Progressive Corporation
The Progressive Corporation is an American insurance company. In late 2022, Progressive became the largest motor insurance carrier in the U.S. The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield Village, Ohio. 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.
A Progressive insurance agency in Valdosta, Georgia, in December 2013 | |
| Company type | Public |
|---|---|
| Industry | Insurance |
| Founded | March 10, 1937 |
| Headquarters | Mayfield Village, Ohio, U.S. |
Key people | Lawton W. Fitt (Chairperson) Tricia Griffith (President and CEO) |
| Revenue | US$49.61 billion (2022) |
| US$1.487 billion (2022) | |
| US$721.5 million (2022) | |
| Total assets | US$75.46 billion (2022) |
| Total equity | US$17.04 billion (2022) |
Number of employees | 55,100 (2022) |
| Website | www |
The company ranked #88 on the 2023 Fortune 500 list of the top American corporations.
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