A.M. Best 12/22/2021- Retiring Executive Chairman Tony Nicely ‘Made Geico What It Is Today,’ Industry Watchers Say

Robert P. Hartwig, PhD, CPCU · December 22, 2021 ·

Read Dr. Robert Hartwig’s comments to A.M. Best on the 12/31/21 retirement of Geico’s Executive Chairman Tony Nicely here. Nicely served on the executive board when Hartwig was the president of the Insurance Information Institute (2007-2016). Hartwig said, “Tony Nicely was the key that unlocked the growth for Geico and made that company what it is today.” Furthermore, “Tony’s legacy will continue to live on in Berkshire Hathaway… As it turns out, being a direct marketer of auto insurance was, unbeknownst to anyone many decades ago, was the place to be…Geico was in the right place at the right time with the right strategy and the right experience.”

About Robert P. Hartwig, PhD, CPCU

Director, Risk and Uncertainty Management Center
Clinical Associate Professor
Robert Hartwig (Ph.D., University of Illinois, 1993) is clinical associate professor of finance and director of the Risk and Uncertainty Management Center. His research focuses on insurance markets and structures, risk management, pandemic risk, risk-bearing capital market instruments, the financing of technology risks and venture capital in insurance markets. He makes frequent presentations to insurance industry management, boards of directors, regulators and legislators. Prior to joining the Darla Moore School of Business, he was president and economist for the Insurance Information Institute in New York and in prior positions worked for Swiss Re, the National Council on Compensation Insurance and the U.S. Consumer Product Safety Commission. He has also served as an adjunct professor at Florida Atlantic University. His professional experience includes expert witness testimony and testimony before numerous congressional and state legislative committees. He holds the Chartered Property Casualty Underwriter (CPCU) credential and speaks frequently in the media on all issues related to insurance markets.