Company Progressive Corporation

Equities

PGR

US7433151039

Property & Casualty Insurance

Market Closed - Nyse 04:00:01 2024-06-14 pm EDT 5-day change 1st Jan Change
203.9 USD +0.16% Intraday chart for Progressive Corporation -4.05% +28.03%

Business Summary

Progressive Corporation is an insurance group organized around 3 areas of activities:

- automobile insurance for individuals (77.9% of net written premiums). Net written premiums break down by distribution network between Internet and phone (52.3%) and agencies (47.7%);

- cars and trucks insurance of companies (17.3%);

- property insurance (4.8%).

All net written premiums are earned in the United States.

Number of employees: 61,432

Sales per Business

USD in Million2022Weight2023Weight Delta
Personal Lines
74.4 %
37,880 76.4 % 46,213 74.4 % +22.00%
Commercial Lines
15.9 %
9,088 18.3 % 9,899 15.9 % +8.92%
Property
4.1 %
2,270 4.6 % 2,551 4.1 % +12.40%
Investments
3.6 %
-652 -1.3 % 2,245 3.6 % -444.36%
Fees and Other Revenues
1.4 %
722 1.5 % 889 1.4 % +23.13%
Service Businesses
0.5 %
299 0.6 % 310 0.5 % +3.61%
Other Indemnity
0.0 %
3 0.0 % 1 0.0 % -62.96%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
49,611 100.0 % 62,109 100.0 % +25.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 87-12-31
Director of Finance/CFO 60 89-12-31
Chief Tech/Sci/R&D Officer 53 00-12-31
Chief Investment Officer 46 20-01-02
General Counsel - Dec. 31
Human Resources Officer 54 03-12-31
Corporate Officer/Principal - -
Sales & Marketing 48 21-10-31
Treasurer 49 05-12-31
Corporate Officer/Principal 51 96-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 70 09-06-10
Chief Executive Officer 59 87-12-31
Director/Board Member 67 17-12-31
Director/Board Member 75 96-09-30
Director/Board Member 71 08-05-31
Director/Board Member 70 99-12-31
Director/Board Member 60 09-12-10
Director/Board Member 68 14-10-09
Director/Board Member 50 20-11-08
Director/Board Member 52 17-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 797,600,000 584,067,370 ( 73.23 %) 211,900,000 ( 26.57 %) 73.23 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.836 %
51,751,851 8.836 % 10 929 M $
BlackRock Advisors LLC
6.181 %
36,203,275 6.181 % 7 645 M $
24,412,168 4.168 % 5 155 M $
JPMorgan Investment Management, Inc.
3.575 %
20,938,459 3.575 % 4 422 M $
Merrill Lynch International
3.007 %
17,611,996 3.007 % 3 719 M $
Wellington Management Co. LLP
2.906 %
17,019,930 2.906 % 3 594 M $
Massachusetts Financial Services Co.
2.506 %
14,679,576 2.506 % 3 100 M $
Geode Capital Management LLC
2.107 %
12,339,608 2.107 % 2 606 M $
Fidelity Management & Research Co. LLC
1.847 %
10,820,422 1.847 % 2 285 M $
AllianceBernstein LP
1.581 %
9,261,738 1.581 % 1 956 M $

Company contact information

Progressive Corp.

6300 Wilson Mills Road

44143-9998, Mayfield Village

+440 461 5000

http://www.progressive.com
address Progressive Corporation(PGR)

Group companies

NameCategory and Sector
Investment Managers
Property/Casualty Insurance
Property/Casualty Insurance
Progressive Investment Co., Inc.
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