The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

Progressive® Named to InformationWeek 500 for 13th Straight Year

<p class='bwalignc'> <b>Multi-Product Quoting earns Progressive 36</b><sup><b>th</b></sup><b> spot on list</b> </p>

Wednesday, September 12, 2012

Progressive® Named to InformationWeek 500 for 13th Straight Year11:15 EDT Wednesday, September 12, 2012 MAYFIELD VILLAGE, Ohio (Business Wire) -- InformationWeek magazine has named Progressive car insurance to its annual list of the country's most innovative users of business technology. Progressive won the spot on the InformationWeek 500 for its multi-product quoting application, which allows customers to bundle a Progressive auto quote with a partner's residency (homeowners, condo or renters) insurance quote. Progressive has made the list every year for the last 13 years and is ranked among the top 100 for 2012. “Here at Progressive we're always working to be as innovative as possible, this is another example of that by offering customers an easier and more convenient way to bundle their residency and auto policies,” said Ray Voelker, Progressive's chief information officer. “With multi-product quoting, the number of Progressive customers that bundle a residency product with their auto has increased more than fourfold.” Multi-product quoting allows customers to save money due to a multi-policy discount and also provides customer retention benefits for Progressive. With a uniformly branded application that provides a seamless user experience, this product makes it easier for new customers to bundle their home and auto policies. About Progressive Celebrating its 75th anniversary in 2012, The Progressive Group of Insurance Companies makes it easy to understand, buy, and use auto insurance. Progressive offers choices so consumers can reach it whenever, wherever, and however it's most convenient—online at progressive.com, by phone at 1-800-PROGRESSIVE, or in-person with a local agent. Progressive offers insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes. It's the fourth largest auto insurer in the country, the largest seller of motorcycle insurance, and a leader in commercial auto insurance. Progressive also offers car insurance online in Australia at http://www.progressiveonline.com.au. Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, the Snapshot Discount®, and a concierge level of claims service. The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at (NYSE:PGR). Progressive PRBecky Lamb, 440-395-1899rappled1@progressive.com