The Progressive Corporation (NYSE:PGR) Q4 2023 Earnings Conference Call February 27, 2024 9:30 AM ET
Company Participants
Douglas Constantine - Director of Investor Relations
Lori Niederst - Customer Relationship President
Kathryn Lemieux - Business Leader, CRM Sales Experience
Sean Freeman - Business Leader, Direct Progressive Agency Experience Team
Tricia Griffith - President & Chief Executive Officer
Pat Callahan - Personal Lines President
John Sauerland - Chief Financial Officer
Conference Call Participants
Michael Zaremski - BMO
Bob Huang - Morgan Stanley
Joshua Shanker - Bank of America
Jimmy Bhullar - JPMorgan
Robert Cox - Goldman Sachs
Elyse Greenspan - Wells Fargo
David Motemaden - Evercore ISI
Ryan Tunis - Autonomous Research
Michael Ward - Citi
Meyer Shields - KBW
Yaron Kinar - Jefferies
Michael Phillips - Oppenheimer
Douglas Constantine
Good morning, and thank you for joining us today for Progressive's Fourth Quarter Investor Event. I am Doug Constantine, Director of Investor Relations, and I will be moderator for today's event. The company will not make detailed statements related to its results in addition to those provided in its annual report on Form 10-K and the letter to shareholders, which have been posted to the company's website.
This quarter includes a presentation on a specific portion of our business, followed by a question-and-answer session with members of our leadership team. The introductory comments and the presentation were previously recorded. Upon completion of the previously recorded remarks, we used the balance of the 90 minutes scheduled for this event for live questions and answers with the leaders featured in our recorded remarks as well as other members of our management team.
As always, discussions in this event may include forward-looking statements. These statements are based on management's current expectations and are subject to many risks and uncertainties that could cause actual events and results to differ materially from those discussed during today's event.
Additional information concerning those risks and uncertainties is available in our annual report on Form 10-K for the year ended December 31, 2023, where you will find discussions of the risk factors affecting our businesses, safe harbor statements related to forward-looking statements and other discussions of the challenges we face. These documents can be found via the Investor Relations section of our website at investors.progressive.com.
To begin today, I am pleased to introduce our Customer Relationship President, Lori Niederst, who will kick us off with some introductory comments. Lori?
Lori Niederst