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Progressive's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Progressive provides personal, commercial automobile, property, casualty insurance and other related services.

Progressiv... Read more

Based on data from Progressive's latest SEC filings

Annual Revenue

Based on data from Progressive's latest SEC filings

Employees

Tricia Griffith's photo - President & CEO of Progressive

President & CEO

Tricia Griffith

CEO Approval Rating

74/100

OVERVIEW

Founded:

1937

Headquarters:

Village of Mayfield, Ohio
Cleveland Metropolitan Area

Status:

PublicNYSEPGR

Industry Sector:

Life & Health Insurance

SIC Code:

6321NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is Travelers a competitor of Progressive?

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Trending News for Progressive and Progressive's Competitors

June 3, 2020

TechCrunch

Challenger bank Varo, soon to become a real bank, raises $241M Series D

Mobile banking startup Varo Money has raised an additional $241 million in Series D funding, the comp... See more »

June 4, 2020

Nationwide Blog

How to Jump-Start a Motorcycle

Fewer things are more disappointing than getting ready for a casual ride or just trying to head home ... See more »

June 3, 2020

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AIG finalizes major sale

Insurer views transaction as a step forward in managing its legacy liabilitiesThe post AIG finalizes ... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Allstate is perceived as one of Progressive's biggest rivals. Allstate's headquarters is in Dallas, Texas, and was founded in 1931. Allstate operates in the Diversified Financial Services industry. Allstate generates 109% of Progressive's revenue.

GEICO has been one of Progressive's top competitors. GEICO is a Private company that was founded in 1936 in Chevy Chase, Maryland. GEICO operates in the Life & Health Insurance industry. Compared to Progressive, GEICO has 2,654 more employees.

State Farm is Progressive's #3 rival. State Farm was founded in Bloomington, Illinois} in 1922. State Farm is in the Diversified Financial Services industry. Compared to Progressive, State Farm generates $41.9B more revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Tricia Griffith

President & CEO

- -
37,346
$0
$39.8B
1

Tom Wilson

Chairman & CEO

65/100
42,900
- -
$43.4B
2

Todd Combs

President & CEO

65/100
40,000
- -
$25.5B
3

Michael L Tipsord

Chairman & CEO

66/100
59,000
$222.7M
$81.7B
4

David H Long

Chairman & CEO

59/100
45,000
- -
$41.6B
5

Kirt Walker

CEO

94/100
38,000
$132.7M
$49.3B
6

Alan D. Schnitzer

Chairman & CEO

74/100
30,400
$388.5M
$31.5B
7

Jeffrey Dailey

CEO

62/100
21,000
- -
$3.8B
8

Wayne Peacock

President & CEO

68/100
34,000
- -
$31.3B
9

Evan G. Greenberg

Chairman & CEO

68/100
32,700
- -
$34B
10

Brian Duperreault

President & CEO

75/100
49,800
- -
$50.3B
The top 10 competitors in Progressive's competitive set are Allstate, GEICO, State Farm, Liberty Mutual, Nationwide, Travelers, Farmers, USAA, Chubb and AIG. Together they have raised over 743.9M between their estimated 392.6K employees. Progressive has 37,346 employees and is ranked 7th among it's top 10 competitors. The top 10 competitors average 39,104.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$39.8B

Progressive's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 39.3B. Over the last four quarters, Progressive's revenue has grown by 6.6%. Specifically, in Q1 2020's revenue was $9.8B; in Q4 2019, it was $11.4B; in Q3 2019, it was $9.4B; in Q2 2019, Progressive's revenue was $9.2B.

Acquisitions

No recent acquisitions found related to Progressive

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Varo is a mobile application that provides personal finance management and digital banking solutions for individuals.
$241M
Jun 02, 2020
Series D
-

Progressive News

May 19, 2020The Business Journals

Higher revenue, profits propel Progressive 13 rungs up Fortune 500 ladder

Double-digit revenue and profit growth - and a hiring spree - propelled Progressive Corp. 13 rungs up... See more »
May 6, 2020Insurance Journal

Progressive Q1 Results Reflect 'Significant Impact' from Coronavirus, Restrictions

The Progressive Corp. said its results for the first quarter were "significantly impacted" by the spr... See more »
April 17, 2020FenderBender

Progressive Donates $2M to Establish COVID-19 Relief Fund

Progressive Insurance has donated $2 million to establish the Trusted Choice COVID-19 Relief Fund.... See more »
April 16, 2020Collision Week

Progressive Insurance to Provide Collision Repair Network Shops Over $2 Million in Relief Funding

Given coronavirus slowdown, insurer will provide funds to its repair network shops to use as they see... See more »
April 16, 2020Insurance Journal

