The Progressive Corp - Company Profile

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The Progressive Corp: Overview

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The Progressive Corp (Progressive) is an insurance holding company. It offers a range of personal and commercial automobile insurance, and specialty property-casualty insurance and other related services. It offers insurance products for motorcycles, all-terrain vehicles, recreational vehicles, manufactured homes, boat, floods, renters, general liability, professional liability, workers compensation, umbrella, watercraft, and snowmobiles. It also operates a property business and provides residential property insurance for homeowners, other property owners and renters. It markets and distributes insurance products through independent insurance agents and brokers, Internet, mobile devices, and over the phone. Progressive is headquartered in Mayfield Village, Ohio, the US.

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Headquarters United States of America
Address 6300 Wilson Mills Rd, Mayfield Village, Ohio, 44143
Website www.progressive.com
Telephone 1 440 4615000
No of Employees 61,400
Industry Financial Services
Ticker Symbol & Exchange PGR (NYSE)
Revenue (2022) $62.1B 25.2% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 440.9% (2022 vs 2021)
Market Cap* $119.4B
Net Profit Margin (2022) XYZ 330.8% (2022 vs 2021)
* As of and is in US$
View The Progressive Corp financials
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The Progressive Corp premium industry data and analytics

40+

Insurance Market Data Insights

Insight into market share and brand performance.

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for The Progressive Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

Products and Services

Products Services
Vehicle and Recreational Insurance Financial
Home and Property Insurance Personal Loans
Pet Insurance Car Shopping
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 New Products/Services In May, Progressive Insurance offered Heavy Truck Roadside Assistance (HT RSA).
2021 Contracts/Agreements In October, the company in collaboration with Fidelity Life introduced a new one-year term life insurance product, RAPIDecision Life One.
2021 Acquisitions/Mergers/Takeovers In June, the company acquired Protective Insurance Corporation for US$338 million.
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Competitor Comparison

Key Parameters The Progressive Corp Berkshire Hathaway Inc The Allstate Corp State Farm Mutual Automobile Insurance Co Liberty Mutual Holding Company Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Mayfield Village Omaha Northbrook Bloomington Boston
State/Province Ohio Nebraska Illinois Illinois Massachusetts
No. of Employees 61,400 396,500 53,000 53,000 50,000
Entity Type Public Public Public Private Private
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Executives
Name Position Board Since Age
Susan Patricia Griffith Director; Chief Executive Officer; President Executive Board 2016 58
Lawton W Fitt Chairperson Executive Board 2018 69
John P. Sauerland Chief Financial Officer; Vice President Senior Management 2015 58
Mariann Wojtkun Marshall Assistant Secretary; Chief Accounting Officer; Vice President Senior Management 2019 60
Andrew J. Quigg Chief Strategy Officer Senior Management 2018 43
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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