#2 Progressive: Avoiding industry traffic jams

01/09/2024 33 min

Listen "#2 Progressive: Avoiding industry traffic jams"

Episode Synopsis

Learn how Peter Lewis and the team at Progressive inverted auto insurance by prioritizing underwriting discipline over investment income, selling direct to consumers, and reversing the industry approach to distracted driving. By flipping conventional wisdom upside down, Progressive has become one of the country's leading auto insurers. At the end of the episode, I share some related questions that may help you think differently about your own business.