The Allstate Corporation (ALL-PJ) NYSE

Currency In USD

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The Allstate Corporation

Address

2775 Sanders Road

Northbrook, IL 60062

United States of America (the)

Phone

800-574-3553

Sector

Financial Services

Industry

Insurance - Property & Casualty

Employees

53300

First IPO Date

May 16, 2023

Key Executives

NameTitlePayYear Born
Thomas Joseph WilsonChairman of the Board, President & Chief Executive Officer7.5M1958
Zulfikar JeevanjeeExecutive VP, Chief Information Officer & Chief Information Security Officer of AIC1.86M1965
Andrea CarterChief Human Resources Officer & Executive Vice President2.05M1970
Christine Marie DeBiaseEVP, Chief Legal Officer & General Counsel2.86M1969
Mario RizzoExecutive VP & COO3.13M1968
Jesse Edward MertenExecutive VP & President of Property-Liability3.16M1975
John Edward DugenskePresident of Investments & Corporate Strategy3.6M1967
Christian LownExecutive Vice President & Chief Financial Officer3.87M1970
Allister GobinHead of Investor Relations0N/A
Eric Kyle FerrenSenior Vice President, Controller & Chief Accounting Officer01974
John Charles PintozziSenior Vice President of Accounting Special Projects01966
Michael Ross FiatoExecutive Vice President & Chief Claims Officer0N/A
Brent VandermauseHead of Investor Relations0N/A
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Description

The Allstate Corporation, along with its various affiliates, delivers a range of property, casualty, and other insurance solutions across both the United States and Canada. The enterprise operates through four primary divisions: Allstate Protection; Protection Services; Allstate Health and Benefits; and a Run-off Property-Liability segment. The Allstate Protection division primarily focuses on core insurance offerings, including policies for private automobiles and homes, along with a suite of other personal lines and commercial products. These are offered under well-known brand names such as Allstate and Encompass. The Protection Services segment encompasses a diverse portfolio of non-insurance services. This includes comprehensive protection plans and technical assistance for consumer goods like mobile phones, electronics, furniture, and appliances. It also provides financial and insurance products for vehicles, such as service contracts, guaranteed asset protection (GAP) waivers, and coverage for road hazards, paint, and fabric. Furthermore, this segment delivers roadside assistance (towing, jump-starts, lockouts, fuel delivery, tire changes), device and mobile data collection, analytical insights derived from automotive telematics, and identity theft protection. Its broad array of services is marketed under multiple brands, including Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, Avail, and Allstate Identity Protection. Within the Allstate Health and Benefits division, the company offers a variety of life and health-related insurance products. These span life insurance, accident coverage, critical illness policies, short-term disability plans, and other health benefits. It also provides stop-loss and fully insured group health plans to employers, alongside short-term medical and Medicare supplement insurance options for individuals. Finally, the Run-off Property-Liability segment manages existing property and casualty insurance liabilities. To reach its clientele, the company utilizes a broad spectrum of distribution channels. These include captive agents, independent agents, call centers, retail partners, voluntary benefits brokers, strategic alliances, financial advisors, wholesale partners, affinity groups, and direct sales through online platforms and mobile applications. Established in 1931, Allstate Corporation maintains its corporate headquarters in Northbrook, Illinois.

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