Tag: allstate insurance

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

Nordstrom
Allstate plan graph growth

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 –…

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Kirk Herbstreit joins the Allstate Good Hands Challenge to raise scholarship money

H. Cutner
Allstate Good Hands Challenge, Kirk Herbstreit, Allstate insurance, Allstate insurance, ESPN college football, #GoodHandsChallenge, Allstate Good Hands, Allstate scholarship

The ESPN college football analyst and Emmy Award winner are challenging football fans. The Allstate Good Hands Challenge is going ahead this year with ESPN college football analyst Kirk Herbstreit challenging football fans to play flick football to score scholarship money for the company’s net schools. Herbstreit launched the kickoff for the event by challenging David Pollack to football flicks. The Allstate Good Hands Challenge’s first football flick occurred on November 21, when Herbstreit challenged David Pollack, three-time All-American defensive end, College Football Hall of Famer, and first round NFL…

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The Allstate Corporation boosts support to business ownership diversity

H. Cutner
Allstate Corporation - Diversity and Equality in Business

The insurance company has focused on a corporate bond offering comprised exclusively of MWVBEs. The Allstate Corporation recently priced $1.2 billion of 5-year and 10-year senior notes via a syndicate comprised of exclusively minority-, women-, and veteran-owned business enterprises (MWVBEs). The insurance company’s move represents a first of its kind bond offering of this size. The Allstate Corporation’s bond offering is the first of this size with exclusive management by MWVBEs. It represents a substantial step in underscoring the insurance company’s focus on diversity and equality. “It is time to…

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Allstate joins the CDP Supply Chain to advance its sustainability commitments

G. Turner
CDP Supply Chain - Hand holding tree

The insurer joined a select few property and casualty providers in asking more of suppliers. The Allstate Corporation has announced that it has joined the CDP Supply Chain, which means it will be requesting that its key suppliers report their emissions data. This will be one of several steps the insurer is making to boost its supply chain transparency. The emissions data is reported to CDP Supply Chain, which is a global non-profit disclosure system that makes it possible for businesses to manage and measure the impact they have on…

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Allstate points to Better Arguments project to avoid toxic conversations

Marc
Better Arguments Project - woman, man facing away from one another

The insurer issued a news release stating that toxicity in communications are “threatening our future.” Allstate Insurance recently issued a news release praising the strategies of The Better Arguments Project. This strategy is meant to help Americans to better navigate the current environment which consists of the “deepest political and cultural divides in our nation’s history.” The insurer acknowledged that the divisions are only worsened by the COVID-19 pandemic crisis. According to Allstate, “our collective future depends on Americans’ ability to come together.” However, at the same time, it didn’t…

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