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List of Progressive Insurance's Acquisitions

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Progressive Insurance has made a total of 3 acquisitions. These transactions span 3 unique sectors: Insurance Carriers, Insurance Distribution, and Asset Management, across 2 countries: United States and China. Peak acquisition activity occurred in 1997 and 2021, with 1 acquisition in each year. The average number of acquisitions per year for the 2020–2025 period is 0.2, and 0 acquisitions have been completed so far this year. In February 2021, the firm acquired Protective Insurance Company. Founded in 1954 and based in Carmel, the company provides transportation and worker's compensation insurance, loss prevention, and claims management services.

Recent acquisitions by Progressive Insurance

Progressive Insurance's most recent acquisition - Protective Insurance Company is a Transportation and worker's compensation insurance solutions, loss prevention, and claims management, founded in 1954 and located in Carmel. Progressive Insurance acquired it in February 2021 for a price of $*****.

Here is the list of all acquisitions by Progressive Insurance sorted by the latest acquisition date:

Acquired on
Acquired Company
Acquisition Price
Facilitators
Stake Acquired
Acquisition Multiple
Feb 16, 2021
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452
Mar 07, 1997
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News related to Progressive Insurance's acquisitions

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Media has covered Progressive Insurance for a total of 103 events in the last 1 year, 7 of them have been about acquisition activity.

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FAQs about Acquisitions by Progressive Insurance

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