No. 37: Allstate Insurance Company

Allstate Insurance Company Logo
Why It’s on the List

A long-time DiversityInc Top 50 participant, Allstate has made significant progress in the past two years. The efforts start at the top. Chairman, President and Chief Executive Officer Thomas J. Wilson personally reviews and signs off on diversity metrics and progress and meets regularly with the company’s resource groups. Wilson chairs the executive diversity council, which meets quarterly and establishes and signs off on diversity goals and metrics.

Allstate’s mentoring program is cross-cultural and consistently available to managers across the organization. The program has cultural-awareness training for mentors, mentoring relationships are formally evaluated every six months and there is formal follow-up. Measurable goals are in place to assess the program’s success.

The company offers a cadre of work/life benefits, such as adoption assistance, dependent-care benefits and retirement transition.

Allstate has 28 company-wide resource groups it uses for on-boarding of new hires, mentoring, talent development and marketing. Senior executives are members of each group and the groups provide feedback and recommendations on diversity-training-course design, content and delivery.

Forty percent of the company’s philanthropic endeavors are directed toward multicultural communities. The company makes donations to groups offering scholarships for multicultural students, such as historically Black colleges and universities, Hispanic-serving institutions and UNCF. Half of its senior executives in the top two levels sit on boards of multicultural nonprofits.

Diversity Leadership
Thomas J. Wilson Photo Thomas J. Wilson
Chairman, President and Chief Executive Officer:

“Inclusive diversity is a core part of Allstate. We proactively break down barriers, leverage our differences and find reasons to change rather than excuses to stay the same. Diversity is about people, and people are the key to our success.”

Michael Escobar Photo Michael Escobar
Vice President, Chief Diversity and Organization Effectiveness Officer:

“Inclusive Diversity is a key business strategy and competitive advantage for Allstate. It’s about creating a work environment where individual differences are valued so that all employees can reach their potential while maximizing their contributions to our company, customers and shareholders.”

Company Information

U.S. Headquarters: Northbrook, Ill.

U.S. Employees: 32,330

Last Year’s DiversityInc Top 50 Ranking: No. 43