Allstate (NYSE:ALL) Corporation is a publicly traded provider of personal lines insurance and related services, operating primarily in the United States and Canada. The company underwrites and sells property and casualty insurance, including automobile, homeowners, and renters policies, alongside supplemental coverage such as umbrella and specialty lines. In addition to traditional insurance products, Allstate offers a range of retirement products and investment solutions, leveraging digital platforms and agent networks to reach customers across diverse demographic segments.
Founded in 1931 as an auto insurance division of Sears, Roebuck and Co., Allstate pioneered the concept of offering automobile insurance by mail. The company was spun off as an independent entity in 1993 and has since expanded its footprint through both organic growth and strategic acquisitions. Over the decades, Allstate has diversified its offerings, integrating modern underwriting tools, data analytics, and telematics to enhance risk assessment and customer engagement.
Allstate’s core product suite encompasses standard personal lines insurance—auto, home, condo and renter coverage—while its life insurance and retirement solutions include term and universal life policies, annuities, and investment products designed for long-term savings goals. The company also operates specialty segments, such as Allstate Dealer Services and Arity, its data analytics subsidiary, which provides usage-based insurance and mobility insights to partners in the automotive and transportation industries.
Headquartered in Northbrook, Illinois, Allstate serves millions of policyholders through a diversified distribution model that includes exclusive Allstate agents, independent brokers and direct channels via website and call center. Under the leadership of President and Chief Executive Officer Thomas J. Wilson, who has led the company since 2007, Allstate continues to focus on technological innovation, strategic partnerships and community engagement initiatives to strengthen its market position and deliver value to customers and shareholders alike.
