SUBMIT NEWS

SUBSCRIBE | Advertise

Register | Login
Submit News
Subscribe
Advertise
Member News
Jobs
Research
Become a Client
Opinion
Data
- Home
- My News
- Companies
- Funding
- Partnerships
- Acquisitions
- Technology
- Job Openings
Contact

Shefi Ben-Hutta
Editor at Coverager

Progressive

Progressive Reports April 2017 Results

1. Net written premiums jumped 16%

2. Net premiums earned jumped 13%

3. In 2016, Progressive’s direct channel sold 7% more auto policies compared to its agency channel

Similar trend in 2017.

When comparing 2016 to 2017 growth by agency channel compared to its direct channel – both grew at the same pace of 8% .

All in all, Progressive now enjoys over 15 million auto policyholders; a close race with Geico.

Related Posts

Marketing

Cleveland Guardians extend Progressive Field naming rights until 2036

By Gabriella Ben-Hutta ·

The new agreement would automatically be extended at the end of the term through the 2041 baseball season should the ballpark lease be extended through that period.

Financials

Progressive reports 84.3% CR for March

By Avi Ben-Hutta ·

The insurer reported $893.6 in net income.

Financials

Progressive ends February with 86.8% combined ratio

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $737 million.

Innovation

Progressive is building a home repair network

By Shefi Ben-Hutta ·

Castle is inviting service professionals to join its network.