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Progressive
Progressive is an SEC-registered investment adviser in LAKE OSWEGO, OR, registered since 1988. The firm manages approximately $758 million in regulatory...
Progressive
Progressive is an SEC-registered investment adviser in LAKE OSWEGO, OR, registered since 1988. The firm manages approximately $758 million in regulatory assets. It has 8 employees and 4 investment advisers.
General information
Firm type
Insurance
Year founded
1937
Location
Region
North America
Country
United States
City
Lake Oswego
Corporate office
300 North Commons Blvd, Mayfield Village, OH 44143
Additional offices
Highland Heights, OH · Austin, TX · Colorado Springs, CO
Principals
Tricia Griffith
President and Chief Executive Officer
Lawton W. Fitt
Chairperson of the Board
John P. Sauerland
Vice President and Chief Financial Officer
Sector focus
Frequently asked questions
How does Progressive generate the capital it deploys as an investor?
Progressive generates its investment capital primarily through underwriting profits and policyholder premiums, or "float." The firm wrote $74.4 billion in net written premium in 2024, serving over 35 million policies. This insurance float forms the base of assets available for investment across public and private markets.
What types of assets does Progressive hold in its investment portfolio?
Progressive allocates across a traditional insurance-company mix that includes fixed-income securities, public equities, private credit, and real estate. The firm owns multiple corporate campuses in Ohio, Texas, and Colorado as part of its direct real estate holdings. It also holds the Progressive Art Collection, a corporate asset installed across its offices.
Who makes investment decisions at Progressive?
Investment oversight ultimately falls to the CEO and CFO. Tricia Griffith serves as President and CEO, and John P. Sauerland holds the role of CFO. Progressive does not disclose a standalone chief investment officer as a named principal.
What staged investment activity does Progressive pursue?
Progressive does not operate as a venture-capital or growth-equity stage investor. Its deployment focuses on asset classes typical of a large, liquid insurance portfolio — fixed income, credit, real estate, and public equities — rather than early- or late-stage company funding rounds.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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