# Progressive

Progressive is an Insurance based in Lake Oswego, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Lake Oswego, United States
- **Region:** North America
- **Address:** 300 North Commons Blvd, Mayfield Village, OH 44143
- **Founded:** 1937
- **Assets under management:** Undisclosed
- **Website:** www.progressive.com
- **LinkedIn:** https://www.linkedin.com/company/progressive-insurance
- **Wikidata:** Q7248721

## About

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.

## Sectors

- Real Estate
- Private Credit

## Offices

- Highland Heights, OH
- Austin, TX
- Colorado Springs, CO

## People

- Tricia Griffith — President and Chief Executive Officer
- Lawton W. Fitt — Chairperson of the Board
- John P. Sauerland — Vice President and Chief Financial Officer

## 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.

## Related profiles

- [Progression Fund](https://altss.com/profile/progression-fund)
- [Progress Tech Transfer](https://altss.com/profile/progress-tech-transfer)

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Last updated: 2026-06-03T20:00:00.000Z

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