Progressive Corporation history, profile and corporate video
The Progressive Corporation is an American insurance company headquartered in Mayfield Village, Ohio, U.S. It was originally founded under the name of Progressive Mutual Insurance Company by Joseph Lewis and Jack Green, in 1937.
In 1965, the Progressive Corporation was founded.
The company operates through the following business segments: Vehicle insurance, Property insurance & protection, Personal insurance & services, Business insurance, and Financial services.
Vehicle insurance
The Vehicle insurance segment provides insurances for a wide range of vehicles, such as ATV/UTV, auto, boat, classic car, golf car, Mexico auto, motorcycle, PWC, RV, segway, and snowmobile.
Property insurance & protection
The Property insurance & protection segment involves protection of the interior structure and personal belongings, protection against floods, home security, home warranty, coverage for renting out home, coverage for manufactured homes, and others.
Personal insurance & services
The Personal insurance & services segment comprises different areas, such as dental, health, life, pet, phone and electronic devices, travel, umbrella, vision, wedding & events, and others.
Business insurance
The Business insurance segment provides different insurances, such as safeguard the business from liability claims with confidence, coverage for business vehicles, protection against lawsuits, including libel and slander, protection against negligence claims, or covers for medical expenses and wages.
Financial services
The Financial services segment involves services, such as home financing, home refinancing, personal loans, and car shopping service.
With more than 41 000 employees, The Progressive Corp. is considered one of the largest providers of car insurance in America. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.progressive.com”.
**Video published on YouTube by “Progressive Insurance“.