Allstate

Allstate is an insurance service provider for home, car, property and vehicles. Read more

116,902 Followers on Owler
116,902 Followers on Owler
116,902 Followers on Owler
116,902 Followers on Owler

Allstate

Allstate is an insurance service provider for home, car, property and vehicles. Read more

Thomas J. Wilson's photo - Chairman & CEO of Allstate

Chairman & CEO

Thomas J. Wilson

CEO Approval Rating

60/100

ALLSTATE TOP COMPETITORS OR ALTERNATIVES

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CEO

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State Farm is seen as one of Allstate's biggest rivals. State Farm is headquartered in Bloomington, Illinois, and was founded in 1922. Like Allstate, State Farm also works within the Property & Casualty Insurance sector. State Farm generates 168% the revenue of Allstate.

GEICO is seen as one of Allstate's top competitors. GEICO was founded in 1936, and its headquarters is in Chevy Chase, Maryland. GEICO operates in the Life & Health Insurance industry. GEICO has 2,900 fewer employees than Allstate.

Progressive is one of Allstate's top rivals. Progressive is a Public company that was founded in Village of Mayfield, Ohio in 1937. Progressive operates in the Life & Health Insurance industry. Progressive has 426 more employees vs. Allstate.

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Allstate Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$46.9B

Allstate's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 32B. Over the last four quarters, Allstate's revenue has grown by 11.2%. Specifically, in Q1 2021's revenue was $12.4B; in Q4 2020, it was $12B; in Q3 2020, it was $11.4B; in Q2 2020, Allstate's revenue was $11.1B.

Allstate Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
National General Holdings Corp.

Jul 2020

Source »
$4B
National General is an insurance holding company that offers auto, RV and home insurance products and services to individuals and businesses.
iCracked, Inc.

Feb 2019

Source »
undisclosed
iCracked provides iPhone, iPad, and Galaxy cell phones screen replacement and repair services.
PlumChoice, Inc.

Nov 2018

Source »
$30M
PlumChoice is a consulting agency that offers cloud onboarding, migration, Internet of Things, administrative and technical help desk services.
InfoArmor, Inc.

Aug 2018

Source »
$525M
InfoArmor is a provider of employee identity protection and threat intelligence solutions for organizations.
SquareTrade, Inc.

Nov 2016

Source »
$1.4B
SquareTrade is a warranty service provider for consumer electronics and appliances that includes laptops, smartphones, iPods and washing machines.

These are all the companies that Allstate has acquired. Allstate has acquired 7 companies and its latest acquisition was National General Holdings Corp. in Jul 2020. National General is an insurance holding company that offers auto, RV and home insurance products and services to individuals and businesses.

Allstate Funding History

Since Allstate was founded in 1931, it has participated in 1 round of funding. In total Allstate has raised $2.4B. Allstate's funding round was on Jun 1993 for a total of $2.4B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jun 1993
$2.4B
-

Since Allstate was founded in 1931, it has participated in 1 round of funding. In total Allstate has raised $2.4B. Allstate's funding round was on Jun 1993 for a total of $2.4B

Allstate Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Amenity Analytics is an AI-based text analytics platform that allows users to process text documents and uncover actionable insights.
$18M
Apr 14, 2019
Series B
-
Kitwave is a UK-based wholesaler and distributor of groceries, snacks, beers, wines, soft drinks, frozen, tobacco and related products for restaurants and leisure centers.
-
Mar 01, 2016
Equity
-
Sentinel is a private equity firm that manages buyouts and corporate divestitures for aviation and healthcare sectors.
$319M
Jun 20, 2005
Investment Fund
-

These are all the companies that Allstate has invested in. Allstate has invested 7 companies and its latest investment was National General Holdings Corp. in Jul 2020. National General is an insurance holding company that offers auto, RV and home insurance products and services to individuals and businesses.

Allstate News

May 6, 2021FinTech Global

Prevailion scores strategic investment to support its expansion efforts | FinTech Global

Prevailion, a cyber adversary intelligence provider, has closed a strategic investment round led by A... See more »
May 5, 2021MarketScreener

Reinsurance Update

(marketscreener.com) Catastrophe Reinsurance Program Effective June 1, 2021 to May 31, 2022 Northbroo... See more »
May 4, 2021Betakit

Willful signs partnership with insurance giant Allstate following launch in Qubec

Toronto-based Willful, which offers online will and estate planning, has launched a new national part... See more »
April 19, 2021Insurance Journal

Unhappy New Year. Insurers Report Estimated Q1 Catastrophe Losses.

