GEICO Plans Massive Carmel Expansion

Updated:
CARMEL -

Maryland-based GEICO has announced plans to invest more than $16 million to expand and enhance its presence in central Indiana. The insurance company says it will add more than 100,000 square feet of space to its Carmel office and create nearly 1,500 jobs by the end of 2022. GEICO currently employs about 1,200 people in Indiana and plans to begin recruiting immediately for positions in IT, customer service and claims handling.

The company established its customer service center in Carmel in 2013, which currently covers 109,000 square feet of space.

"The support of this thriving community and our growing customer base in Indiana have made this expansion possible,” said Lona Montgomery, general manager of the GEICO Indianapolis office. “We are excited to bring on new associates to help us continue to offer excellent service to our customers across the state.” 

GEICO says it plans to add more than 350 positions to its IT department and 1,000 in customer service and claims handling. You can find out more info about the positions by clicking here. The company employs more than 39,000 workers nationwide.

"We have worked closely with GEICO over the years to expand their presence in Carmel, ever since their arrival to our Meridian Corporate Corridor a few years ago," said Carmel Mayor Jim Brainard. "It is good to see that their investment is paying off with their continued success. We look forward to assisting in their efforts to fill these job openings by continuing to build a community focused on a high quality of life for all."

The Indiana Economic Development Corp. plans to offer GEICO up to $16 million in conditional tax credits and up to $500,000 in training grants. The incentives are performance-based, meaning the company will not be eligible to claim them until Hoosiers are hired.

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