Progressive Corporation
American insurance company / From Wikipedia, the free encyclopedia
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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 Village, 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.
Quick Facts Company type, Traded as ...
Company type | Public |
---|---|
Industry | Insurance |
Founded | March 10, 1937; 87 years ago (1937-03-10) |
Headquarters | Mayfield Village, 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 |
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The company ranked #88 on the 2023 Fortune 500 list of the top American corporations.[4]