Insurance giant Geico is all in on D-FW, announcing 1,000 new jobs and a partnership Dallas Cowboys on Thursday.
The Chevy Chase, Md.-based company is leasing a third building in Richardson, making the announcement at a ribbon-cutting event for its second building.
Geico, which was founded in Fort Worth and is now a subsidiary of Berkshire Hathaway, has added 2,500 jobs to North Texas and two new offices in a little over a year. In December 2024, it announced a 500-job expansion of its existing Richardson office, and the following March, it announced a second building with 1,000 new jobs.
The three buildings — the old Fossil headquarters on Greenville Avenue, and Galatyn Commons buildings B and D about a mile away — combine for nearly 600,000 square feet of office space.
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“When we began expanding here just over a year ago, we knew North Texas had something special to offer,” said Geico’s Richardson campus leader and head of commercial insurance operations Jason Andrukonis in a release.
“What we have found has surpassed even our highest expectations — exceptional talent, a welcoming business community and a region that shares our drive to grow,” he continued.
Geico has cited North Texas’ talent pool as a primary reason for expanding in the region, and new jobs support a variety of product lines for the company.
The company has occupied the old Fossil headquarters since 2016, after moving its Farmers Branch office there. Before expanding, the building housed about 1,600 workers.
“Geico’s continued expansion in Richardson is a strong vote of confidence in our city, our workforce, and our business environment,” said Richardson Mayor Amir Omar in the release. “We’re proud that Richardson is home to a company investing at this scale and helping shape the future of North Texas’ economy.”
In addition to the new building, Geico announced a multi-year sponsorship agreement with the Cowboys. The deal will include signage at AT&T Stadium, community engagement opportunities, and digital media integration, per the release.
“Today, with a third building in Richardson, we are putting down roots for the long haul and our partnership with the Dallas Cowboys is a reflection of that commitment,” said Andrukonis.
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