The Allstate Corporation
Leadership History
4 leaders · 1993 to present
Tom Wilson is the CEO of Allstate, in the role since 2007. The first chief executive was Wayne E. Hedien, from 1993.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Tom Wilson | Chair, President and Chief Executive Officer | 2007 | Present | 19 |
| Edward M. Liddy | Former Chairman and Chief Executive Officer | 1999 | 2006 | 7 |
| Jerry D. Choate | Former Chairman and Chief Executive Officer | 1994 | 1998 | 4 |
| Wayne E. Hedien | Former Chairman and Chief Executive Officer | 1993 | 1994 | 1 |
Allstate began by selling auto insurance through the Sears catalog and later built an agent network. The current company combines Allstate exclusive agents, National General independent agents, direct sales, and service businesses such as Allstate Protection Plans and Arity. The 2025 Form 10-K reports 211 million policies in force and ranks Allstate third in U.S. personal property and casualty insurance based on 2024 statutory direct premiums written. The company is headquartered in Northbrook, Illinois. Originally launched in Chicago, Illinois as a direct-mail auto insurance division of Sears, Roebuck & Co., the corporation eventually spun off to blanket America with its famous "Good Hands" agency network.
Allstate earns most of its revenue from insurance premiums, then invests funds held before claims are paid. In 2025, property and casualty premiums were $60.503 billion, accident and health premiums and contract charges were $946 million, other revenue was $2.955 billion, and net investment income was $3.449 billion. Allstate Protection distributes policies through exclusive agents, independent agents, contact centers, and online under the Allstate, National General, Direct Auto, and Answer Financial brands. Protection Services includes protection plans, roadside assistance, dealer services, identity protection, and Arity mobility analytics.
Chair, President and Chief Executive Officer
2007 – Present
19 years (current)
During his tenure Allstate acquired Esurance and Answer Financial in 2011, SquareTrade in 2017, InfoArmor in 2018, and National General in 2021.
Wilson became CEO on January 1, 2007 and chair in May 2008. The 2025 Form 10-K identifies Transformative Growth and multichannel distribution as current strategic priorities.
Former Chairman and Chief Executive Officer
1999 – 2006
7 years
The 2006 succession plan provided for Liddy to remain chair while Tom Wilson became CEO on January 1, 2007.
Liddy served as chairman and chief executive officer from January 1999 through the end of 2006 after serving as president and chief operating officer from 1994 through 1998.
Former Chairman and Chief Executive Officer
1994 – 1998
4 years
His tenure included Allstate's June 1995 full separation from Sears after Sears distributed its remaining shares.
Choate was elected president and chief executive officer on August 10, 1994 and became chairman on January 1, 1995.
Former Chairman and Chief Executive Officer
1993 – 1994
1 year
He oversaw the first stage of Allstate's transition from a Sears subsidiary to a publicly traded company before Jerry Choate became CEO in 1994.
Hedien led Allstate during its 1993 initial public offering, when Sears sold 19.8 percent of the company.
Allstate must price auto and homeowners policies against changing claim severity, catastrophe losses, repair costs, and state rate-approval timelines. Its 2025 Form 10-K also identifies competition, data privacy requirements, cybersecurity, reinsurance availability, and litigation as material risks.
Tom Wilson has served as CEO since January 1, 2007 and as chair since May 2008.
Wilson succeeded Edward M. Liddy, who served as chairman and CEO from January 1999 through the end of 2006.
Jerry D. Choate was elected president and CEO in August 1994, became chairman in January 1995, and served through 1998.
Wayne E. Hedien was Allstate's chairman and CEO during the 1993 IPO, before Choate became CEO in 1994.
Tom Wilson has been the CEO for over a decade, navigating the massive shift from traditional agencies to hybrid digital insurance models.
Compare executive leadership tenures and strategic transitions
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