Carriers are starting to report their pretax catastrophe loss estimates for the 2021 first quarter, a... See more »
April 16, 2021Daily Herald

Allstate announces first quarter catastrophe losses

Allstate Corp. announced $466 million in catastrophe losses for the first quarter of 2021.... See more »
April 15, 2021FinanzNachrichten

Allstate Corp. Reports Estimated Catastrophe Losses

NORTHFIELD TOWNSHIP (dpa-AFX) - The Allstate Corporation (ALL) reported estimated pre-tax catastrophe... See more »
April 15, 2021Reinsurance News

Allstate calls on agg reinsurance in March as cat losses hit $252m

US primary insurer Allstate Corporation has announced estimated catastrophe losses of $466 million fo... See more »

Allstate Blogs

August 3, 2020Allstate Blog

Eric Carlson: Supporting Grand Visions for Disabled Vets

Kayaking more than 220 miles down the Colorado River within the Grand Canyon is a pinnacle achievemen... See more »
July 28, 2020Allstate Blog

What A Home Inspector Will Look For

When you’re buying a home, it’s a good idea to have a professional home inspector look ov... See more »
July 21, 2020Allstate Blog

How To Recognize And Prevent Raccoon Damage

A standard homeowners insurance policy may help cover repairs if raccoons damage or destroy the roof,... See more »
July 14, 2020Allstate Blog

Driving Without A License: What Are The Risks?

Driving a vehicle without a license is illegal and can also be dangerous. Here’s are some of th... See more »
July 8, 2020Allstate Blog

Car Maintenance Tips to Help Keep Your Vehicle in Good Shape

Properly maintaining your car is key to keeping it in top condition. It can also help ensure your saf... See more »
June 30, 2020Allstate Blog

A Renter's Guide to Different Types of Apartments

If you're a renter (or looking to become one), it's a good idea to understand the different types of ... See more »
June 17, 2020Allstate Blog

Dannielle Dixon Thomas: ‘Daddy’s Girl’ Forges Her Own Path

As a child, Dannielle Dixon watched her father build an independent small business in Moncks Corner, ... See more »

Allstate Press Releases

February 23, 2021Newswire

SparkCharge Partners With Allstate, Spiffy, Mark Cuban, and Others to Launch BoostEV, the World's First On-Demand Mobile EV Charging Network

BoostEV gains big partners in making electric vehicle ownership and charging more convenient.... See more »
November 5, 2020StreetInsider

Allstate Delivers Strong Results and Advances Transformative Growth Plan

Allstate Delivers Strong Results and Advances Transformative Growth Plan... See more »
October 29, 2020Business Wire

Allstate Elects Donald Brown to Board of Directors

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced that Donald Brown, ... See more »
October 19, 2020Cision Canada

Allstate Insurance Company of Canada proudly continues to support Old Brewery Mission

/CNW Telbec/ - Allstate Insurance Company of Canada and The Allstate Foundation of Canada will donate... See more »
October 1, 2020PR Newswire

Allstate and Lyft Partner to Protect Drivers in Eight States

NORTHBROOK, Ill., Oct. 1, 2020 /PRNewswire/ -- Allstate Insurance Company (NYSE: ALL) has been select... See more »
September 2, 2020StreetInsider

COVID Changes Insurers' Catastrophe Response

LAKE CHARLES, La., Sept. 2, 2020 /PRNewswire/ --Â The 2020 hurricane season is off to a record pace w... See more »
August 12, 2020centralcharts

Bragar Eagel & Squire, P.C. Reminds Investors of its Investigation of the Sale of NGHC and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors o... See more »

Allstate Videos

Social Media

Allstate Headquarters

2775 Sanders Road

Northbrook, Illinois60062

847-402-5000

Driving Directions »

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Allstate Summary

ABOUT

Overview

Allstate Corporation (NYSE: ALL) is the insurance service provider for car, home, property, and vehicles. It is the second-largest personal lines insurer in the US and the largest that is publicly-held. The company also has personal lines insurance op...

CEO

Allstate's Chairman & CEO, Thomas J. Wilson, currently has an approval rating of 60%. Allstate's primary competitors are State Farm, GEICO & Progressive.

Website

allstate.com

Frequently Asked Questions about Allstate

  1. When was Allstate founded?

    Allstate was founded in 1931
  2. Who is Allstate's CEO?

    Allstate's CEO is Thomas J. Wilson
  3. How much revenue does Allstate generate?

    Allstate generates $46.9B in revenue
  4. How much funding does Allstate have?

    Allstate has historically raised $2.4B in funding
  5. Where is Allstate's headquarters?

    Allstate's headquarters is in Northbrook Illinois, USA
  1. How many employees does Allstate have?

    Allstate has 42,900 employees
  2. What sector does Allstate operate in?

    Allstate is in Property & Casualty Insurance, Life & Health Insurance, Insurance Brokers
  3. Who are Allstate's competitors?

    Allstate's top competitors are State Farm, GEICO, Progressive
  4. Who has Allstate invested in?

    Allstate's has invested in companies such as Amenity Analytics, Kitwave, Sentinel Capital Partners, LLC