Allstate

Allstate is involved in personal lines insurance including Auto insurance, Home Insurance, Life Insurance etc. The history of Allstate:

The Allstate Corporation is based in Northbrook, Illinois, USA.

Allstate has specific mission in insurance business. The slogan of the company is “You’re In Good Hands With Allstate”. The Allstate Mission Statement:

“To be the best…serving our customers by providing peace of mind and enriching their quality of life through our partnership in the management of the risks they face.”

Allstate has 13 major lines of Insurance and other businesses. The businesses of Allstate are:

• Auto Insurance
• Home Insurance
• Life Insurance
• Savings and Banking
• Business Insurance
• Allstate Motor Club Membership
• Flood Insurance
• Boat Insurance
• Motor Home Insurance
• RV Road help Plan
• Financial Products
• Special Insurance Products
• Education Savings
• IRA’s
• Mutual Funds
• Supplemental Health Insurance
• Annuities

Key Statistics:

• Allstate holds assets of $156 billion.
• Allstate has made profits of $1,765 millions in 2006.
• Allstate operates in USA.
• The Allstate Corporation encompasses nearly 70,000 employees.

The organization of Allstate has exemplary corporate governance program. Allstate embraces diversity having diverse employees, communities and customers. Allstate is controlled by:

• Management
• Board of Directors
• Committees—
  • Audit Committee
  • Compensation and Succession Committee
  • Nominating and Governance Committee

International Ranking:

• Allstate ranks 160 in the world according to Fortune Global 500 rankings.
• The Forbes Magazine has ranked Allstate 111 in the world.

All the different insurance operations are controlled by separate entities which are all subsidiaries of Allstate Insurance Company. For example, Allstate Life Insurance Company is a subsidiary of Allstate Insurance Company.

Headquarter Address:

2775 Sanders Road
Northbrook, Illinois 60062
847-402-5000
USA

Website URL: www.allstate.com