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Industry Center - Property & Casualty Insurance
Industry Center > Property & Casualty Insurance > THE PROGRESSIVE CORPORATION Company Profile
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It's risky business, and Progressive loves it. Long a leader in nonstandard, high-risk personal auto insurance, Progressive has motored beyond its traditional business into standard-risk and preferred auto insurance, as well as other personal-use vehicle coverage (motorcycles, RVs, and snowmobiles) through carriers including majority-owned American Strategic Insurance. Progressive also offers commercial policies for heavy trucks, vans, and lighter trucks. It writes a bit of professional liability insurance for directors and officers, as well. The company markets directly to consumers online and by phone, and through more than 35,000 independent agents who account for the majority of its business.
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Contact Information
Address: 6300 Wilson Mills Rd
Mayfield Village, OH 44143-2109
Financial Highlights
Fiscal Year End:December
Revenue (2014):19391.40 M
Revenue Growth (1 yr):6.70%
Employees (2014):26,501
Employee Growth (1 yr):1.40%
Key People
Chairman, President, and CEO: Glenn M. Renwick
General Manager, Midwest Region, Claims Group: John P. Sauerland
CIO: Raymond M. Voelker
Industry Information
Sector: Financial
Industry: Property & Casualty Insurance
Top Competitors
Geico Corporation
State Farm Mutual Automobile Insurance Company

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