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US$17.04 billion (2022) [1] Number of employees. 55,100 (2022) [1] Website. www .progressive .com. The Progressive Corporation is an American insurance company. In late 2022, Progressive became the largest motor insurance carrier in the U.S. [2] The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in ...
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While this transaction allowed Progressive to have a controlling interest of 67%, Progressive has owned as much as 5% since 2012. The company paid $875 million for the acquisition. [5] The strategic partnership between the two companies is meant to allow them to compete in the coveted insurance "bundling" market.
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University of Pennsylvania, Wharton School of Business. Occupation. Business executive. Years active. 1988–present. Employer (s) The Progressive Corporation ( President and CEO) Tricia Griffith (born October 1964) is an American business executive who is the president and chief executive officer of The Progressive Corporation.