Allstate Corp. Stock
€172.85
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Description Allstate
Allstate Corporation (Symbol: ALL) is an American-based, publicly-traded insurance company that operates in the property and casualty insurance business. The company provides auto, home, and life insurance to approximately 16 million households in the United States. Allstate is headquartered in Northbrook, Illinois and was founded in 1931 by Sears, Roebuck and Co. The company went public in 1993 and is currently listed on the New York Stock Exchange (NYSE). As of 2021, Allstate Corporation had a market capitalization of approximately $36 billion and operates through a network of independent agents, direct channels, and various online platforms. In addition to its insurance business, Allstate also offers various other products and services such as identity protection, roadside assistance, and investment planning.
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Competitors of Allstate
Allstate's main competitors in the insurance industry are:
1. State Farm: State Farm is the largest insurance provider in the United States and is Allstate's biggest competitor. It offers a variety of insurance products and has strong brand recognition.
2. Progressive: Progressive is the fourth-largest auto insurance provider in the US and a major player in the home insurance market. It has an innovative approach to insurance, using technology to provide customers with customized quotes and policies.
3. Geico: Founded in 1936, Geico is the second-largest auto insurer in the US and is known for its humorous advertising campaigns. It also offers a variety of other insurance products, such as homeowners and renters insurance.
4. Berkshire Hathaway: Led by legendary investor Warren Buffett, Berkshire Hathaway is a multinational conglomerate with significant holdings in the insurance industry. Its insurance subsidiaries include Geico and the reinsurance company General Re.
5. Liberty Mutual: Liberty Mutual is the fifth-largest property and casualty insurer in the US and is a growing competitor to Allstate. It offers a variety of insurance products, including home, auto, and renters insurance.
Financial data and news for Allstate
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