With Growth in 2015, Progressive® Insurance Becomes #1 U.S. Commercial Auto Insurer
MAYFIELD VILLAGE, Ohio — August 4, 2016 — Progressive topped the 2015 list of U.S. commercial auto insurers, according to data from SNL Financial, making it the #1 commercial auto Insurer in the United States.
Each year, SNL Financial releases the Commercial Auto Competitor Report, ranking the country's top 50 commercial auto insurers by U.S. written premium. In just five years, Progressive went from the #4 writer of commercial to achieving the #1 spot because of continued growth in all of their business market segments, especially their "for-hire" segments, which include long-haul and specialty trucking risks.
"While earning the #1 ranking was never our goal, this milestone is a collective achievement that we attribute to the hard work and dedication of our Progressive employees and independent agents," said, Progressive's Commercial Lines President John Barbagallo. "We look forward to continued growth by doing what got us here — taking the time to fully understand our customers' needs and providing them with the right coverage, at the right price, with service they can depend on. That includes looking at how to best service our current book of business as well as expanding to new and evolving commercial auto markets."
To learn more about Progressive Commercial Auto, visit progressivecommercial.com
The Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach it whenever, wherever and however it's most convenient — online at progressive.com, by phone at 1-800-PROGRESSIVE, on a mobile device or in-person with a local agent.
Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes. Home insurance is underwritten by select carriers, including its majority-owned subsidiary, American Strategic Insurance (ASI).
Progressive is the fourth largest auto insurer in the country; a leading seller of motorcycle and commercial auto insurance; and through ASI, one of the top 20 homeowners carriers. Progressive also offers car insurance online in Australia at http://www.progressiveonline.com.au.
Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and Service Centers.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.