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 A Progressive insurance agency in Valdosta, Georgia, in December 2013 | |
| Company type | Public |
|---|---|
| Industry | Insurance |
| Founded | March 10, 1937 |
| Headquarters | Mayfield, Ohio, U.S. |
Key people | Lawton W. Fitt (Chairperson) Tricia Griffith (President and CEO) |
| Revenue | US$49.61 billion (2022)[1] |
| US$1.487 billion (2022)[1] | |
| US$721.5 million (2022)[1] | |
| Total assets | US$75.46 billion (2022)[1] |
| Total equity | US$17.04 billion (2022)[1] |
Number of employees | 55,100 (2022)[1] |
| Website | www |
The Progressive Corporation is an American insurance company. In late 2022, Progressive became the largest motor insurance carrier in the U.S.[2] The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield, Ohio.[3] The company insures passenger vehicles, motorcycles, RVs, trailers, boats, PWC, and commercial vehicles. Progressive also provides home, life, pet, and other insurance through select companies. Additionally, Progressive offers auto insurance in Australia.
The company ranked #88 on the 2023 Fortune 500 list of the top American corporations.[4]
- ^ a b c d e f "Progressive Financial Statements 2009-2023". Macrotrends. July 11, 2023.
- ^ "Progressive Corporation becomes largest US motor insurer: GlobalData". Reinsurancenews. November 30, 2022. Retrieved July 11, 2023.
- ^ Suzanne Rivard; Benoit Aubert; Michel Patry; Guy Paré; Heather Smith (2004). Information Technology and Organizational Transformation: Solving the Management Puzzle. Butterworth-Heinemann. pp. 142. ISBN 978-0-7506-6202-4.
- ^ "Fortune 500 Progressive". Fortune. Retrieved July 11, 2023.