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Progressive
Image:Progressive_Insurance.png
TypePublic (NYSE: PGR)
Founded1937
HeadquartersMayfield Village, Ohio
Key peopleGlenn Renwick, CEO
Peter Lewis, Chairman of the Board (Non-Executive)
IndustryVehicle Insurance
Revenue$14.8 Billion USD (2006)
Employees28,336
Websitewww.progressive.com

The Progressive Corporation (PGR), through its subsidiaries, provides personal automobile insurance, and other specialty property-casualty insurance and related services in the United States. The company operates in three segments: Personal Lines, Commercial Auto, and Other-indemnity. The Personal Lines segment writes insurance for private passenger automobiles, motorcycles, boats, and recreational vehicles through both an independent agency channel and a direct channel. The Commercial Auto segment writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses primarily through the independent agency channel. The Other-indemnity segment provides professional liability insurance to community banks, principally directors, and officers liability insurance. It also provides insurance-related services, primarily providing policy issuance and claims adjusting services in 25(?) states for Commercial Auto Insurance Procedures/Plans.

The company was co-founded in 1937 by Jack Green and Joe Lewis and is headquartered in Mayfield Village, Ohio.




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