The Allstate Corp - Company Profile
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The Allstate Corp (Allstate) is a provider of insurance products. The company primarily engages in providing auto, homeowners, and other personal lines insurance, along with consumer product protection plans and select commercial property and casualty coverages. The company's products and services cater to individual consumers and businesses, offering protection solutions across various sectors. Allstate distributes its products through exclusive agents, independent agents, contact centers, and online platforms. The company operates primarily in the US and Canada, with additional services offered in Europe and Asia. Allstate is headquartered in Northbrook, Illinois, the US.
The Allstate Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Private Passenger Auto Insurance | Financial Planning and Advisory Services | Arity |
| Homeowners Insurance | Retirement Planning and Advisory Services | Allstate |
| Other Personal Lines Insurance | Roadside Assistance Services | National General |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In July, the company sold Direct General Life Insurance Company, NSM Sales Corporation, and Association Benefits Solution, LLC to Nationwide Life Insurance Company. |
| 2025 | Divestiture | In April, the company divested its Employer Voluntary Benefits Division to StanCorp Financial Group, Inc, for US$2 billion. |
| 2024 | Acquisitions/Mergers/Takeovers | In October, Allstate Protection Plans acquired Kingfisher, an electronics lifecycle optimization company. |
Competitor Comparison
| Key Parameters | The Allstate Corp | The Progressive Corp | State Farm Mutual Automobile Insurance Co | Liberty Mutual Holding Company Inc | The Travelers Companies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Northbrook | Mayfield Village | Bloomington | Boston | Saint Paul |
| State/Province | Illinois | Ohio | Illinois | Massachusetts | Minnesota |
| No. of Employees | 53,000 | 70,000 | 67,000 | 40,000 | 34,000 |
| Entity Type | Public | Public | Private | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas J. Wilson | Chairman; Chief Executive Officer; President | Executive Board | 2018 | 68 |
| Christine M. DeBiase | Chief Legal Officer - Allstate Insurance Company; Chief Legal Officer; Executive Vice President - Allstate Insurance Company; Executive Vice President; General Counsel - Allstate Insurance Company; General Counsel | Senior Management | 2024 | 57 |
| Elizabeth A. Brady | Chief Marketing, Customer and Communications Officer - Allstate Insurance Company; Executive Vice President - Allstate Insurance Company | Senior Management | 2020 | 61 |
| Mark Q. Prindiville | Chief Risk Officer - Allstate Insurance Company; Executive Vice President - Allstate Insurance Company | Senior Management | 2020 | 58 |
| Zulfi Jeevanjee | Chief Information Officer - Allstate Insurance Company; Chief Information Officer - Allstate Technology Solutions; Executive Vice President - Allstate Insurance Company; Executive Vice President - Allstate Technology Solutions | Senior Management | 2022 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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