Insurance - Property & Casualty
Industry
|
Financial Services
Sector
|
Mr. Thomas Joseph Wilson II
CEO
|
NYSE
Exchange
|
US0200021014
ISIN
|
United States
Country
|
53,000
Employees
|
31 May 2024
Last Dividend
|
-
Last Split
|
2 Jun 1993
IPO Date
|
The Allstate Corporation, a prominent entity in the insurance industry, operates primarily in the United States and Canada. Its foundation dates back to 1931, with its headquarters stationed in Northbrook, Illinois. The corporation, along with its subsidiaries, is engaged in offering a comprehensive suite of insurance products that span across various domains including property and casualty, health and benefits, and other related services. The company's operations are streamlined into five strategic segments: Allstate Protection; Protection Services; Allstate Health and Benefits; Run-off Property-Liability; and Corporate and Other. Each segment caters to specific customer needs leveraging a multi-channel distribution network that encompasses agents, contact centers, online platforms, retailers, and more, aimed at delivering value and convenience to its customers.
The Allstate Corporation’s diverse portfolio is segmented as follows:
Overall, The Allstate Corporation’s vast array of products and services are designed to meet the evolving needs of its customers, facilitated through a broad distribution network including agents, independent agents, call and contact centers, retailers, direct-to-consumer channels, wholesale partners, and affinity groups, supported further by online and mobile application platforms.