Allstate’s Employer Voluntary Benefits business
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Allstate’s Employer Voluntary Benefits business - overview
Location
Northbrook, IL, US
Primary Industry
Insurance
About
Based in the US, Allstate’s Employer Voluntary Benefits business is a division of Allstate Corporation that provides employer insurance benefits to its customers. In August 2024, The Standard agreed to acquire Allstate’s Employer Voluntary Benefits business from Allstate Corporation for approximately USD 2 billion in cash. The company provides supplemental and voluntary workplace benefits, including whole life, universal life, accident, hospital indemnity, cancer, and critical illness coverage. As of August 2024, the firm offers protection to over 3.
5 million customers.
Primary Industry
Insurance
Sub Industries
Personal Insurance, Life Insurance, Health Insurance
Verticals
InsureTech
Total Amount Raised
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