NU Online News Service, June 3, 2:20 p.m. EDT

Allstate says it has the bases covered in its insurance distribution channel and is planning to revamp its business strategy to grow its property and casualty business for the future.

During its Investor Day conference on Wednesday, executives with the Northbrook, Ill.-based insurer outlined their strategy for growing business by developing a distribution network that covers all the touch points for consumers. The company is also taking steps it believes will improve the performance of its agency system through consolidation and incentivizing agents to expand their business.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.