The Allstate Corporation is a property-casualty insurance, auto insurance, home insurance, protection products, and financial services company headquartered in Northbrook, Illinois. Allstate's FY2025 Form 10-K reported $67.685 billion in revenue and $10.165 billion of net income available to common shareholders after a major underwriting recovery.
Allstate Key Facts
| Company | The Allstate Corporation |
|---|---|
| Founded | 1931 |
| Founders | Sears, Roebuck and Co. |
| CEO | Tom Wilson |
| Headquarters | Northbrook, Illinois |
| FY2025 revenue | $67.69B |
| Net income | $10.17B |
| Employees | about 53,000 |
What Does Allstate Do?
Allstate operates in property-casualty insurance, auto insurance, home insurance, protection products, and financial services. Its profile is best understood through its products, customer base, revenue model, leadership, and competitive set.
How Allstate Makes Money
Allstate makes money from property-liability premiums, accident and health premiums, investment income, protection products. These revenue streams explain why searches for Allstate revenue, business model, products, and competitors often overlap.
Allstate Revenue and Financials
Allstate reported $67.69B in FY2025 revenue and about $10.17B in net income. The financial story is useful because it connects scale, margins, investment priorities, and the company's ability to fund growth.
Allstate Founders and Origin
Allstate was founded by Sears, Roebuck and Co. in 1931. The founding story still matters because it explains the strategic choices, brand identity, and market category the company is known for today.
Strategy and Competitive Advantage
Allstate's advantage is brand trust, auto and home insurance scale, pricing data, agency and direct distribution, telematics, claims infrastructure, and National General's independent-agent channel.
Risks and Challenges
The biggest risks are catastrophe losses, auto repair inflation, regulatory limits on pricing, customer churn after rate increases, insurtech competition, and climate-driven underwriting pressure.
Important Facts
- FY2025 revenue was $67.685 billion and net income available to common shareholders was $10.165 billion.
- Allstate began as a Sears-created auto insurance brand in 1931.
- Tom Wilson is chair, president, and chief executive officer.
- Allstate competes heavily in U.S. personal auto and homeowners insurance.
- Drivewise and Allstate 2.0 are key data and digital strategy themes.
Frequently Asked Questions
What is Allstate?
Allstate is a property-casualty insurance, auto insurance, home insurance, protection products, and financial services company headquartered in Northbrook, Illinois. Allstate's FY2025 Form 10-K reported $67.685 billion in revenue and $10.165 billion of net income available to common shareholders after a major underwriting recovery.
What was Allstate revenue in 2025?
Allstate reported $67.69B in FY2025 revenue.
Who founded Allstate?
Allstate was founded by Sears, Roebuck and Co. in 1931.
Who is the CEO of Allstate?
Tom Wilson is the CEO or current top executive listed for Allstate.
How does Allstate make money?
Allstate makes money from property-liability premiums, accident and health premiums, investment income, protection products.
Where is Allstate headquartered?
Allstate is headquartered in Northbrook, Illinois.
What are Allstate's main products?
Allstate's main products and services include auto insurance, homeowners insurance, renters insurance, life insurance, Drivewise, National General.
Who are Allstate's competitors?
Allstate competes with Progressive, MetLife, Travelers and other companies in property-casualty insurance, auto insurance, home insurance, protection products, and financial services.
