The insurer simultaneously announced that it would be undergoing a change in its senior leadership.
Allstate Insurance has announced the retirement of Vice Chair and CEO of Protection Products and Services Don Civgin. This decision to retire followed a “distinguished 13-year career,” with the insurer, according to a recent news release.
Cigvin first came to the company in 2008, at which time he was the Chief Financial Officer.
From that time, Civgin moved up in Allstate Insurance, becoming the President and CEO of Allstate Financial in 2012. In 2019, he then changed positions to become the Vice Chair of The Allstate Corporation. Civgin also serves as the Ravinia Festival internationally renowned event’s chair. At his retirement, the new President of Protection Products and Services will be Terrance Williams.
“Don’s leadership, business acumen and enterprise-first approach made Allstate successful in pursuing its purpose of protecting people from life’s uncertainties,” said the corporation’s Chair, President and CEO Tom Wilson.
“He has been an excellent partner and mentor to senior executives as Allstate transforms into a digital protection solutions provider. Don’s ability to attract, mentor and lead talent leaves us with an outstanding management team. His forward-thinking and innovative leadership helped position Allstate as a leader in telematics, identity protection and device protection plans. We thank him for his many contributions to Allstate’s continued success and wish him and his family the very best in their next chapter.”
Wilson went on to praise Williams, who will be taking over at Allstate Insurance following Civgin’s retirement.
“Terrance Williams has been leading our Transformative Growth initiatives to enable Allstate agents to increase growth while improving the customer experience and provide lower insurance prices. Terrance will bring his extensive experience in building and growing innovative businesses to the Protection Products and Services organization,” said Williams. “This leadership change supports our objective of Allstate being a purpose-driven company powered by purpose-driven people.”
Allstate Insurance takes great pride in its leadership across the United States and celebrates the careers of the people who have played a role in growing the company into the successful American corporation it is today.