Allstate Corp-The ALL

Overview

The Allstate Corporation, a stalwart in the insurance industry, offers a broad spectrum of insurance products and services in the United States and Canada. Founded in 1931 and based in Northbrook, Illinois, Allstate operates through multiple segments: Allstate Protection, Protection Services, Allstate Health and Benefits, and Run-off Property-Liability. Allstate is renowned for its commitment to providing comprehensive insurance solutions, leveraging a wide distribution network that includes agents, call centers, online platforms, and partnerships. Through innovation and customer service, Allstate has established itself as a leading insurer, catering to the needs of diverse customers with its range of insurance and protection plans.

Products and Services

• Allstate Protection

  Offers insurance coverage for private passenger automobiles and homeowners, along with other personal and commercial lines products marketed under the Allstate and Encompass brand names. This segment covers a variety of needs, ensuring customers can find reliable protection for their most valuable assets.

• Protection Services

  Provides a suite of services including consumer product protection plans and technical support for mobile phones, consumer electronics, furniture, and appliances; vehicle-related finance and insurance products; roadside assistance services; and data analytics. This segment operates under brands such as Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection, emphasizing Allstate's expansion beyond traditional insurance into protective services that enhance customer peace of mind.

• Allstate Health and Benefits

  Focuses on life, accident, critical illness, short-term disability, and other health insurance products. It also caters to employers with stop-loss and fully insured group health products and to individuals with short-term medical and medicare supplement insurance. This segment underscores Allstate's dedication to offering comprehensive health and wellness solutions to meet the evolving needs of its clients.

• Run-off Property-Liability

  Handles the provision of property and casualty insurance. While this segment includes business that Allstate is no longer actively writing, it plays a role in the company's overall strategy by managing these legacy lines and commitments with care.