August 22, 2025

GEICO Expands Operations with New Campuses in Tampa and Dallas

News Summary

GEICO is set to open new campuses in Tampa and Dallas, creating over 2,000 jobs across both regions. The Tampa campus will focus on insurance roles and opens this summer, while the Dallas office aims to enhance customer service operations and employment opportunities. This expansion aligns with GEICO’s growth strategy and commitment to leveraging the local talent pool in both markets.

Tampa and Dallas

GEICO, a subsidiary of Berkshire Hathaway, is expanding its operations with new campuses in Tampa and Dallas, adding over 2,000 jobs to both regions. The Tampa campus is set to open late this summer and will create more than 1,000 jobs, while the Dallas area office is scheduled to open by fall, contributing another 1,000 jobs to the local economy.

New Campuses and Job Growth

The new Tampa campus consists of three buildings, offering a total area of 190,000 square feet. Greenleaf Capital, a division of HCI Group, acquired the site two years ago, with the property previously housing New York Life. The site was purchased for nearly $13 million and is currently valued at approximately $17 million. GEICO has secured a multi-year lease for the Tampa property, which is located near the Tampa International Airport.

In addition to the expansion in Tampa, GEICO is also enhancing its presence in Texas. Initial plans announced in December 2024 revealed that the company would open an office in Richardson, creating around 500 jobs. Recently updated plans for the Richardson complex indicate the addition of another building, which will accommodate an extra 1,000 jobs, bringing the total anticipated employment numbers in Texas to 1,500.

Enhancing Employment Opportunities and Services

The newly established Tampa office will focus primarily on roles related to insurance sales, service, and claims. Hiring for these positions will begin in April, providing significant employment opportunities for local residents. The expansion aligns with GEICO’s goal of enhancing its customer service capabilities while tapping into the local talent pool.

Melissa Gallaro, GEICO’s senior vice president, emphasized that North Texas has a rich talent pool that plays a crucial role in the company’s growth trajectory. This strategic move will not only bolster the workforce but also support GEICO’s customer service operations in the region.

GEICO’s Position in the Insurance Market

Currently, GEICO stands as Florida’s second-largest auto insurer and ranks third nationwide. The company maintains a robust workforce, with approximately 3,800 employees across its offices in Lakeland and Jacksonville. The expansion into Tampa and Dallas represents a strategic effort to boost GEICO’s operational capacity and provide enhanced services to its growing customer base.

SEC and Financial Context

HCI Group, the parent company of several GEICO competitors, has been experiencing positive financial growth, reporting nearly $15 million in net investment income for 2024—a 28% increase from the previous year. By improving their assets and leasing properties to reputable tenants like GEICO, HCI Group has positioned itself for better equity value and long-term gains.

The decision to expand in both Tampa and Dallas highlights GEICO’s commitment to growth and service enhancement in key markets. As they move forward with their expansion plans, the local economy is expected to benefit significantly from the influx of new jobs and business activities associated with the company’s arrival.

Deeper Dive: News & Info About This Topic

HERE Resources

Job Growth Coming to Tampa and North Texas

Additional Resources

Author: STAFF HERE TAMPA WRITER

The TAMPA STAFF WRITER represents the experienced team at HERETampa.com, your go-to source for actionable local news and information in Tampa, Hillsborough County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Gasparilla Pirate Festival, Florida State Fair, and Tampa Riverfest. Our coverage extends to key organizations like the Tampa Bay Chamber of Commerce and United Way Suncoast, plus leading businesses in healthcare, finance, and technology that power the local economy such as BayCare Health System, Grow Financial Federal Credit Union, and KnowBe4. As part of the broader HERE network, including HEREJacksonville.com, HEREOrlando.com, HERESTPetersburg.com, and HERETallahassee.com, we provide comprehensive, credible insights into Florida's dynamic landscape.

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