Progressive Insurance has been named to Information Week magazine’s annual list of the most innovative users of business technology in the United States.
The insurer, known for low rates and catchy commercials, won the spot after developing a method of integrating its systems with those of other companies, in order to expand product offerings beyond automobile insurance, to things like homeowners coverage. It also makes it simpler for partner companies to offer Progressive insurance products to their customers.
According to Ray Voelker, Progressive’s chief information officer, “This is an example of Progressive IT working hand-in-hand with the business to help it grow. For example, we’re now attracting new customers who might not have chosen us if we hadn’t been able to offer them both auto and homeowners insurance together. We can also use this ability to integrate our systems with those of other companies to offer our car insurance products to their customers.”