Progressive Gives $2M to Big 'I' Fund to Aid Agencies Affected by Coronavirus Crisis

Progressive Insurance has donated $2 million dollars to establish the Trusted Choice COVID-19 Relief ... See more »
April 15, 2020Zacks

Progressive Refunds Premium to Members on Reduced Driving

Progressive (PGR) intends to relieve its members of financial burden amid the crisis as it is witness... See more »
April 15, 2020FinanzNachrichten

Progressive Corp. Q1 Profit Declines

WASHINGTON (dpa-AFX) - The Progressive Corp. (PGR) reported first quarter earnings per share of $1.17... See more »

Progressive Press Releases

February 19, 2020StreetInsider

Progressive Announces Dividend Information and Reports January 2020 Results, (continue reading...)

See more »
January 29, 2020StreetInsider

Progressive Reports December 2019 Results

See more »
January 27, 2020StreetInsider

Progressive Insurance Named Title Sponsor of the 2020 King of the Motos and the Official Insurance Company of ULTRA4 Racing

TEMECULA, Calif. (PRWEB) January 27, 2020 Today, ULTRA4 Racing welcomed Progressive Insurance as titl... See more »
November 5, 2019PR Newswire

Enterprise Rent-A-Car Supports Keys to Progress® for the Seventh Consecutive Year

ST. LOUIS, Nov. 5, 2019 /PRNewswire/ -- In observance of Veterans Day, Enterprise Rent-A-Car is once ... See more »
October 30, 2019GlobalNewswire

Progressive Announces Investor Relations Conference Call

MAYFIELD VILLAGE, OHIO, Oct. 30, 2019 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Co... See more »
October 30, 2019centralcharts

Progressive's Keys to Progress® Event Provides Vehicles to More than 100 Military Families

Progressive's Keys to Progress® Event Provides Vehicles to More than 100 Military Families Program Ho... See more »
August 28, 2019PR Newswire

Progressive Drafts Baker Mayfield

MAYFIELD VILLAGE, Ohio, Aug. 28, 2019 /PRNewswire/ -- Progressive, a leader in the insurance industry... See more »

Progressive Videos

March 23, 2020Progressive Youtube Channel

"Sadsquatch | Progressive Insurance Commerical" on YOUTUBE

See more »
January 6, 2020Progressive Youtube Channel

"Sign Spinner: Directions | Progressive Insurance Commercial" on YOUTUBE

See more »
May 29, 2019Progressive Youtube Channel

"Secret Life of Pets 2 | Progressive Insurance Commercial" on YOUTUBE

See more »
May 2, 2019Progressive Youtube Channel

"Motaur: Wishes | Progressive Insurance Commercial" on YOUTUBE

See more »
March 26, 2018Progressive Youtube Channel

"Photography with Shannon Royce: Low Light" on YOUTUBE

See more »
March 26, 2018Progressive Youtube Channel

"Janice Bought a House - Progressive Insurance Commercial" on YOUTUBE

See more »
November 24, 2017Progressive Vimeo Channel

"UEFA Regions' Cup 2017 in Istanbul" on VIMEO

The UEFA Regions Cup 2017 documentary was directed, filmed and edited by Steven Blatter & William Mor... See more »

Social Statistics

Headquarters

6300 Wilson Mills Road

Village of Mayfield, Ohio44143

800-776-4737

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Progressive provides personal, commercial automobile, property, casualty insurance and other related services. Progressive was founded in 1937. Progressive's headquarters is located in Village of Mayfield, Ohio, USA 44143. Progressive's President & C...

CEO

Progressive's President & CEO, Tricia Griffith, currently has an approval rating of 74%. Progressive's primary competitors are Allstate, GEICO & State Farm.

Website

progressive.com

Frequently Asked Questions about Progressive

  1. When was Progressive founded?

    Progressive was founded in 1937

  2. Who is Progressive's CEO?

    Progressive's CEO is Tricia Griffith

  3. How much revenue does Progressive generate?

    Progressive generates $39.8B in revenue

  4. How much funding does Progressive have?

    Progressive has historically raised $0 in funding

  5. Where is Progressive's headquarters?

    Progressive's headquarters is in Village of Mayfield Ohio, USA

  1. How many employees does Progressive have?

    Progressive has 37,346 employees

  2. What sector does Progressive operate in?

    Progressive is in Life & Health Insurance

  3. Who are Progressive's competitors?

    Progressive's top competitors are Allstate, GEICO, State Farm

  4. Who has Progressive invested in?

    Progressive's has invested in companies such as Varo
Stay up-to-date with the latest news on Progressive