Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
Get the summary SWOT & PESTLE.com report delivered straight to your email inbox for free. Our insightful and holistic reports have helped corporates, academia and researchers take their research forward. You also agree to receive email updates from us on our new reports and solutions.

Allstate Corporation SWOT & PESTLE Analysis

ID : 52475753| Aug 2021| 15 pages

COMPANY PROFILE -Allstate Corporation

Business Sector :Diversified Insurance

Operating Geography :United States, Canada, North America

About Allstate Corporation :

Allstate Corporation was establisheded on April 17, 1931. The business is conducted mainly through segments like Allstart e-insurance company, Allstate Life Insurance Company, and other subsidiaries. The company is mainly involved in the property, casualty insurance business, sale of life and accident and health insurance products in the United States and Canada. It is headquartered in Northbrook, Illinois, US. Allstate transformed into a publicly traded company in 1993, and features on the New York Stock Exchange (ALL).

Allstate product portfolio has the following segments:

• Allstate Protection Segment which covers private passenger auto, homeowners, other personal lines and small commercial insurance products service
• Businesses Segment which includes SquareTrade, Allstate Roadside Services, and Allstate Dealer Services
• Benefits Segment that covers voluntary benefits products, including life, accident, critical illness, short-term disability and other health products
• Allstate Life Segment that sees to traditional, interest-sensitive and life insurance products
• Allstate Annuities that consists of deferred fixed annuities and immediate fixed annuities
• Other Segments that cover Discontinued Lines and Coverage, Corporate and Other Segment

Allstate Corporation’s strategic vision statement reads “Deliver substantially more value than the competition by reinventing protection and retirement to improve customers’ lives”. The Allstate Corporation’s USP or unique selling point lies in its being the largest publicly held personal lines property and casualty insurer in America, serving more than 16 million households nationwide

Allstate Corporation Revenue :


USD 37,073 million – FY 31st December, 2020 (y-o-y growth 2.8%)
USD 36,076 million – FY 31st December, 2019

Competitive Analysis of Allstate Corporation

SWOT
PESTLE
The SWOT analysis for Allstate Corporation is presented below:
Strengths
Weaknesses
1. Diversified Product Portfolio
2. High Penetration in the USA and Canada
3. Strong Financial Position
4. Sophisticated Pricing and Underwriting practices
5. Trusted Advisor to Customers
1. Dependence on Allstate Protection Segment
2. Concentrated in North America
3. Exit from life insurance business
Opportunities
Threats
1. New Products and Service Development
2. Use of Data Analytics
3. Improving Operational Processes Using Technology
1. Changing climate and weather conditions
2. Diminished Market access
3. Vulnerable to Cyber Security Threats
SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • Debit/Credit card
  • PayPal
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Detailed SWOT Analysis of Allstate Corporation

 

Strength

This section is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

1. Use of data analytics: Data analytics is a great tool to enhance the product design, marketing, and pricing by better understanding customers, assessment of their specific needs and delivery of customized solutions. For instance, insurers are experimenting with apps and products to gauge their driving habits and adjust premiums accordingly. Allstate Insurance should develop and strengthen their data science and digitalization capabilities to improve customer experience and also streamline their operations and underwriting principles. Digital underwriting products like IoT, API-based modules, AI, and big data are helping new companies quickly launch their products. Allstate will have to effectively harness “Big Data” and Artificial Intelligence to drive competitive advantage over other insurance companies. Their key strategy should be to deliver simple, end-to-end digital experience for retail customers and automate and accelerate digital capabilities to support commercial clients.

2. Improving operational process using technology: Productivity is enhanced by using advanced automation practices to shore up returns. Robotic Process Automation and Cognitive Intelligence technologies are rapidly increasing. For instance the capability to automate routine tasks, policy administration, mundane tasks in underwriting and claims, releasing up thousands of people hours. Subscribing to advanced technology is also helping AllState Corp to achieve operational excellence; for example, through QuickFoto Claim®, the smartphone app launched in 2017, enables customers to initiate a claim by sending pictures of insured damaged vehicles. Claims are now settled in hours instead of days and over 70% of drivable cars are now inspected via this app. In 2016, Allstate rolled out Arity to build insurance, automotive and shared mobility technologies to make transportation smarter, safer and more useful. The Allstate Good Hands Rescue® App leverages GPS and proprietary technology to deliver rapid roadside services. In 2020, Allstate designed and implemented new Target State Architecture and developed new customer interaction applications.

The remaining section under "Opportunity" is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • Debit/Credit card
  • PayPal
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?

You may also be interested in other analyses of Allstate Corporation:

Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Company Overview Report
This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Competitor Analysis Report
This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Porter's Five Forces Analysis Report
This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
VRIO Analysis Report
This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Value Chain Analysis Report
This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Regulatory Outlook Report
This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Risk Analysis Report
This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key Performance Indicators (KPI's) Report
This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Environmental, Social, and Governance (ESG) Analysis Report
This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
M&A Analysis Report
This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Subsidiaries, Partnerships and Collaborations Report
This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Stakeholder Analysis Report
This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Technology Landscape and Outlook Report
This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Covid-19 Impact Analysis Report
This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Key News and Events Report
This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
BCG Analysis Report
This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Digital Marketing and Social Media Strategy Analysis Report
This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Segmentation, Targeting and Positioning (STP) Analysis Report
This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Request for Quotation
Allstate Corporation
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.
Get The Free Sample
Ansoff Matrix Analysis Report
This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
We do not share your information with anyone. However, we may send you emails on our new reports and solutions.

Check Out Analysis of Other Relevant Companies

References used in Allstate Corporation SWOT & PESTLE Analysis Report

1. Allstate Annual Report 2020 - https://www.allstate.com/resources/allstate/attachments/annual-report/allstate-year-end-report-combo-2020.pdf

2. Global Overview | LMG - https://www.libertymutualgroup.com/about-lm/global/overview

3. ALNY Announcement - https://www.allstateinvestors.com/static-files/6362bf2e-3776-4433-8903-56497cd5fdd2

4. Cyber insurance: Risks and trends 2020 | Murich Re Topics Online - https://www.munichre.com/topics-online/en/digitalisation/cyber/cyber-insurance-risks-and-trends-2020.html

5. 2021 insurance regulatory outlook | Deloitte US - https://www2.deloitte.com/us/en/pages/regulatory/articles/insurance-regulatory-outlook.html

The detailed complete set of references are available on request in the 'Complete report' on purchase.

How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

Allstate Corporation SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2021). Allstate Corporation SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/allstate/ [Accessed 24 Sep, 2021].

In-text: (SWOT & PESTLE.com, 2021)

Copyrights and Disclaimer

Allstate SWOT and PESTLE analysis has been conducted by Manashvi Mistry and reviewed by senior analysts from Barakaat Consulting.

Copyright of Allstate SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

Allstate Corporation SWOT & PESTLE Analysis
Price : USD 12.53
Open chat
1
Hello
How can I Help You?