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Progressive Corp

Common Name
Progressive
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
70,053
Ticker
PGR
Exchange
New York Stock Exchange
Description
Progressive Corporation is an American insurance holding company specializing in property and casualty coverage for individuals and businesses. The company’s core offerings include personal and commer...

Progressive's Group Entities Data Preview

The Group Entity dataset is currently being compiled; join the waitlist to secure early access!

As of the end of fiscal year 2024, Tracenable has captured detailed data on Progressive's corporate ownership structure, offering an in-depth view of its significant subsidiaries and their importance within the group.a

The dataset includes information on 77 subsidiaries, identified as material based on their financial importance, operational scale, or strategic contribution to Progressive's consolidated operations.a

Entity NameCountryTypeOwnershipLEIPermID
ARX Holding Corp.a
USASubsidiaryNot Specified
American Strategic Insurance Corp.a
USASubsidiaryNot Specified
ASI Assurance Corp.a
USASubsidiaryNot Specified
ASI Home Insurance Corp.a
USASubsidiaryNot Specified
ASI Lloyds, Inc.a
USASubsidiaryNot Specified
ASI Preferred Insurance Corp.a
USASubsidiaryNot Specified
ASI Select Auto Insurance Corp.a
USASubsidiaryNot Specified
ASI Select Insurance Corp.a
USASubsidiaryNot Specified
ASI Underwriters Corp.a
USASubsidiaryNot Specified
Progressive Property Insurance Companya
USASubsidiaryNot Specified
PropertyPlus Insurance Agency, Inc.a
USASubsidiaryNot Specified
Sunshine Security Insurance Agency, Inc.a
USASubsidiaryNot Specified
000000000000000000000000000000000000000000
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Showing 12 out of 77 entities. Get complete coverage in the full dataset.
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Verified Sources Behind Progressive’s Group Entities Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Progressive's 10-K 2024

Insights into Progressive's Group Entities Location

Tracenable's group entities dataset provides geographic insights into Progressive's significant subsidiaries, revealing their location around the world.a

In total, the Progressive group includes 77 significant subsidiaries distributed across 2 countries, illustrating the company's governance network, operational footprint, and geographical consolidation structure.a

This visualization highlights the geographical distribution of Progressive's corporate structure, helping assess its international exposure, operational reach, and cross-border governance landscape.a

How geographically diverse is Progressive's corporate structure?

In 2024, Tracenable identified that the Progressive group consisted of77 significant subsidiaries, located across 2 countries.a

This represents a focused geographic presence, reflecting the company's core operational centers or key strategic markets rather than a full view of its global entity network.a

What does the geographic footprint of Progressive reveal about its business operations?

Progressive's significant subsidiaries are primarily located in North America, which together host 100% of its material entities.a

This concentration suggests that the company's strategic and operational priorities are centered in these key markets, consistent with its focus on financially material or high-impact operations.

How transparent is Progressive about its group entities and ownership structure?

Progressive exhibits a limited level of transparency concerning its corporate ownership structure.

The disclosure covers only a small number of significant subsidiaries, typically those with material financial or operational relevance.a

Without full group hierarchy or equity details, it offers a restricted view of Progressive's broader ownership network, making it harder to assess the company's consolidated structure or cross-entity control.

Does Progressive maintain entities in low-tax or offshore jurisdictions?

Yes. Tracenable's data shows that 1 entities (1.3%) are registered in jurisdictions commonly classified as low-tax or offshore financial centers, such as Bermuda.a

This may indicate tax optimization strategies or the use of special-purpose vehicles (SPVs) within Progressive's ownership structure.