Company Information

Get to know The Progressive Corporation

Founded in 1937, The Progressive Corporation is a leading American insurance company, specializing in personal and commercial auto insurance, as well as offering a wide range of other property and casualty insurance products, including homeowners, renters, and specialty vehicle insurance. The company is known for its innovation in the insurance industry, such as being the first to offer drive-in claims service and usage-based insurance (Snapshot). Its business strategy focuses on providing competitive rates and a superior customer experience through a combination of direct sales (online and phone) and a network of independent insurance agents.

Industry

Financial InsurancePRIMARY
Financial Banking
Financial Other Service

Contact

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The Progressive Corporation

United States

Founded in

1937 (89 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Reviews

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.