Auto Insurance - Publications - Faculty & Research

May 1997 (Revised May 1998)
Case

Progressive Corporation

By: Michael E. Porter and Nicolaj Siggelkow

Progressive is a leader in providing nonstandard (high-risk) automobile insurance to drivers across America, with a long record of extraordinary profitability. Progressive is facing a challenge in its segment from Allstate, the industry leader, and must decide how to... View Details

Keywords: Insurance; Business or Company Management; Growth and Development Strategy; Growth Management; Planning; Business Strategy; Competition; Competitive Strategy; Auto Industry; Auto Industry; United States

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April 1975 (Revised December 1975)
Case

Sorensen Chevrolet File, The

Concerns the settlement of an automobile insurance claim. A woman, blinded in an accident, alleges that approximate cause of the accident was failure by Sorensen Chevrolet to connect the left headlight of her car. The student is asked for a strategy for settling the... View Details

Keywords: Strategy; Negotiation; Insurance; Lawsuits and Litigation; Legal Liability; Insurance Industry; Insurance Industry

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05 Sep 2006
First Look

First Look: September 5, 2006

Gary Kusumi is considering. GMAC Insurance, the wholly-owned auto insurance subsidiary of General Motors, formed through the merger of two smaller insurance firms, is at a... View Details

Keywords: Sean Silverthorne

03 Feb 2015
First Look

First Look: February 3

of undermining HomeAway's existing business. Purchase this case: https://cb.hbsp.harvard.edu/cbmp/product/615036-PDF-ENG Harvard Business School Case 715-427 Progressive, 2007-2013 In 2013, Progressive was the fourth largest player in the View Details

Keywords: Sean Silverthorne

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Social Enterprise | Harvard Business School

Roth and Nicole Tempest Keller In 2017, Core Innovation Capital invested $725,000 in Hugo Insurance, a pay-as-you-drive auto insurance startup targeting the non-standard market. Core followed with $300,000... View Details

December 2012
Article

Grand Innovation Prizes: A Theoretical, Normative, and Empirical Evaluation

By: Alan MacCormack, Fiona Murray, Scott Stern and Georgina Campbell

This paper provides a systematic examination of the use of a Grand Innovation Prize (GIP) in action—the Progressive Automotive Insurance X PRIZE—a $10 million prize for a highly efficient vehicle. Following a mechanism design approach we define three key dimensions for... View Details

Keywords: Design; Motivation and Incentives; Goals and Objectives; Performance; Auto Industry

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Great American Business Leaders of the 20th Century - Leadership

Corporation, 1975–2000 Edward G. Budd E. G. Budd Company, 1912–1946 Ralph Budd Great Northern Railroad, 1919–1932 Herbert P. Buetow Minnesota Mining and Manufacturing, 1953–1963 Warren E. Buffett Berkshire Hathaway, 1969–Present Morgan G. Bulkeley Aetna Life View Details

01 Nov 2017
What Do You Think?

What Are the Real Lessons of the Wells Fargo Case?

everything, you’re likely to find something additional.” Other events were proving Buffett to be right. It was disclosed this past July that an insurance company with which Wells Fargo had a contractual relationship had, over a period of... View Details

Keywords: by James Heskett; Banking

15 May 2024
Research & Ideas

A Major Roadblock for Autonomous Cars: Motorists Believe They Drive Better

‘guardian and ‘chauffeur.’ While the first connotes safety, the second conveys the idea that you can sit back and relax while the vehicle drives you around. Our results suggest the second label may leverage more persuasive benefits.” 2. Provide incentives, like View Details

Keywords: by Rachel Layne; Auto; Auto

30 Apr 2024
Book

When Managers Set Unrealistic Expectations, Employees Cut Ethical Corners

school, for example, I had been asked to research insurance coverage for a raft of lawsuits being brought against Johns-Manville Corporation for injuries and deaths from exposure to asbestos. At the time, Johns-Manville was the leading... View Details

Keywords: by Dina Gerdeman

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Podcast - Business & Environment

frameworks and roadmaps recently developed by governments, civil society, and private companies to help provide clarity and guidance on the steps necessary for more resilient companies and societies. For notes and resources visit; climaterising.org How View Details

11 May 2016
Research & Ideas

Fix This! Why is it so Painful to Buy a New Car?

