Overview
Description
Progressive Corporation is a prominent insurance holding company that primarily operates within the property and casualty insurance sector in the United States. Known for its innovative approach to insurance, Progressive offers a wide range of products including personal and commercial auto insurance, along with homeowners, renters, and other property-related coverages. Founded in 1937 and headquartered in Mayfield Village, Ohio, the company has become a leader in the industry through its competitive pricing strategies and innovative marketing campaigns. Progressive is also notable for its usage-based insurance programs, which utilize technology to tailor premiums based on individual driving habits, reflecting a significant trend in the personalization of insurance coverage. The company’s direct-to-consumer platform and partnership with independent agents allows it to reach a diverse clientele, thereby maintaining a strong market presence and contributing to its overall industry impact. Progressive’s forward-thinking strategies in customer engagement and data analytics underscore its central role in the evolving landscape of insurance services.
About
CEO
Ms. Susan Patricia Griffith
Employees
66308
Address
300 North Commons Blvd.
Mayfield Village, 44143, OH
United States
Mayfield Village, 44143, OH
United States
Phone
440 461 5000
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Insurance - Property & Casualty
Country
Brazil
MIC code
BVMF