The following items are considered a Conflict of Interest under Progressive's Code of Business Conduct and Ethics. Violation of such policies by any employee will result in the appropriate disciplinary action up to and including termination. Please speak to your Progressive recruiter if you have any questions regarding these policies.
Conflict of Interest Policy
UNDER NO CIRCUMSTANCES MAY A PROGRESSIVE EMPLOYEE PURCHASE OR POSSESS SALVAGE EITHER DIRECTLY OR INDIRECTLY.
UNDER NO CIRCUMSTANCES MAY A PROGRESSIVE EMPLOYEE BECOME INVOLVED IN AN INSURANCE SALVAGE TRANSACTION ON BEHALF OF OR IN CONJUNCTION WITH ANY OTHER PERSON, INCLUDING A RELATIVE OR PROGRESSIVE EMPLOYEE.
Any reduction in the sales price to benefit the purchaser is also prohibited. "Salvage" refers to a complete vehicle (including watercraft, RVs and motorcycles) or major components or equipment of a vehicle that had been processed as a total loss or sold as salvage by any insurance company. This prohibition is not intended to prevent the occasional purchase of a used part for a personal vehicle, provided the insurance company that handled the salvage was not reasonably apparent to any potential purchaser of the part.
The following behavior is also considered a conflict of interest, and is prohibited: Soliciting a gift or favor from any vendor or other person or entity that does or proposes to do business with Progressive; receiving any kickback, bribe or other inducement of money, property, services or other favors from current or potential vendors; and, accepting gifts, entertainment or favors from vendors unless it does not exceed $75 in value, is occasional in nature and is promptly disclosed to your supervisor. General Managers and Executive Team members may also grant an exception in an appropriate case.