The Progressive Corporation (LON: 0KOC)
London flag London · Delayed Price · Currency is GBP · Price in USD
240.86
-1.24 (-0.51%)
Dec 23, 2024, 5:02 PM BST

The Progressive Corporation Company Description

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States.

It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV).

This segment’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products.

The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses.

The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance.

The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers’ compensation insurance, and other products; and reinsurance services.

It sells its products through independent insurance agencies, as well as through mobile applications and over the phone.

The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.

The Progressive Corporation
Country United States
Founded 1937
Industry Insurance - Property & Casualty
Sector Financials
Employees 61,432
CEO Susan Griffith

Contact Details

Address:
300 North Commons Blvd.
Mayfield Village, Ohio 44143
United States
Phone (440) 461-5000
Website progressive.com

Stock Details

Ticker Symbol 0KOC
Exchange London Stock Exchange
Fiscal Year January - December
Reporting Currency USD
ISIN Number US7433151039
SIC Code 6331

Key Executives

Name Position
Susan Patricia Griffith President, Chief Executive Officer and Director
John Peter Sauerland Vice President and Chief Financial Officer
Patrick K. Callahan President of Personal Lines
John Joseph Murphy President of Claims
Karen Barone Bailo President of Commercial Lines
Jonathan S. Bauer Chief Investment Officer
Mariann Wojtkun Marshall Vice President, Chief Accounting Officer and Assistant Secretary
Steven Anthony Broz Chief Information Officer
Douglas S. Constantine Director of Investor Relations
David M. Stringer Vice President, Secretary and Chief Legal Officer