2013 Winner Profile

The Progressive Group of Insurance Companies

Project Description:
Progressive is the leader in usage-based insurance, which takes into account the relative safety of an individual driver and how much he or she drives. Progressive's Snapshot product lets users plug a small device into the on-board diagnostic outlet in their cars for a 30-day trial. Using Progressive's patented data-collection software, the device records the amount driven and number of hard brakes to determine whether the user is entitled to a discount of up to 30 percent. Drivers who are not Progressive customers can use the device for 30 days to learn whether they'd be eligible for a discount. The 30-day trial is a competitive tool Progressive-certified agents can use with customers of other insurers. And identifying safer drivers gives the company higher-value policies overall.
Project type:
Enterprise Architecture, Mobile or Wireless
Business Functions:
Research & Development, Marketing, Sales
Business Goal:
Strategic Impact or Competitive Advantage
CIO:
Raymond Voelker, CIO
CEO:
Glenn Renwick, CEO
Headquarters:
Mayfield Village, Ohio
Industry:
Insurance
Revenue (2012):
$16.802099600000002 billion
Website:
www.progressive.com
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