Allstate Accelerates California Recruiting

SACRAMENTO, Calif., Feb. 23, 2011 /PRNewswire/ -- Allstate Insurance Company plans to add 120 new agency owners in California during 2011, the third consecutive year of an aggressive recruiting campaign for the insurer in the state. Allstate signed on 44 new California "exclusive agents" in 2010 and 17 in 2009.

"Allstate is committed to growing in California and to serving more Californians like only Allstate can," says William Vasquez, Strategic Deployment Leader for Allstate in California. "Our recruiters are looking for entrepreneurial professionals with financial and sales backgrounds interested in making a career out of helping people."

Candidates for Allstate agency ownership need a minimum of $50,000 of liquid capital to invest in their agency. This money is not a fee. It is operating resources that help augment the marketing and product support provided by Allstate. As owner of their own small business, these entrepreneurs are in charge of hiring licensed sales and customer service staff as part of building their business plan to serve the communities where they live and work.

"Allstate is unique among insurers because its agents own the economic interest in their business," says Vasquez.  "Allstate agents can grow that interest in their agency and eventually sell that interest if they choose. No other branded insurer has this option."

Additional Hiring Could Total More Than 600 Californians

Allstate is also encouraging its new and existing California agencies to hire 600-plus licensed sales professionals – part of the company's plan to significantly grow its auto business in the Golden State. The country's second largest auto insurance provider says it is also moving to strengthen its California presence in the boat, motorcycle and recreational all-terrain vehicle insurance markets.  

Allstate currently insures more than 2 million California cars and trucks and has more than 3,500 agents, support staff and employees in the state.

Interested candidates can learn more about owning an Allstate agency by logging on to www.allstateagent.com or by contacting Linda Black, senior recruiting consultant in California, at (916) 859-8804 or [email protected].

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 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®.

SOURCE Allstate Insurance Company

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