Progressive was founded in 1937 by Jack Green and Joseph Lewis as Progressive Mutual Insurance Company.
In 1951, the company moved into a new headquarters in downtown Cleveland, Ohio after outgrowing their first office.
In 1955, Joe Lewis died and Jack Green becomes CEO. Joe’s son, Peter Lewis, begins working for the company.
In 1956, the company begins an auto insurance program for high-risk drivers.
In 1965, Peter Lewis becomes CEO.
In 1974, the company moves headquarters to Mayfield Village, Ohio where they still reside today.
In 1987, the company is listed on the NYSE.
The company states that it has plans to hire at least 7,500 new employees, in a statement released in December 2017.
In late 2018, the company announced that it was going to offer small businesses the opportunity to compare, quote, and buy cyber insurance, online, through a site called CyberPolicy.
Today, Progressive is one of the largest automobile insurers in the US. The company also provides property and casualty lines.
Progressive was founded in 1937 by Jack Green and Joseph Lewis as Progressive Mutual Insurance Company.
In 1951, the company moved into a new headquarters in downtown Cleveland, Ohio after outgrowing their first office.
History
In 1955, Joe Lewis died and Jack Green becomes CEO. Joe’s son, Peter Lewis, begins working for the company.
In 1956, the company begins an auto insurance program for high-risk drivers.
In 1965, Peter Lewis becomes CEO.
In 1974, the company moves headquarters to Mayfield Village, Ohio where they still reside today.
In 1987, the company is listed on the NYSE.
The company states that it has plans to hire at least 7,500 new employees, in a statement released in December 2017.
In late 2018, the company announced that it was going to offer small businesses the opportunity to compare, quote, and buy cyber insurance, online, through a site called CyberPolicy.
Today, Progressive is one of the largest automobile insurers in the US. The company also provides property and casualty lines.