In every aspect of our business, we strive to do the right thing—for our customers, our employees, our communities and our world.
We make our Good Hands® come to life by contributing millions of dollars and volunteering thousands of hours each year.
Financial Strength and Performance
Allstate is one of the strongest companies in our industry. We had $35.7 billion in revenues in 2015, a 1.2 percent increase from $35.2 billion in 2014. Both Allstate Insurance Company and Allstate Life Insurance Company had an A.M. Best financial strength rating of A+ (second-highest of 16 categories) as of year-end 2015. Allstate held $25.1 billion in capital resources at year-end 2015, and manages $77.8 billion in assets in our well-diversified investment portfolio.
This financial strength enables Allstate to grow our business and keep our promises to stakeholders through good and bad economic conditions. Net income available to common shareholders for 2015 was $2.1 billion, or $5.05 per diluted common share. During 2015, we continued to invest in initiatives that help make communities safer and stronger, including $36 million given by The Allstate Foundation, Allstate, and its employees, agency owners and agency staff.
For more detailed financial information, see our most recent annual report.
We help our customers live a good life by providing young people with opportunities to reach their full potential, empowering victims of domestic violence, volunteering in our local communities, and supporting nonprofits. Visit our Community Presence page for more information.
At the heart of Our Shared Purpose are six new leadership principles that define the behaviors we all need to embrace to be successful. We built these principles on the belief that every Allstater is a leader.
Our Shared Purpose
We Are the Good Hands: We help customers realize their hopes and dreams by providing the best products and services to protect them from life’s uncertainties and prepare them for the future.
Strategic Vision: Deliver substantially more value than the competition by reinventing protection and retirement to improve customers’ lives.
Corporate Goal: Create long-term value by serving our stakeholders, taking appropriate risks and leveraging our capabilities and strategic assets.
• Honesty, caring and integrity
• Inclusive diversity
• Superior performance
• Customer focus
• Operational excellence
• Enterprise risk and return
• Sustainable growth
• Capital management
Our Operating Principles:
• Put the customer at the center of all our actions.
• Use consumer insights, data, technology and people to create disruptive innovation to better serve customers and generate growth.
• Execute well-considered decisions with precision and speed.
• Focus relentlessly on those few things that provide the greatest impact.
• Be a learning organization that leverages successes, learns from failures and continuously improves.
• Provide employees, agency owners and financial specialists with fulfilling opportunities, personal growth and performance-based rewards.
• Take an enterprise view of our people and processes, and work as a single team to advance Allstate rather than our individual interests.
We empower every employee to lead and drive change.
• We’re here to serve.
• We win together.
• We drive results.
• We’re transparent.
• We continuously get better.
• We develop each other.
Allstate’s Segmentation Strategy
When purchasing insurance or any other product or service, consumers have more choices than ever before. As a result, Allstate continues to refine our product offerings, marketing outreach and customer service based on careful research. Our company serves four different consumer segments with distinct interaction preferences (local advice and assistance versus self-serve) and brand preferences (brand-neutral versus brand-sensitive).
Allstate Global Entities
While we primarily serve Canadian and American markets, our operational presence extends to Northern Ireland and India as well. These global entities are critical to developing innovative technologies and business solutions for The Allstate Corporation.
Allstate Insurance Company of Canada has provided peace of mind to Canadians since 1953 with a full line of property and casualty insurance products and services.
Corporate Responsibility Focus
• Mothers Against Drunk Driving (MADD)
• United Way
• Junior Achievement
Esurance® provides auto, homeowners’, motorcycle and renters’ insurance directly to consumers online and over the phone. With an easy-to-use mobile app, helpful online tools like photo claims and Coverage Counselor®, and knowledgeable experts available around the clock, Esurance is the smart choice for today’s Web-savvy consumer.
Corporate Responsibility Focus
• Diversity and Inclusion Executive Council
• Employee resource groups
• Recycled Rides for families in need
• Hybrid claims vehicles and paperless customer experience
• Esurance Matching Gift Program
• Employee community volunteer programs
San Francisco, California
Click here to read more about Esurance.
Allstate Northern Ireland Limited
Established in 1998, Allstate Northern Ireland Limited specializes in delivering high-quality, low-cost technology and business solutions to its parent company, The Allstate Corporation, and its subsidiaries.
Corporate Responsibility Focus
• Employee wellness
• STEM education funding and support
• Suicide and mental health awareness
• Employment support for people with autism
• Teen safe driving
• Recycling and waste reduction
• Water conservation
For more information about Allstate Northern Ireland Limited’s corporate responsibility initiatives, click here.
Belfast, Londonderry and Strabane
Allstate India, or Allstate Solutions Private Limited (ASPL), began operations in India in 2012. We provide software development and business processing solutions support to the Allstate Corporation. ASPL is headquartered in the high-tech city of Bangalore, and serves as a key component of Allstate Technology and Strategic Venture’s (ATSV’s) international strategy.
Corporate Responsibility Focus:
• Women’s empowerment and financial literacy
• Child welfare and education for low-income communities
• Training programs for children with disabilities
• Nature conservation
• Catastrophe relief
• Senior citizen well-being and support
• Employee welfare
Bangalore and Pune, India
Awards and Recognition
Allstate is committed to being an industry leader. We are proud to be recognized for all the effort our employees put into forming Allstate’s good hands. The following list shows some of the accolades we’ve recently received.
• World’s Most Ethical Company® 2015 and 2016 – the Ethisphere Institute
• 2015 Best Proxy Statement (large cap) – Corporate Secretary
• The World’s Most Admired Companies 2015 – Fortune; Allstate ranked #7 in Property and Casualty Industry
• Decade Award, Business Innovation Award and #13 on 2016 InformationWeek Elite 100 List – InformationWeek
• CIO 100 Award 2016 – CIO
• Top Corporation for Women’s Business Enterprise, 2016 – Women’s Business Enterprise National Council (WBENC)
• Top 60 Companies for Executive Women 2016 – National Association for Female Executives (NAFE)
• Top 50 Companies for Diversity 2016 – DiversityInc
• Top 50 Companies for Executive Women 2015 – National Association for Female Executives (NAFE)
• 40 Best Companies for Diversity 2015 – Black Enterprise
• Top 35 Best Companies for Supplier Diversity 2015 – Black Enterprise
• 50 Out Front Best Places for Women & Diverse Managers to Work 2015 – Diversity MBA
• Best Companies for Multicultural Women 2016 – Working Mother
• Corporate Social Responsibility Leadership Award 2016 – Financial Services Roundtable
• 100 Best Corporate Citizens 2015 – Corporate Responsibility
• Top 100 Green Companies in the United States, 2016 – Newsweek