior status, and have a 3.0 overall GPA or higher at the time of application.

In fact, you can join the 2010 right now when you visit GEICO’s website.

GEICO (Government Employees Insurance Company), a subsidiary of Berkshire Hathaway, is the country’s third-largest private passenger auto insurer. The company provides car insurance coverage for nearly 9 million policyholders and insures more than 16 million vehicles annually.

This move by the insurer is a bold one meant to bolster support for the many students who are struggling to improve their earning potential in a weakened economy. The GEICO Achievement Award is a high-profile solution. While there are other groups seeking to offer aid to college students, not the least of which is the federal government and the Obama Administration, GEICO’s program is garnering a huge amount of praise.

The real test is whether this will spur other companies to formulate similar programs to foster continued or secondary education but also help lay a solid foundation for the next generation work force.

GEICO Awards Scholarships To Policyholders is a post from: Peppercoin Insurance

GEICO stands for Government Employees Insurance Company, yet it provides auto and other kinds of property insurance to just about any customer. The company is, in fact, privately-owned, and is the third-biggest privately-owned auto insurance provider in America as of 2008.

The company serves almost 8.5 million individuals in the US, and its policies cover over 14.4 million vehicles plying America’s roads. This figure includes many non-standard forms of motorized transportation, such as all-terrain-vehicles, boats, and motorbikes, all covered by GEICO’s policies. The company also provides homeowners’ insurance, which it can combine with GEICO auto insurance offerings through various umbrella policies.

The Ward Group looks over the companies that insure against property loss fare with their customers on a year-by-year basis. Every year, the Ward Group ranks the top 50 insurance companies–including automotive and homeowners insurance companies—for how well and how consistently they’ve processed customers’ claims. GEICO is one of only 5 other American insurance providers to be chosen to be among in the Ward’s 50 Benchmark Group for 18 years straight.

GEICO’s executive vice president, Bill Roberts, prepared some remarks to acknowledge GEICO’s grateful reception of this prestigious award, in which he praised the company’s employees. “Being recognized by Ward’s for the 18th year in a row is a true testament to our associates’ untiring commitment to our policyholders,” stated Roberts. He went on to point out that GEICO has always paired that reliability, for which it was lauded by the Ward Group, with “service and competitive prices.”

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GEICO Earns Prestigious Award Again is a post from: Peppercoin Insurance