Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers


Progressive Insurance

The Project: Overhaul Web site so independent agents can obtain quotes and complete new policy applications online.

The Payoff: The 30,000 agents now process transactions 40% faster than before. That boosts their volume, keeping them loyal.

When it comes to technology, Progressive Corp. (PGR) lives up to its name. The insurer has applied rush-to-the-barricades fervor to a Web site it created for agents in 1996, enabling them to work faster and process more claims. This year, Progressive updated the site so its 30,000 agents can obtain a quote or process an application for a new policy entirely online. The Web also helps Progressive hammer down costs. Expenses run to about 20% of revenue, compared with an industry average of 23% to 25%. Revenues have increased 20% annually since the company launched the Web site, well ahead of the industry-average 5%. That's proof enough that it pays to stay ahead of the tech curve. By Roger O. Crockett

blog comments powered by Disqus