The Allstate Corporation is a Fortune 100 company and is considered as the largest publicly held personal lines insurer in the US. Allstate sells thirteen major lines of insurance like
• Auto Insurance
• Motorcycle Insurance
• Home Insurance
• Business Insurance
• Boat Insurance
• Condo Insurance
• Life Insurance and Retirement
• Allstate Bank
• Motor Home Insurance
• Allstate Motor club and others
The Allstate Corporation has $156.4 billion in assets. It was founded in 1931 as part of Sears, Roebuck and Company and grew in leaps and bounds. In 1993 it became a publicly traded company. The Allstate Corporation has more than 70,000 professionals, out of which 59.1 per cent are women. They take great care of their workforce and look after them very well.
Allstate has 14,900 agencies and financial representatives in the United States and Canada. Customers can contact Allstate for products and services through their agencies all over the United States. The Allstate Financial Group provides Life Insurance, supplemental accident and health insurance, annuity, banking and retirement products especially for individual institutional and worksite customers. Besides regular agencies they also have independent agencies, financial institutions and broker-dealers.
Approximately seventeen million households are covered by Allstate Insurance which protects what they have today and prepare for a better tomorrow. Allstate is committed to serving customers anywhere they choose to be, at any time and in the manner they want to be served. Their motto is ‘You are in good hands.’ Even their ad campaigns stress on this and it is their slogan.
Allstate has an exemplary governance program. They have high ethical standards and strong principles. They have diversity in all that they do, including the employees, agents and customers. They have sound business sense, which can be seen from the progress they have made. They believe in encouraging individual accountability, innovative thinking, continuous improvement and learning for all their employees.
The workplace has an environment that is challenging, collaborative and fast paced. They aim at providing challenging and meaningful work. The workplace is conducive to good performance and is enjoyable for the employees. They offer their employees a comprehensive total compensation package.
The Allstate Corporation likes to be associated with sports and other activities. It sponsors sporting events like Allstate Sugar Bowl, the Allstate 400 at Brickyard NASCAR race and the United States Olympic Committee and several others.
Allstate believes that business is a part of society and not apart from society. They take their responsibilities seriously. They engage people with honesty, care and integrity. They help communities throughout the United States through their volunteer committees, corporate and employee giving programs and Allstate Foundation grants. They have a passion to ensure positive change in the county in their industry and society.
They have regional offices in almost every state of the US. Main offices are at Rancho Cordova in California, Fairfax Virginia, St Petersburg in Florida, Bridgewater in New Jersey, New York, Pennsylvania, Michigan, Atlanta, Georgia, Phoenix, Arizona, Texas, Colorado and many other places