Thread regarding Allstate Corp. layoffs

Allstate will never be Geico or Progressive

  • and will never defeat those companies on their home turf...EVER...

Also, the pronouncements that Allstate is giving the majority of their customer base what they want is premature....and is yet to be seen...
The last formal retention numbers were the worst in 10 years. That is not an endorsement that customers are getting what the my want...but quite the opposite..
If that number tanks further in 2021 and beyond, all of the corporate pronouncements of the customers wants and needs e.g. transformative growth have NO credibility...
This leadership team better be sweating the future retention numbers...if they continue to go the wrong direction, the value of the Allstate stock share will go with it as it will be proof that corporate leadership took this company in the wrong direction.....
I look forward to hearing the next formal corporate release of where retention is in 2021.

I couldn't agree with you more, @cgl+19VV8nWU.

by Anonymous
| 1085 views | | 3 replies (last March 30, 2021) | Reply
Post ID: @OP+1a6CSfvw
Comment! It's anonymous!

3 replies (most recent on top)

The frying pan or the fire. Insurance is all the same.

by Anonymous
| | Reply
Post ID: @1non+1a6CSfvw

Credit scoring and social scoring pricing engines and AI data scavenge rush calling it doctoral transformation. Price gouging and exploiting customers and employees.

China and Silicone Valley way.
Be careful of the words procurement and risk management. Deception

Enjoy

by Anonymous
| | Reply
Post ID: @fhd+1a6CSfvw

Customers are all over Allstate's social media pages voicing displeasure with increased premiums without cause or notice, denied claims, short payouts, bad customer service from India and the list goes on.

leadership is not giving the customers or the workforce what they need. What do you think is going to happen when Pune can't help them provide great customer service and Allstate has the WORST reputation to work for in the US? Good luck to leadership! Transformative Growth is a farce and will lead to Allstate becoming extinct like Sears.

Liberty Mutual is still recovering from Glenn.

Instead of pouring millions into tone deaf ads and ignoring customers - they need to make things right all around. I predict Allstate gets sold off piece by piece after TW and GS get done.

by Anonymous
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Post ID: @kbp+1a6CSfvw

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