Mergers & Acquisitions

A. In a full book sale, the Buyer purchases all policies within the agent code. In a partial book sale, the Buyer purchases only a portion of the policies under the agent code.

A. If your request does not include a change of ownership, please email your request to the merger team at mergerteam@progressive.com. We'll contact you to gather specific details and advise you of next steps.

A. Below is an overview of the common types of mergers.

FULL BOOK Merger- Buying or selling the entire book of Progressive policies.

PARTIAL BOOK Merger- Buying or Selling specific policies limited to a portion of the Progressive book of business.

Merger resulting from STOCK SALE- A purchase of the selling shareholders' stock directly, thereby obtaining ownership in the seller's legal entity.

Merger resulting from DIVORCE- A Progressive book of business that is awarded to an individual from the proceedings of a divorce, resulting in a change of ownership.

Merger resulting from DEATH- Ownership has changed due to the death of the business entity owner.

A. Please contact your Progressive Account Sales Representative for assistance.

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Mergers & Acquisition FAQs