Starting as a tire company, Allstate dominates the insurance industry today with assets of around US$103.4 billion and 53,000 employees. The company was founded on 17 April 1931 by its parent company, Sears, but in 1995, Allstate became completely independent. Allstate is a public company located in Glenview, Illinois, and is part of the S&P 500 companies. In addition, the company offers a wide range of insurance products, such as home, life, off-road vehicle, motorcycle, auto, renters, boat, condo, business insurance, and investment, as well as banking services. Allstate also offers personal insurance services in Canada. Its key people include Thomas J. Wilson, Jerry D. Choate, and Edward Liddy. In 1950, Allstate's slogan, ""You're in good hands,"" was created by Davis W. Ellis.
New York Life Insurance Company is the leading private insurance company based in the New York Life Building, United States. Founded in 1845, its first president was James De Peyster Ogden. NYLIC is one of the top life insurance and mutual life insurance companies in the U.S. The company was formed in Manhattan's Financial District in 1841 and was granted the first life insurance charter. Until 2016, NYLIC was the third-largest life insurance company in the United States. The company was also involved in philanthropic and charity work with its New York Life Foundation. By total revenue, the company ranked 71st among the Fortune 500 companies in 2023. Craig DeSanto is the company's current CEO. In addition, the company had 15,050 employees in 2022.
The Travelers Company is a big American insurance company based in New York City, United States. Founded in 1853, it became one of the largest insurance companies in the U.S. The company ranked 98th on the Fortune 500 list of U.S. companies with high revenue. Over 30,000 employees work under Travelers, and about 15,000 agents and brokers are involved in their business across the U.K. and Ireland. The Travelers company offers personal and commercial property insurance services to organizations, businesses, and government associations. It provides many insurance services, such as personal insurance, bond and specialty insurance, and business insurance.
Old Republic International is a U.S.-based insurance company, formed in 1923 and headquartered in Chicago, Illinois, U.S. It provides property and title insurance. Currently, Craig R. Smiddy is serving as the President & CEO of the company. The company provides insurance services to many financial and industrial institutes in North America. It also owns many subsidiaries that offer risk management services for insurance. Old Republic International company is the 50th largest shareholder-owned business. This company is also listed on the Fortune 500 list of the top American companies.
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