Hopefully this will lead to the extinction of the lizard and caveman in the insurance business. There is no place for the low IQ type commercials and advertising that Geico does. They speak nothing of insurance and hire people who know nothing of insurance and act like a vending machine company with their just order insurance approach like people are at a drive through window at a fast food restaurant. I knew they could not continue to get away with giving insurance away at such prices as they did here in AZ and expect that they wouldn’t be suseptable to the same risk loss factors the rest of us in the industry are exposed to with agent based companies. Take a non agent based company with no personal customer contact face to face and underwriting by an experienced and qualified agent force instead of a telemarketing agency and it all adds up to “hey geico , I’ve got some good news for you and some bad news” “good news is maybe we will hear less of your annoying commercials that saturate the market and speak with no intelligence and have nothing to do with addressing factual information about insurance ” and the bad news is ” this should have happened yesterday, way overdue”. Couldn’t happen to a better company. Wish you many more loss’s.
Interviewed at one of Buffet’s companies. Had a couple of long time buddies that had worked there, say, 20 plus years? They were encouraging me to come on board. Knew them well and for many years and they knew I would be great at the job.
Everything was going fabulous at the interview. Then they gave me what I found out to be the Star Test. And never called me back.
Two weeks later, I got a rejection letter.
So references from people you know a total of more than 30 years are not worth anything to some companies. You gotta pass that star test.
GEICO’s marketing flaw is the fact their advertising reaches all areas including those agent’s would stay away from. Agents need GEICO in the market to write that unwanted business and keep the regulators at bay. In our marketing target account, and area, GEICO is on average 30% higher in price.
don, don’t come up with your own definitions and expect them to apply to everybody you choose to. The agency system never has been nor ever will be “outdated”. To say so would be to say that eliminating the real people and the face to face aspect of service in our industry is not necessary. It always has been and it always will be but what is really outdated is Geico’s “vending machine” approach to insurance and inability to underwrite. Look at the facts and not the fiction. What does the title of the article for which we are both responding to say? Berkshire Hathaway Net off 64%!! HHMMMMM Do you need me to paint you a picture using lizards and cavemen so you understand. Cartoon characters and bad actors are not real people who can truly deliver service in the insurance industry to our market.
Ummmm Shawn…. I was agreeing with you. Their goal of putting us (agencies) out of business is beginning to fall short of their plans to replace us. In fact, Geico just opened an agency in my city.
$10 an hour employees focusing on price and market share will make the scream for the hills.
Take your loss ratios and weep.
Hopefully this will lead to the extinction of the lizard and caveman in the insurance business. There is no place for the low IQ type commercials and advertising that Geico does. They speak nothing of insurance and hire people who know nothing of insurance and act like a vending machine company with their just order insurance approach like people are at a drive through window at a fast food restaurant. I knew they could not continue to get away with giving insurance away at such prices as they did here in AZ and expect that they wouldn’t be suseptable to the same risk loss factors the rest of us in the industry are exposed to with agent based companies. Take a non agent based company with no personal customer contact face to face and underwriting by an experienced and qualified agent force instead of a telemarketing agency and it all adds up to “hey geico , I’ve got some good news for you and some bad news” “good news is maybe we will hear less of your annoying commercials that saturate the market and speak with no intelligence and have nothing to do with addressing factual information about insurance ” and the bad news is ” this should have happened yesterday, way overdue”. Couldn’t happen to a better company. Wish you many more loss’s.
If one wants to call someone’s commercials “Low IQ”, they should at least use proper grammar and spelling.
Interviewed at one of Buffet’s companies. Had a couple of long time buddies that had worked there, say, 20 plus years? They were encouraging me to come on board. Knew them well and for many years and they knew I would be great at the job.
Everything was going fabulous at the interview. Then they gave me what I found out to be the Star Test. And never called me back.
Two weeks later, I got a rejection letter.
So references from people you know a total of more than 30 years are not worth anything to some companies. You gotta pass that star test.
GEICO’s marketing flaw is the fact their advertising reaches all areas including those agent’s would stay away from. Agents need GEICO in the market to write that unwanted business and keep the regulators at bay. In our marketing target account, and area, GEICO is on average 30% higher in price.
Hasen’t Geico always stated that they were out to do away with the “outdated” agency system?
don, don’t come up with your own definitions and expect them to apply to everybody you choose to. The agency system never has been nor ever will be “outdated”. To say so would be to say that eliminating the real people and the face to face aspect of service in our industry is not necessary. It always has been and it always will be but what is really outdated is Geico’s “vending machine” approach to insurance and inability to underwrite. Look at the facts and not the fiction. What does the title of the article for which we are both responding to say? Berkshire Hathaway Net off 64%!! HHMMMMM Do you need me to paint you a picture using lizards and cavemen so you understand. Cartoon characters and bad actors are not real people who can truly deliver service in the insurance industry to our market.
Ummmm Shawn…. I was agreeing with you. Their goal of putting us (agencies) out of business is beginning to fall short of their plans to replace us. In fact, Geico just opened an agency in my city.
What is the star test buddy? I am a super duper star, i ran an illegal train yard scam – google my name.
What is the Star Test?