Progressive is an Internet only, low cost insurer for Australian motorists.
Progressive is a new kind of car insurance company for Australia. Launched in 2009, we offer our customers an alternative to traditional car insurance that can save them money and reduce the time and stress of car insurance. By buying and administering their policy 100% online, our customers are able to access a low cost car insurance policy that does not compromise on cover or claims delivery, and offers the convenience of having unrestricted access to their own online car insurance account.
Key Facts About Progressive in Australia
- Launched in 2009
- Famous for our unique multi-car policies
- We offer customers a paperless car insurance policy, managed from their own Progressive online account
- As of 31 December 2015, our capital base was $22,621,000, our prescribed capital amount was $9,934,000, and our capital adequacy multiple was 2.28.
- Progressive policies are administered by PD Insurance Agency Pty Ltd (ABN 28 615 752 193) as an Authorised Representative (AR. No. 001249827) of the insurer, Progressive Direct Insurance Company (ARBN 140 389 528 AFSL No. 342 902).
- Headquartered in Melbourne, Progressive provides customer service through online communication from our website (see Contact Us), and have a dedicated claims team available 24 hours per day every day