Allstate plan for ‘transformative growth’ not unlike Progressive’s

December 16, 2020December 15, 2020 Nordstrom

CEO Tom Wilson’s strategy was launched late in 2019, but growth won’t arrive until the second phase. CEO Tom Wilson released the Allstate plan for “transformative growth” late last year. Though there has been a large number of changes throughout 2020, the promised growth has yet to be revealed. That said, the CEO says that the growth component will arrive with the second part of the strategy. Though Wilson has not set any dates as to when the second part will arrive – and the growth along with it –…

Allstate CEO Tom Wilson says ridesharing will upend the auto insurance industry

January 11, 2019July 21, 2023 Nordstrom

Ride hailing and car sharing programs have changed transportation and are now changing coverage. Allstate CEO Tom Wilson explained that the auto insurance industry should expect some substantial changes due to ridesharing companies. These services have altered the way that vehicles are used so that they are no longer defined by auto products. The interview was reported from CES 2019 by a Cheddar article. In it, the Allstate CEO underscored the change ride hailing and car sharing services have made to personal transportation. That said, traditional auto insurance products don’t…

Allstate Insurance Corporation seeks to improve overall opinion of large companies

October 12, 2016October 10, 2016 Logan B.

allstate insurance corporation good hands

The insurer’s CEO is working to show that corporations can and should play a positive role in solving society’s struggles. Allstate Insurance Corporation Chairman and CEO Tom Wilson chose the Washington Post as a vehicle to express his message to American corporations. He pointed out that the role of these exceptionally large businesses must change. According to Wilson, corporations should be a powerful force of positive change in society. He wrote that a complete mind-set shift will be required and that these companies can do good. “Corporations should be encouraged…