XNYS
PGR
Market cap127bUSD
Oct 08, Last price
218.73USD
1D
2.15%
1Q
-5.20%
Jan 2017
516.14%
Name
Progressive Corp
Chart & performance
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Profile
The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property. Within the Personal Lines segment, Progressive provides coverage for individual automobiles and recreational vehicles. Offerings range from standard personal auto policies to specialized options for motorcycles, all-terrain vehicles (ATVs), RVs, watercraft, snowmobiles, and similar forms of personal transport. The Commercial Lines division focuses on providing primary liability and physical damage insurance for business vehicles, alongside general liability and property insurance tailored for commercial applications. This segment insures a diverse array of vehicles, including cars, vans, pickup trucks, and dump trucks for small businesses; tractors, trailers, and straight trucks for regional freight, expedited shipping, and long-haul transport companies; heavy-duty vehicles like dump trucks, log trucks, and garbage trucks used in industries such as construction, logging, and mining; and tow trucks and wreckers for towing and service stations, as well as various non-fleet taxis and premium car services. The Property segment offers residential insurance solutions for homeowners, other property owners, and renters. Its portfolio further extends to include personal umbrella policies and both primary and excess flood insurance. Beyond underwriting, the company facilitates policy issuance and claims adjusting. It also serves as an agent for various additional insurance products, such as homeowner general liability and workers' compensation, and provides reinsurance services. Progressive's products are distributed through independent insurance agencies, as well as directly to consumers via its online platforms (including mobile access) and telephone channels. Established in 1937, The Progressive Corporation maintains its headquarters in Mayfield, Ohio.
Related entities
Subsidiaries (4)
PROGRESSIVE AGENCY HOLDINGS, INC.
PROGRESSIVE CAPITAL MANAGEMENT CORP.
PROGRESSIVE INVESTMENT COMPANY, INC.
Progressive Next Inc.
Key people
President, Chief Executive Officer, Director · since 2016
Karen Bailo
President - Commercial Lines · since 2020
Patrick Callahan
President - Personal Lines · since 2015
John Murphy
Claims President · since 2021
Lori Niederst
Customer Relationship Management President · since 2021
William Clawson
Chief Human Resources Officer · since 2021
Jonathan Bauer
Chief Investment Officer · since 2020
Steven Broz
Chief Information Officer · since 2016
Carl G. Joyce
Chief Accounting Officer, Vice President · since 2025
Chief Financial Officer, Vice President · since 2015
David Stringer
Vice President, Secretary, Chief Legal Officer · since 2024
Remi Kent
Chief Marketing Officer · since 2021
Andrew Quigg
Chief Financial Officer · since 2026
Independent Director · since 2017
Stuart Burgdoerfer
Independent Director · since 2009
Pamela Craig
Independent Director · since 2018
Independent Director · since 1996
Independent Director · since 2008
Independent Chairperson of the Board · since 2018
Devin Johnson
Independent Director · since 2020
Legal address
c/o C T Corp., 4400 EASTON COMMONS WAY, SUITE 125
COLUMBUS, OH 43219
US
COLUMBUS, OH 43219
US
Headquarters
6300 Wilson Mills Road
Mayfield Village, OH 44143
US
Mayfield Village, OH 44143
US
Valuation
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