GEICO, the second-largest private passenger auto insurer and one of the fastest-growing major auto insurers in the U.S., will open a new service center and create 500 new jobs over the next five years in Lenexa, KS.
“Kansas’ business-friendly climate continues to attract innovative, pioneering companies like GEICO,” said Kansas Governor Jeff Colyer, M.D. “We appreciate GEICO for recognizing Kansas as a state where financial services firms can be very successful, and welcome GEICO’s decision to choose Kansas as the location for this new support facility. We are looking forward to future growth of this partnership.”
GEICO evaluated multiple locations across the U.S. for the operation, choosing to invest almost $10 million in a 55,000 square-foot office in Lenexa, Kansas. The company will begin hiring immediately and expects the location to be operational in August.
“All of us at GEICO are thrilled to make the Kansas City area the home of our newest office,” said GEICO Chairman Tony Nicely. “We are looking forward to being part of this vibrant community and adding talented people to the GEICO team.”
“To have a company with such an amazing brand and quality reputation as Geico invest in our community is very exciting,” said Lenexa Mayor Mike Boehm. “This is great news for Lenexa and the region. We are proud to welcome them to our city.”
The Kansas City Area Development Council (KCADC) worked with a number of regional partners in attracting GEICO to the region: State of Kansas, Kansas Department of Commerce, Lenexa Chamber of Commerce and EDC, City of Lenexa, KCP&L, Johnson County Community College, University of Kansas – Edwards Campus, Kansas State University, CBRE, JLL, JE Dunn Construction, the University of Kansas Health System and the Kansas City Veteran Coalition.
“GEICO is investing in the KC region at the perfect time,” said Tim Cowden, president and CEO, KCADC. “GEICO joins a business community that is committed to accelerating job growth and economic prosperity in Kansas City, and our region is competing more aggressively than ever for high profile corporate investment, well-paying and highly-skilled jobs, and top global talent.”
Relocating or Expanding Your Business In Kansas
Considering Kansas for your company’s relocation or expansion project? Check out Business Facilities’ Kansas Incentives and Workforce Development Guide.