Anurag Chandra Named Chief Operating Officer, Allstate Financial

Submitted by: Chris Da

The Allstate Corporation (NYSE: ALL) today announced that Anurag Chandra, 33, will join Allstate Financial as chief operating officer, effective Jan. 31. Chandra will report to Matthew Winter, president and chief executive officer, Allstate Financial.

“Anurag’s significant operational experience and broad insurance industry knowledge will help drive Allstate Financial’s long-term strategy and enhance our ability to deliver growth,” said Winter. “He will be responsible for product development, asset liability management, underwriting and wholesaling in our life and annuity lines of business. Anurag’s expertise in repositioning a business to align its core capabilities with marketplace demand is particularly relevant to what we’re doing at Allstate Financial, as we refocus on our core business of insurance, retirement and investment products.”

Before joining Allstate, Chandra was executive vice president and chief operating officer for HealthMarkets, Inc., North Richland Hills, Texas, which has grown from a niche individual health insurance manufacturer into a large independent distributor of insurance and retirement products for the self-insured and small business markets. As part of the company’s repositioning, Chandra helped lead the 2009 launch of Insphere Insurance Solutions, an insurance agency subsidiary which distributes small business and middle-income market insurance products in 50 states and the District of Columbia. Before joining HealthMarkets in 2008, Chandra held senior operating and strategic development roles at Aquiline Capital Partners, Nationwide Financial Services and the Bankers Life and Casualty subsidiary of Conseco. He began his career as a consultant with McKinsey and Company’s financial institution practice. Chandra received a master’s degree in operations research from the Massachusetts Institute of Technology’s Sloan School of Management, and a bachelor’s degree in computer science from the Indian Institute of Technology, New Delhi, India.

The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate ” slogan, Allstate is reinventing protection and retirement to help more than 17 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate .

Contact:

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Maryellen Thielen

(847) 402-5600

* The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer.

* It is widely known through the “You’re In Good Hands With Allstate ” slogan.

* Allstate provides insurance products to more than 17 million households.

* Customers can access Allstate products and services through Allstate agents, or in select states at allstate.com and 1-800-ALLSTATE .

* EncompassSM Insurance brand property and casualty products are sold exclusively through independent agents.

* Allstate Financial Group provides life and supplemental accident and health insurance, annuity, banking and retirement products designed for individual, institutional and worksite customers that are distributed through Allstate agencies and independent agencies.

* Allstate was founded in 1931 as part of Sears, Roebuck & Co.

* Allstate became a publicly traded company in 1993. At the time, its initial public offering was the largest in U.S. history.

* On June 30, 1995, it became a totally independent company after Sears divested its remaining shares to Sears stockholders.

* Allstate, based in Northbrook, Illinois, is one of the nation’s leading insurers in urban areas and has supported auto and highway safety reforms, including seat belts, air bags, and teen driver education.

* The company has won numerous awards over the years for its philanthropic, employee volunteerism and diversity efforts.

About the Author: For more information visit Allstate Insurance Digital Newsroom(

allstatenewsroom.com

) Chris D is an advocate for Allstate Insurance.

Source:

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Auto Insurance For Fort Myers Drivers

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byAlma Abell

All drivers need auto insurance Fort Myers coverage so they can continue to drive their vehicles with peace of mind. However insurance is more than just a policy you have for peace of mind. It is also there for the protection of other drivers and pedestrians on the road. if you are a driver in Fort Myers and you are looking for a new insurance policy, there are many different options available to you. You can meet with a third party auto insurance Fort Myers broker who can put you in touch with many different insurance carriers. In this way you will be able to compare quotes in order to find the lowest one for your needs.

Getting the best rates

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Whenever you are purchasing something, you most likely shop around until you find the best deal. There is no difference when shopping for auto insurance Fort Myers coverage. You will need to compare rates before committing to one particular carrier. This will allow you to have an idea of what the going rates are so that you can choose the best possible rate. In order to compare multiple policies at once, you will want to work with an insurance broker who can help you get access to many different insurance carriers at once.

Comprehensive and collision

If you are leasing a car, you will want to make certain that you have both comprehensive and collision coverage. This is because when it is time to get your car fully paid off you can then downgrade your insurance if you choose. Until that time, the car is not yours and so you will need to make sure the full price of it can be repaid through the insurance companies. Otherwise you will have to repay the loan on the car as well as new car payments for your next car if you get into an accident. When it comes to car insurance, Fort Myers insurance companies can provide you with all of the coverage you need.

New driver insurance

If you are a new driver needing auto insurance, Fort Myers insurance companies can still offer you coverage. However the only difference is that you may have to pay a higher premium initially. Although this can seem unfair, it is a risk to the insurance provider because they don’t know what type of driver you are as of yet. This is why it is important to get the coverage you need as soon as you get your license and so when you are ready to drive you won’t pay as much as before.

Find out more about getting auto insurance coverage in Fort Myers by contacting Lee County Insurance Agency!