Allstate helps families protect the things that are most important to them. Our business aims to help build resilient communities, not only through our products and services, but also through our commitment to corporate responsibility.
Founded in 1931, Allstate became a publicly traded company in 1993 and fully independent in 1995, when it was spun off from Sears Holdings Corp. Today, we are one of the largest publicly held personal lines property and casualty insurers in America. We are listed on the New York Stock Exchange under the trading symbol ALL and are widely known through the “You’re In Good Hands With Allstate®” slogan.
Allstate is always refining product offerings, marketing outreach and customer service based on careful research.
When purchasing insurance or any other product or service, consumers have more choices than ever. We serve four distinct consumer segments with differentiated preferences (local advice and assistance versus self-service) and brand recognition (brand-neutral versus brand-sensitive). While we primarily serve U.S. and Canadian markets, our global operational presence extends with our subsidiaries Allstate Northern Ireland and Allstate Solutions Private Limited in India. These global entities are critical to developing innovative technologies and business solutions for The Allstate Corporation. Each of our subsidiaries tailors its corporate responsibility approach to its unique needs and regional issues within our larger platform of Allstate priorities, strategic vision and Global Code of Business Conduct.
Financial strength enables Allstate to grow our business and keep our promises to stakeholders through good and bad economic conditions.
To be an authentic, responsible company, Allstate is committed to both profits and purpose. We know our financial standing provides us the means to invest in our people, but we also know that providing our people the opportunity to pursue their purpose contributes to our combined prosperity. And it is our purpose-driven people who make Allstate a purpose-driven company, a combination that is a powerful force for good — for our communities and the world.
We stand out among our industry peers for our strong financial performance. We had $38.5 billion in revenues in 2017, a 5.4% increase from $36.5 billion in 2016. Allstate held $28.9 billion in capital resources at year-end 2017 and manages $83 billion in assets in our well-diversified investment portfolio. For more detailed information on our investment portfolio, see our Responsible Investment section.
Allstate is striving to be a purpose-driven company powered by purpose-driven people — a combination that is a powerful force for good — for our communities and the world.
During 2017, we continued to invest in initiatives that help make communities safer and stronger, including $47 million given by The Allstate Foundation, Allstate and its employees, agency owners and agency staff.
For more detailed financial information, see our 2017 Prosperity Report.
Allstate is committed to being an industry leader and values innovation.
Allstate is recognized as an employer of choice and as a corporate champion for leadership in ethics, diversity, innovation and corporate responsibility. You can find an updated list of Allstate’s accolades in the Allstate Newsroom.