Progressive Corp. is a leading insurance holding company headquartered in Village Of Mayfield, Ohio, with a workforce of 49,000 dedicated employees. The company operates through three primary segments, namely Personal Lines, Commercial Lines, and Property.
The Personal Lines segment of Progressive Corp. focuses on providing insurance coverage for personal autos and recreational vehicles. The company sells its Personal Lines products through both the agency and direct channels, offering ...
Progressive Corp. is a leading insurance holding company headquartered in Village Of Mayfield, Ohio, with a workforce of 49,000 dedicated employees. The company operates through three primary segments, namely Personal Lines, Commercial Lines, and Property.
The Personal Lines segment of Progressive Corp. focuses on providing insurance coverage for personal autos and recreational vehicles. The company sells its Personal Lines products through both the agency and direct channels, offering customers maximum flexibility and convenience.
In contrast, the Commercial Lines segment of Progressive Corp. caters to businesses, writing auto-related liability and physical damage insurance, workers’ compensation insurance primarily for the transportation industry, and general liability and property insurance for small businesses. This segment offers its auto products in all states, making it a prominent player in the commercial auto insurance space.
The Property segment of Progressive Corp. focuses on residential property and renters insurance, serving customers in almost all states, primarily through independent agency channels and select agents. This segment offers customers a wide range of coverage options and unparalleled customer service, ensuring maximum satisfaction for its customers.
The non-insurance subsidiaries of Progressive Corp. support its insurance and investment operations, helping the company maintain its competitive edge in the industry. The company has a strong presence throughout the United States, offering customers across the nation with the peace of mind that comes from knowing they are covered by a trusted and reliable insurer.
Whether you're looking for personal or commercial insurance, Progressive Corp. is a company you can count on. With its wide range of products and commitment to exceptional customer service, it's no surprise that Progressive Corp. is a leader in the insurance industry, with a strong share price, market cap and stocks share price today.
Show More