Question

In: Economics

What is GEICO organizational Structure?

What is GEICO organizational Structure?

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Expert Solution

GEICO is the Government Employees Insurance Company which is an American auto insurance company having headquarters in Chevy Chase, Maryland and the GEICO is the second-largest insurer in the United States.

Insurance is the process of transfer of risk from a person or any kind of organization to a company which allows sharing of losses between all the insured persons or organizations.

The organization chart of GEICO shows or displays its 29 main executives in which involves Todd Combs, Jamie Walton and Shale Wheeler. The organizational structure responds to the current business structure of the particular company . The company was very much concerned on providing different types of insurance protection for all its customers. The structure mainly involves or assigned of vice president and regional presidents to manage their teams in specific regions and also there are many more vice presidents for other kind of function functions company to perform such as marketing,public affairs, business development etc


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