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| Progressive | |
 | |
| Type | Public (NYSE: PGR) |
|---|---|
| Founded | 1937 |
| Headquarters | Mayfield Village, Ohio |
| Key people | Glenn Renwick, CEO Peter Lewis, Chairman of the Board (Non-Executive) |
| Industry | Vehicle Insurance |
| Revenue | $14.8 Billion USD (2006) |
| Employees | 28,000 |
| Website | www.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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