Berkshire Hathaway’s Geico playing catch-up in auto insurance telematics

03-05-2022

Berkshire Hathaway’s Geico playing catch-up in auto insurance telematics

Berkshire Hathaway’s auto insurance unit Geico has fallen behind the curve on telematics to drive the underperformance vis-à-vis rival Progressive and must be reversed in the “next year or two,” the company’s deputy chairman for insurance Ajit Jain (pictured) told the Berkshire Hathaway annual meeting.


Berkshire Hathaway, Geico, AGM, Auto, Telematics, Insurance, Reinsurance, Ajit Jain, Warren Buffett, North America

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