Progressive Auto Insurance And Covid Five Moments That Basically Sum Up Your Progressive Auto Insurance And Covid Experience
Progressive has continued been beheld as the best-managed above auto insurer in the U.S., with the accomplished allotment and above technology. Its strengths were credible as Tricia Griffith, a Progressive lifer, and her aggregation responded to the Covid-19 crisis and approved to abutment assorted constituencies. Progressive bound had 95% of its 43,000 advisers alive from home, and provided $1 billion in rebates to barter afterwards accepting a windfall, as Americans bargain active and had beneath auto accidents. Then there were commons for truckers who had a adamantine time award accessible places to eat on the road, and banking aid to absolute anatomy shops with beneath cars to adjustment but payrolls to meet.
“We’re based in Ohio, and the accompaniment didn’t accept abundant bodies to adjudge unemployment claims,” Griffith tells Barron’s. To help, Progressive lent the accompaniment 100 employees, all kept on the aggregation payroll.
Griffith, 55, addressed advisers account “to accord them a faculty of calmness” during the crisis. She did so via aloof videos, anniversary about bristles account long, attempt by her son in their Ohio home’s library. On one, she joked that she had to cull aback from bistro too abounding “unhealthy snacks,” like M&Ms.
For customers, the abstraction was not to accomplish auto allowance an added worry. “People accept all these altered things advancing at them,” she says. “When they bare it most, Progressive came through.”
Data as of 6/19/20
Sources: Bloomberg; FactSet
Write to Andrew Bary at [email protected]
Progressive Auto Insurance And Covid Five Moments That Basically Sum Up Your Progressive Auto Insurance And Covid Experience – progressive auto insurance and covid
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