Top Commercial Insurer Announced
Aug. 4, 2016—Progressive was named the top commercial auto insurer of 2015, according to data from SNL Financial.
SNL Financial releases the Commercial Auto Competitor Report every year, which ranks the country’s top 50 commercial auto insurers by U.S. written premium. Progressive went from the No. 4 writer of commercial to the No. 1 spot in a span of five years due to continued growth in all of their business market segments, most notably for their “for-hire” segments, which include long-haul and specialty trucking risks.
"While earning the No. 1 ranking was never our goal, this milestone is a collective achievement that we attribute to the hard work and dedication of our Progressive employees and independent agents," said John Barbagallo, president, Progressive's Commercial Lines."We look forward to continued growth by doing what got us here—taking the time to fully understand our customers' needs and providing them with the right coverage, at the right price, with service they can depend on. That includes looking at how to best service our current book of business as well as expanding to new and evolving commercial auto markets."