Progressive Corporation Company Description
It's risky business, and Progressive loves it. Long a leader in nonstandard, high-risk personal auto insurance, The Progressive Corporation has motored beyond its traditional business into standard-risk and preferred auto insurance, as well as other personal-use vehicle coverage (motorcycles, recreational vehicles, and snowmobiles). Progressive also offers commercial policies for heavy trucks, vans, and lighter trucks. It writes a bit of professional liability insurance for directors' and officers' insurance of community banks. The company markets directly to consumers online and by phone, and through 30,000 independent agents which account for more than 60% of the company's business.
View the Comprehensive Company Description for Progressive Corporation
The Company Description provides a historical perspective of Progressive Corporation's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Progressive Corporation's evolution in the marketplace.
