New name provides same great coverage,
exceptional customer service
MAYFIELD
VILLAGE, Ohio, Jan. 29,
2024 /PRNewswire/ -- Progressive Insurance®, the
number one Commercial Auto insurer in the U.S., today announced a
new name for its large fleet commercial line (CL) coverage,
formerly known as Protective Insurance, to Progressive Fleet &
Specialty Programs (Progressive Fleet).
The new name reflects the integration of businesses and captures
Progressive's expanded expertise in large fleet transportation and
niche insurance programs designed for those in the transportation
and delivery industries. Progressive acquired the Protective
Insurance Corporation in 2021 and the official brand name change
aims to benefit agents and customers with a nationally recognized
brand.
"This announcement was part of our strategy when we first
acquired Protective almost three years ago," said Karen Bailo, Progressive's Commercial Lines
President. "Our vision has come to fruition with this announcement
enabling us to promote our full suite of capabilities in the
transportation market."
Before joining Progressive, Protective Insurance had a
decades-long heritage of marketing and underwriting insurance,
including workers' compensation, primarily for the transportation
industry.
Progressive Fleet carries on Protective's priorities to
consistently deliver excellent customer service and to provide
clients with personal attention and quality coverage, backed by an
A (Excellent) rating by A.M. Best. Now operating within a leading
brand, it continues to be the leading solution for fleet trucking
and workers' compensation insurance
About Progressive
Progressive
Insurance® makes it easy to understand, buy and
use car insurance, home insurance, and other protection
needs. Progressive offers choices so consumers can reach us however
it's most convenient for them — online at progressive.com, by phone
at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person
with a local agent.
Progressive provides insurance for personal and commercial autos
and trucks, motorcycles, boats, recreational vehicles, and homes;
it is the second largest auto insurer in the country, a leading
seller of commercial auto, motorcycle, and boat
insurance, and one of the top 15 homeowners insurance carriers.
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
HomeQuote Explorer®.
The Common Shares of The Progressive Corporation, the
Mayfield Village, Ohio-based
holding company, trade publicly at NYSE: PGR.
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SOURCE Progressive Insurance