GEICO, a large insurance firm owned by Warren Buffett’s Berkshire Hathaway, is repatriating many workloads from the cloud, The Stack can confirm – as it embarks on a sweeping, ambitious architectural overhaul.
That’s according to Rebecca Weekly, GEICO’s VP of platform and infrastructure engineering, who is leading the infrastructure rebuild at what is the United States’ third largest automotive insurer by volume.
(GEICO, which underwrote over $3.6 billion in policies in 2023, is the third-largest automotive insurer in the United States, offering coverage in 50 states for cars, motorcycles, all-terrain vehicles, boats and more.)
In an interview with The Stack she confirmed the shift, saying “we have a lot of data – and it turns out that storage in the cloud is one of the most expensive things you can do in the cloud, followed by AI in the cloud…”