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The Progressive Corporation (PGR) CEO Tricia Griffith on Q1 2022 Results - Earnings Call Transcript

May 03, 2022 3:00 PM ETThe Progressive Corporation (PGR)
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The Progressive Corporation (NYSE:PGR) Q1 2022 Earnings Conference Call May 3, 2022 9:30 AM ET

Company Participants

Tricia Griffith – President and Chief Executive Officer

Doug Constantine – Director of Investor Relations

Pat Callahan – President of Personal Lines

Conference Call Participants

Jimmy Bhullar – JPMorgan

Andrew Kligerman – Credit Suisse

Elyse Greenspan – Wells Fargo

Michael Phillips – Morgan Stanley

Gary Ransom – Dowling & Partners

Joshua Shanker – Bank of America

Greg Peters – Raymond James

David Motemaden – Evercore ISI

Yaron Kinar – Jefferies

Tracy Benguigui – Barclays

Brian Meredith – UBS

Alex Scott – Goldman Sachs

Meyer Shields – Keefe, Bruyette & Woods, Inc.

Ryan Tunis – Autonomous Research


Welcome to the Progressive Corporation's First Quarter Investor Event. The company will not make detailed comments related to quarterly results in addition to those provided in its quarterly report on Form 10-Q and the letter to shareholders, which have been posted on the company's website, although our CEO Tricia Griffith will make a brief statement. The company will then use the remainder of the events to respond to questions. Action is moderation for the event will be Progressive Director of Investor Relations Doug Constantine. At this time, I will turn the event over to Mr. Constantine.

Doug Constantine

Thank you, Emily, and good morning. Although our Quarterly Investor Relations events often include a presentation on a specific portion of our business, we will instead use the 60-minute schedule for today's event for introductory comments by our CEO and a question-and-answer session with members of our leadership team. Questions can only be asked by telephone dial-in participants. The dial-in instructions maybe be found at investors. Progressive. com/events. As always, discussions in this event may include forward-looking statements.

These statements are based on management's current expectations and are

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