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Stock impact report

Allstate's Data-Driven Business Transformation Initiative [Forbes]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
Company Research Source: Forbes
Signage is displayed outside Allstate Corp. campus in Northbrook, Illinois, U.S., on Sunday, Jan. 29, 2017. Photographer: Christopher Dilts/Bloomberg © 2017 Bloomberg Finance LP Like the majority of legacy firms today, Allstate Insurance , founded in 1931 as the insurance arm of Sears Roebucks, must find new ways to compete in an increasingly competitive and digital marketplace. Luckily, Allstate was spun out of Sears in 1993, and unlike Sears, has continued to grow and prosper. While Allstate is the 2 nd largest provider of property and casualty insurance in the U.S. according to A.M. Best, Sears has become the poster child for how data-driven tech giants, in this case Amazon, can thoroughly disintermediate and destroy a once thriving and iconic company. In stark contrast to Sears, Allstate has demonstrated a commitment to leveraging data as an enterprise asset that can be used to transform business processes and services. Under the leadership of Allsta Show less Read more
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