FILTER BY

also on other fortune lists

Change the World

Jessica Leigh—Courtesy of Allstate

41

Allstate

ALL

U.S.

It’s always a painful bottleneck: After a fire or storm, homeowners can wait for weeks for adjusters to verify damage so they can file insurance claims. Allstate is attacking the delay with “virtual inspections,” using aerial imagery from satellites and drones and a customized video-streaming app managed by its tech subsidiary, Arity, to confirm damage from wind, fire, and hail. Customers get paid faster, while Allstate’s processing costs drop.

 

 

Looking for leads, investment insights, or competitive intelligence?

Impact Segment

Economic Opportunity/Financial Inclusion

Sector

Financials

Industry

Insurance: Property & Casualty

CEO

Thomas Wilson

Employees

42,680

Company Type

Public

Revenues ($M) (Last Fiscal Year)

$38,524

Profits ($M) (Last Fiscal Year)

$3,189

Market Value ($M)

$34,087

News about Allstate

Insurers Are Going High-Tech to Mitigate Risk This Hurricane Season

A combination of technology and predictive analysis is helping insurers head off problems before they happen.

Read More →
Fortune's Blue Ribbon Companies 2018

These 56 companies are on at least four of Fortune's 2018 rankings.

Read More →
Data Sheet—There's No Doubt Self-Driving Cars Are On the Way, But Not Soon

This is your Data Sheet newsletter for Tuesday, January 8, 2019.

Read More →
Transportation Is the 'Single Biggest Economic Opportunity in America Today': Allstate CEO

Cars are wasteful and the automotive industry is in for a rude awakening.

Read More →