OverviewSuggest Edit

Allstate is a company operating as a personal lines property and casualty insurer. It operates across 7 segments: Allstate Protection, Service Businesses, Allstate Life, Allstate Benefits, Allstate Annuities, Discontinued Lines and Coverages, and Corporate and Other. The Allstate Protection segment offers private passenger auto, homeowners, other personal lines, and commercial insurance through agencies, contact centers, and online. The Service Businesses segment includes Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside Services, Arity, and Allstate Identity Protection. The Allstate Life segment provides traditional, interest-sensitive, and variable life insurance products. The Allstate Benefits segment offers voluntary benefits products, including life, accident, critical illness, short-term disability, and other health insurance products. The Allstate Annuities segment consists of deferred fixed annuities and immediate fixed annuities (including standard and sub-standard structured settlements) in run-off. The Discontinued Lines and Coverages кelates to property and casualty insurance policies written during the 1960's through the mid-1980's with exposure to asbestos, environmentalб and other claims in run-off. The Corporate and Other segment includes holding company activities and certain non-insurance operations.
TypePublic
Founded1931
HQNorthbrook, US
Websiteallstate.com

Locations

Allstate is headquartered in
Northbrook, United States

Location Map

Latest Updates

Employees (est.) (Dec 2019)45,780(+2%)
Job Openings851
Revenue (FY, 2019)$44.7 B(+13%)
Share Price (Oct 2020)$91.7
Cybersecurity ratingBMore

Key People/Management at Allstate

Tom Wilson

Tom Wilson

Chair, President and Chief Executive Officer the Allstate Corporation
Steven E. Shebik

Steven E. Shebik

Vice Chair, the Allstate Corporation Chief Executive Officer, Allstate Life Insurance Company
Don Civgin

Don Civgin

CEO, Allstate Protection Products and Services
Julie Parsons

Julie Parsons

Chief Operating Officer, Personal Property-Liability
John O'Donnell

John O'Donnell

President, Western Territory
John Dugenske

John Dugenske

President, Investments and Financial Products
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Allstate Office Locations

Allstate has offices in Northbrook, Naperville, San Francisco, Bridgewater Township and in 19 other locations
Northbrook, US (HQ)
2775 Sanders Rd
Naperville, US
2012 Corporate Ln #108
San Francisco, US
San Francisco
Show all (24)

Allstate Financials and Metrics

Allstate Revenue

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Allstate's revenue was reported to be $44.68 b in FY, 2019 which is a 12.2% increase from the previous period.
USD

Revenue (Q2, 2020)

11.2b

Net income (Q2, 2020)

1.3b

Market capitalization (15-Oct-2020)

28.6b

Closing stock price (15-Oct-2020)

91.7

Cash (30-Jun-2020)

547.0m

EV

34.7b
Allstate's current market capitalization is $28.6 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

35.7b36.5b38.5b39.8b44.7b

Revenue growth, %

1%2%5%3%12%

Cost of goods sold

23.6b24.8b24.5b25.5b26.7b

Gross profit

12.1b11.7b14.0b14.3b18.0b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

8.9b9.2b9.2b9.4b9.6b9.7b9.8b10.1b10.5b11.0b11.1b11.1b10.1b11.2b

Cost of goods sold

6.3b6.5b6.2b6.1b6.4b6.2b5.8b6.4b6.5b6.5b7.0b13.3b

Gross profit

2.5b2.6b3.0b3.4b3.2b3.5b4.0b3.7b4.0b4.5b4.1b(2.2b)

Gross profit Margin, %

29%29%33%36%34%36%40%36%38%41%37%(20%)
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

2.2b1.9b3.2b2.3b4.8b

Depreciation and Amortization

371.0m382.0m483.0m511.0m647.0m

Cash From Operating Activities

3.6b4.0b4.3b5.2b5.1b

Purchases of PP&E

(303.0m)(313.0m)(299.0m)(277.0m)(433.0m)
USDFY, 2015

Debt/Equity

0.3 x

Financial Leverage

5.2 x
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Allstate Operating Metrics

FY, 2016FY, 2017Sep, 2018FY, 2018FY, 2019

Agencies

10.36 k10.43 k10.70 k10.80 k

In-Force Policies

145.90 m

Locations

10.20 k10.30 k10.60 k

Policies per Employee

700
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Allstate Acquisitions / Subsidiaries

Company NameDateDeal Size
AIMCO Private Fund I Holding, LLC
AIMCO Private Fund II, LLC
AIMCO Private Fund I, LLC
ALIC Reinsurance Company
ALINV Mosaic, LLC
Allstate Assignment Company
Allstate Assurance Company
Allstate County Mutual Insurance Company
Allstate Digital Ventures, LLC
Allstate Distributors, L.L.C.
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Allstate Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Allstate Revenue Breakdown

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Allstate revenue breakdown by business segment: 86.1% from Property-Liability and 13.9% from Other

Allstate Online and Social Media Presence

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Allstate News and Updates

Allstate and Lyft Partner to Protect Drivers in Eight States

NORTHBROOK, Ill., Oct. 1, 2020 /PRNewswire/ -- Allstate Insurance Company (NYSE: ALL) has been selected to provide commercial auto coverage to Lyft in California, Iowa, Indiana, Kansas, Kentucky, Missouri, Ohio and West Virginia, effective today, October 1. "Peoples' needs change quickly...

Allstate to lay off employees, close offices in restructuring plan

Allstate Corp. will lay off employees and close offices in a restructuring plan expected to cost the company nearly $300 million, mostly incurred in the third quarter. The goal is to increase Allstate's share in the personal property and liability market "by expanding customer access, improving cus…

National General shares surge 65% on news of $4 billion acquisition by Allstate

National General shares surge 65% on news of $4 billion acquisition by Allstate

The Wall Street Journal: Allstate to buy rival insurer National General for $4 billion

U.S. insurance giant Allstate Corp. said it has agreed to acquire peer National General Holdings Corp. for about $4 billion in cash, expanding its reach in the personal property-liability business.

Allstate Expands Personal Lines Market Position with Acquisition of National General

NORTHBROOK, Ill., July 07, 2020 (GLOBE NEWSWIRE) -- The Allstate Corporation (NYSE: ALL) has agreed to acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and ot…

Give Your Portfolio Some Insurance With Allstate Corp

We suggest investors look past the current economic downturn and set their sights on the opportunity that awaits when the economy recovers.
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Allstate Frequently Asked Questions

  • When was Allstate founded?

    Allstate was founded in 1931.

  • Who are Allstate key executives?

    Allstate's key executives are Tom Wilson, Steven E. Shebik and Don Civgin.

  • How many employees does Allstate have?

    Allstate has 45,780 employees.

  • What is Allstate revenue?

    Latest Allstate annual revenue is $44.7 b.

  • What is Allstate revenue per employee?

    Latest Allstate revenue per employee is $975.9 k.

  • Who are Allstate competitors?

    Competitors of Allstate include Progressive Insurance, Travelers Insurance and Liberty Mutual Insurance.

  • Where is Allstate headquarters?

    Allstate headquarters is located at 2775 Sanders Rd, Northbrook.

  • Where are Allstate offices?

    Allstate has offices in Northbrook, Naperville, San Francisco, Bridgewater Township and in 19 other locations.

  • How many offices does Allstate have?

    Allstate has 24 offices.