Progressive Names Steve Broz Chief Information Officer

Financial Release

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January 29, 2016 at 8:38 AM EST
Progressive Names Steve Broz Chief Information Officer
MAYFIELD VILLAGE, OHIO - January 29, 2016 - The Progressive Corporation (PGR) today announced Steve Broz as its new Chief Information Officer following the previously announced retirement of Ray Voelker. Voelker retired after 30 years at Progressive, including 15 as Chief Information Officer.

Broz was as a key member of Voelker`s senior leadership team heading up the technology group`s Enterprise Project Management Office. During his 15 years at Progressive, Broz also has spent time in Customer Experience, Claims Process and Personal Lines.

"I want to thank Ray for his exemplary leadership during his 30 years with Progressive. He was a valuable member of my team and helped Progressive transform many of the ways we offer insurance and connect with our customers," said Glenn Renwick, Chairman of the Board, President and CEO of Progressive. "Throughout his tenure at Progressive, Steve has consistently shown the type of leadership, values and intellect that will enable him to effectively lead our IT organization and continue to execute our agenda of becoming consumers` number one choice for insurance. I am delighted to have him join our Senior Leadership Team."

Steve received his bachelor`s degree from Princeton University and his master`s from the Darden Graduate School of Business Administration at The University of Virginia.

About Progressive
The Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach it whenever, wherever and however it`s most convenient-online at http://www.progressive.com, by phone at 1-800-PROGRESSIVE, on a mobile device or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes. Home insurance is underwritten by select carriers, including our majority-owned subsidiary, American Strategic Insurance (ASI).

Progressive is the fourth largest auto insurer in the country; a leading seller of motorcycle and commercial auto insurance; and through ASI, one of the top 20 homeowners carriers. Progressive also offers car insurance online in Australia at http://www.progressiveonline.com.au.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot® and Service Centers.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.

Investor Contact:
Julia Hornack
(440) 395-2164

Media Contact:
Jeff Sibel
(440) 395-0803

The Progressive Corporation
6300 Wilson Mills Road
Mayfield Village, Ohio 44143
http://www.progressive.com