Progressive Corp (Ohio) is a leading insurance company that writes commercial liability, property insurance, auto insurance, etc.
The Ohio-based firm, formerly known as Progressive Mutual Insurance Company, was established in 1937.
Co-founders Jack Green and Joseph Lewis set up the business to provide affordable auto insurance services in the region.
The publicly listed firm trades on the New York Stock Exchange under the stock quote of ‘PGR’.
The insurance holding company provides commercial and automobile insurance, personal auto insurance, and other specialty casual property insurance across the United States. In addition, it claims to serve more than 18 million customers annually.
The American insurance firm’s suite of insurance services includes:
• Personal loans
• Life Insurance
• Auto insurance
• RV/Trailer insurance
• Motorcycle insurance
The solutions under property segment consists of home security, renters, condo, flood, Mobile Home, renters, etc. In addition, the US-based company provides personal insurance like dental, health, life, pet, travel, wedding and event.
Other offerings include commercial auto, general liability, workers compensation, car shopping services, etc.
The American insurance company provides various claim services both offline and online. The users can track or report a claim by login into an online account, the firm claims. In addition, it claims to educate the users and customers with diversified financial information on the official website, ranging from insurance basics, cost and savings to deductibles. It distributes the products either through a network of local agents or direct channels.
The company’s commercial lines segment caters to writing of physical damage insurance, auto-related liability, property insurance, and general liability.
Under the property segment, the American insurance provider caters to homeowners, renters and property owners, and writes residential insurance for property.
The insurance holding entity operates through various subsidiaries, including Progressive Titles Co Inc, ARX Holdings Corp, Drive Insurance Holdings Inc, Progressive RSC Inc, Garden Sun Insurance Services Inc, Village Transport Corp and Pacific Motor Club.