Progressive Mutual Insurance Company was started on March 10th , 1937, by Jack Green and Joseph Lewis. Their main aim was to provide automobile owners with protection and security and besides, they thought that an insurance business was a pretty decent investment for a duo of lawyers that were merely getting started. Since its incorporation, Progressive has taken a ground-breaking approach towards auto insurance. They started offering services like drive-in for claiming service and allowing consumers to pay in installments before any other automobile insurance company. The main motto of Progressive was - and still is, to make vehicle insurance reachable and easy, as well as affordable, to masses, so more and more people could protect their vehicles against damage. Since then the company has moved a lot. In 1990 it was one of the progressive and customer satisfaction driven companies that introduced Immediate Response, a claim service which is available 24 by 7, to provide clients with support and personal service right away after a claim was reported. Later in 1992, it was recognized as the biggest seller of auto insurance. Another one of the first introduced thing in the industry in 1994 was the start of the Immediate Response Vehicle, which was a specially designed and marked vehicle which brought expert claims professionals to the place where customers wanted them sometimes even at the scene of an accident.
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The Progressive Corporation (PGR), Progressive Casualty Insurance Company, through its subsidiaries, provides personal automobile insurance, and other specialty property-casualty insurance and related services in the United States. The company operates in three segments: Personal Lines, Commercial Auto, and Other-indemnity. The Personal Lines segment writes insurance for private passenger automobiles, motorcycles, boats, and recreational vehicles through both an independent agency channel and a direct channel. The Commercial Auto segment writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses primarily through the independent agency channel. The Other-indemnity segment provides professional liability insurance to community banks, principally directors, and officers liability insurance. It also provides insurance-related services, primarily providing policy issuance and claims adjusting services in 25 states for Commercial Auto Insurance Procedures/Plans. In 2008, the company was ranked 175 in the Fortune 500.
The company was co-founded in
1937
by Jack Green and Joe Lewis and is headquartered in
Mayfield Village, Ohio