The Allstate Corporation · Northbrook, IL United States · (NYSE: ALL)
Company Description
Phone: 847-402-5000
Fax: 847-326-7519
Rankings
- #490 in FT Global 500
- #81 in FORTUNE 500
- S&P 500
More Companies in: Northbrook, Illinois
View The Allstate Corporation Locations On A US Map
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This link will open in a new window Ya gotta hand it to Allstate. The "good hands" company is the second-largest US personal lines insurer, behind rival State Farm . The company's Allstate Protection segment sells auto, homeowners, property/casualty, and life insurance products in Canada and the US. Allstate Financial provides life insurance through subsidiaries Allstate Life, American Heritage Life , and Lincoln Benefit Life . It also provides investment products, targeting affluent and middle-income consumers. Allstate Motor Club provides emergency road service and, adding to its repertoire, the company also offers the nationwide online Allstate Bank . To read the full description, subscribe now.
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Key The Allstate Corporation Financials
| Company Type | Public - NYSE: ALL Headquarters |
| Fiscal Year-End | December |
| 2009 Employees | 36,800 |
The Allstate Corporation Executives
102 executives listed for The Allstate Corporation's Northbrook, IL location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Thomas Wilson | |
| SVP and CFO | Don Civgin | |
| SVP and CIO, Allstate Insurance | Catherine Brune |
Competition
Competitive Landscape for The Allstate Corporation
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top The Allstate Corporation Competitors
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