Our Shared Vision

The Allstate brand is top-of-mind for auto and homeowners insurance, but it’s also much more. Allstate helps people protect the things they have today and prepare for the future through a wide range of other products and services – life insurance and retirement products, voluntary group benefits, business insurance, roadside assistance, motorcycle insurance  and a wide array of other consumer products. Our well-rounded product portfolio is an essential component of Allstate’s business strategy. More than 90 percent of consumers say they want to purchase all their insurance from a single company. Allstate customers who have auto, home, and life insurance stay with us longer than any other customers.

Spotlight on Other Businesses

The Allstate brand is top-of-mind for auto and homeowners insurance, but it’s also much more. Allstate helps people protect the things they have today and prepare for the future through a wide range of other products and services – life insurance and retirement products, voluntary group benefits, business insurance, roadside assistance, motorcycle insurance and a wide array of other consumer products. Our well-rounded product portfolio is an essential component of Allstate’s business strategy. More than 90 percent of consumers say they want to purchase all their insurance from a single company. Allstate customers who have auto, home, and life insurance stay with us longer than any other customers.

Spotlight on Allstate Financial

Allstate Financial creates shareholder value in three major ways: through its profitable growth, by cross-selling Allstate Financial products to existing Allstate customers in order to increase both loyalty and renewal rates, and by bringing new customers to Allstate. Allstate Financial continued to improve returns in 2011 by focusing on underwritten products, including traditional life insurance and its Allstate Benefits voluntary benefits business (accident and health products). Total premiums and contract charges were $2.2 billion for 2011, a 3.2 percent increase over 2010. Net income for 2011 was $586 million compared to $58 million for 2010. Life insurance policies issued through Allstate agencies increased dramatically in 2011, reflecting progress on our strategy to broaden life insurance sales through our agency network and increase the number of multiline households with bundled products. We continued to develop new, simpler retirement products that align with the buying preferences of our auto and home insurance customers.

Spotlight on Allstate Benefits

Our workplace distribution business is Allstate Benefits (a part of Allstate Financial). It offers universal life, term life, disability income, cancer, accident, heart and stroke, critical illness, hospital indemnity and other insurance to employees of more than 31,000 companies. All products are underwritten by American Heritage Life, a subsidiary of The Allstate Corporation that was founded in 1956. Allstate Benefits continued its solid performance in 2011, in part, by successfully working with large companies that seek to provide a full range of benefits to their employees. Allstate Benefits also has a strategic alliance with Aetna to offer voluntary critical illness plans and accident plans to Aetna clients.

Spotlight on Other Insurance Products

Allstate means “insurance” to millions of Americans. We offer an expansive range of products and services which we can combine to create attractive discounts. Beyond home and auto insurance, we reach consumer households with specialty products, such as motorcycle, boat, renters and condominium insurance policies, as well as retail and wholesale roadside assistance products through Allstate Roadside Services. Other products include business insurance (commercial products for small business owners) and Allstate Dealer Services (insurance and non-insurance products sold primarily through auto dealers).