1989 about service in the auto industry, Ford Motor Co.: Dealer Sales and Service, puts it best: “Nothing much has changed over 25 years. The experience is still generally awful.” Sure, there have been pockets of customer-service... View Details

Keywords: by Sean Silverthorne; Auto

27 Apr 2016
Research & Ideas

How the FBI Reinvented Itself After 9/11

transportation needs). “There’s no feeling of ownership surrounding cars anymore,” says Gulati, who meets regularly with Big Three auto manufacturer executives. “Millennials don’t feel like they need to own a car because they have Zipcar... View Details

Keywords: by Carmen Nobel

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The 20th Century Zeitgeist - Leadership

steam engine, electricity, and openhearth furnace allows businesses to expand nationwide Influence: Medium 10 1910 s 19 First widespread use of auto assembly line Self-starter increases popularity of automobile Influence: Medium-High 20... View Details

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Globalization - Faculty & Research

Insurance in Brazil By: Paula Rettl 2025 | Working Paper | Faculty Research How does economic globalization affect vote choices? Conventional wisdom holds that voters who lose from economic integration support parties that propose... View Details

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Winners & Runners-Up | New Venture Competition

Insurance offers American drivers a new choice in auto insurance. YouTea! Alex Herzlinger Tina Wu Nimmi Roche Ashkan Kamali Business Track Runner-Up YouTea! delivers an over the counter solution to a... View Details

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Request more information | HBS Courses | HBS Online

Aerospace/Defense Agriculture Auto Communications E-Commerce E-Education Energy Entertainment Financial Services Food/Beverage Health/Medical Hospitality Insurance Manufacturing Non-Profit Pharmaceuticals... View Details

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Charts & Statistics - Leadership

250 million to 281 million Influence: Medium-High 1900 s 19 Model T Plastic Safety razor Widespread use of steam engine, electricity, and openhearth furnace allows businesses to expand nationwide Influence: Medium 10 1910 s 19 First widespread use of View Details

12 Nov 2021
News

Alumni Business Leaders on Confronting the Climate Change Challenge

numerous undertakings to roll out no- or low-emission products and processes in multiple sectors. Hence, the major auto producers, globally, have announced commitments to phase out production of new internal combustion engines by 2035 to... View Details

September 2013 (Revised August 2015)
Background Note

Leadership and Teaming

By: Ethan Bernstein

Small differences in the leadership of teams can have large consequences for the success of their efforts. Many initiatives fail not because of a fatal error in judgment or insufficient ideas, knowledge, motivation, or capabilities to deliver a solution. They fail... View Details

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Progressive Corporation

Sorensen Chevrolet File, The

First Look: September 5, 2006

First Look: February 3

Social Enterprise | Harvard Business School

Grand Innovation Prizes: A Theoretical, Normative, and Empirical Evaluation

Great American Business Leaders of the 20th Century - Leadership

What Are the Real Lessons of the Wells Fargo Case?

A Major Roadblock for Autonomous Cars: Motorists Believe They Drive Better

When Managers Set Unrealistic Expectations, Employees Cut Ethical Corners

Podcast - Business & Environment

Fix This! Why is it so Painful to Buy a New Car?

How the FBI Reinvented Itself After 9/11

The 20th Century Zeitgeist - Leadership

Globalization - Faculty & Research

Winners & Runners-Up | New Venture Competition

Request more information | HBS Courses | HBS Online

Charts & Statistics - Leadership

Alumni Business Leaders on Confronting the Climate Change Challenge

Leadership and Teaming