About Allstate
Allstate is a company based in Chicago (United States) founded in 1931.. The company has 55,400 employees as of December 31, 2024. Allstate has completed 9 acquisitions, including Answer Financial, Esurance and InfoArmor. Allstate operates in a competitive market with competitors including MetLife, Progressive Insurance, Max Life Insurance, Aflac and AIG, among others.
- Headquarter Chicago, United States
- Employees 55400 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Allstate Corporation (The)
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Annual Revenue
$64.11 B12.28as on Dec 31, 2024
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Net Profit
$4.67 B2584.04as on Dec 31, 2024
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
55400
as on Dec 31, 2024
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Investments & Acquisitions
Answer Financial
& 8 more
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IPO & Listings of Allstate
Allstate is a publicly listed company on the NYSE with ticker symbol ALL in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
141 people
Leadership Team
96 people
Sales and Marketing
88 people
Senior Team
36 people
Finance and Accounting
31 people
Legal and Compliance
28 people
Data Analysis and Operations Team
23 people
Human Resources and Administration
21 people
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Funding Insights of Allstate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Allstate
Allstate has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Answer Financial, Esurance and InfoArmor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provides on-demand repair services for various technology devices.
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2010 | ||||
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Identity theft protection and cyber threat intelligence are provided.
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2007 | ||||
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Technical support for PCs, devices, and networking is provided.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Allstate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Allstate Comparisons
Competitors of Allstate
Allstate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MetLife, Progressive Insurance, Max Life Insurance, Aflac and AIG, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Internet-based life, health, auto, home, and pet insurance is offered.
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| domain | founded_year | HQ Location |
Auto, home, life, health, and business insurance is provided online.
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| domain | founded_year | HQ Location |
Life insurance plans and policies are offered for protection.
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| domain | founded_year | HQ Location |
Financial protection via accident, life, and supplemental insurance is provided.
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| domain | founded_year | HQ Location |
AIG is recognized as a leading global insurance organization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Allstate
Frequently Asked Questions about Allstate
When was Allstate founded?
Allstate was founded in 1931.
Where is Allstate located?
Allstate is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Allstate?
Tom Wilson is the current CEO of Allstate.
How many employees does Allstate have?
As of Dec 31, 2024, the latest employee count at Allstate is 55,400.
What is the annual revenue of Allstate?
Annual revenue of Allstate is $64.11B as on Dec 31, 2024.
What does Allstate do?
Allstate was founded in 1931 and is headquartered in Chicago, United States. Operations focus on the insurance sector, where life, property, auto, and business coverage is offered primarily through internet channels. In 2023, annual revenues of 52.86 billion were recorded, alongside a net loss of 2.29 billion. Leadership is provided by Chairman and CEO Tom Wilson, with services extending across the United States.
Who are the top competitors of Allstate?
Allstate's top competitors include Aflac, MetLife and Progressive Insurance.
Is Allstate publicly traded?
Yes, Allstate is publicly traded on NYSE under the ticker symbol ALL.
How many acquisitions has Allstate made?
Allstate has made 9 acquisitions, including Answer Financial, Esurance, and InfoArmor.
What is Allstate's ticker symbol?
The ticker symbol of Allstate is ALL on NYSE.
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