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Progressive

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

Tricia Griffith's photo - President & CEO of Progressive

President & CEO

Tricia Griffith

CEO Approval Rating

83/100

Founded:

1937

Status:

PublicIndependent CompanyNYSEPGR

PROGRESSIVE TOP COMPETITORS OR ALTERNATIVES

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Allstate is perceived as one of Progressive's biggest rivals. Allstate's headquarters is in Northbrook, Illinois, and was founded in 1931. Allstate operates in the Property & Casualty Insurance industry. Allstate generates 106% 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 Life & Health Insurance industry. Compared to Progressive, State Farm generates $34.8B more revenue.

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Progressive Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$44.1B

Progressive's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 28.9B. Over the last four quarters, Progressive's revenue has grown by $32M. Specifically, in Q1 2021's revenue was $10.9B; in Q4 2020, it was $11.4B; in Q3 2020, it was $10.9B; in Q2 2020, Progressive's revenue was $10.9B.

Progressive Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Protective Insurance Corporation

Feb 2021

Source »
$338M
Protective Insurance provides insurance programs to trucking fleets, motorcoach operations and limousine services in the transportation industry.

These are all the companies that Progressive has acquired. Progressive's latest acquisition was Protective Insurance Corporation in Feb 2021. Protective Insurance provides insurance programs to trucking fleets, motorcoach operations and limousine services in the transportation industry.

Progressive Funding History

No recent funding data found related to Progressive

Progressive Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

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

These are all the companies that Progressive has invested in. Progressive's latest investment was Protective Insurance Corporation in Feb 2021. Protective Insurance provides insurance programs to trucking fleets, motorcoach operations and limousine services in the transportation industry.

Progressive News

June 3, 2021Collision Week

Progressive Completes Acquisition of Commercial Insurer Protective Insurance

The Progressive Corporation (NYSE:PGR) announced that it has successfully completed the acquisition o... See more »
May 14, 2021MarketScreener

Amended language from the Company's Code of Regulations approved on May 7, 2021 (Form 8-K)

(marketscreener.com) The first sentence of Article II, Section 1 of the Company's Code of Regulations... See more »
May 10, 2021Benzinga

Progressive Announces Common Share Dividend and Share Repurchase Authorization

MAYFIELD VILLAGE, OHIO, May 10, 2021 (GLOBE NEWSWIRE) -- On May 7, 2021, the Board of Directors of Th... See more »
April 15, 2021MarketScreener

Progressive Corp. on Pace for Largest Percent Increase Since July 2020 -- Data Talk

(marketscreener.com) Progressive Corporation is currently at $100.82, up $3.63 or 3.74% -- Would be h... See more »
April 15, 2021FinanzNachrichten

Progressive Q1 Earnings Rise, Above Estimates

WASHINGTON (dpa-AFX) - Auto insurance company The Progressive Corp. (PGR) on Thursday reported higher... See more »

Progressive Press Releases

September 29, 2020EIN Presswire

Humble Design and Progressive Team Up to Fight Homelessness in Cleveland.

Humble Design selected for its immediate impact and results in helping the homeless.MAYFIELD VILLAGE,... See more »
September 17, 2020GlobeNewswire

Progressive Reports August 2020 Results

MAYFIELD VILLAGE, OHIO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) tod... See more »
September 16, 2020Motor Sports Newswire

Progressive Named Series Entitlement Sponsor of American Flat Track

DAYTONA BEACH, FL - September 16, 2020 - (Motor Sports NewsWire) - AMA Pro Racing proudly announced t... See more »
August 12, 2020Progressive

Progressive enters the rapidly growing voluntary benefit market by expanding pet health insurance plan offering

MAYFIELD VILLAGE, Ohio and BOISE, Idaho, Aug. 12, 2020 /PRNewswire/ -- Progressive is entering the vo... See more »
March 17, 2020GlobeNewswire

Progressive Reports February 2020 Results

MAYFIELD VILLAGE, OHIO, March 17, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) tod... See more »

Progressive Videos

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Progressive Headquarters

6300 Wilson Mills Road

Village of Mayfield, Ohio44143

800-776-4737

Driving Directions »

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Progressive 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 latest acquisi...

CEO

Progressive's President & CEO, Tricia Griffith, currently has an approval rating of 83%. Progressive's primary competitors are Allstate, GEICO & State Farm.

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 $44.1B 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