Going under NatGeneral by end if month. Total debacle in handling of Esurance last year and a half
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This isn't exactly true. Esurance is being integrated into the Nat-Gen systems. It's still under the Allstate umbrella.
Trying to better match Esurance and Nat General high-risk customer profiles together rather than letting those costs bleed into the Allstate agent and direct channel which would only further limit potential growth. Earnings release tonight and analyst call tomorrow AM should provide insight into Transformative GROWTH progress (or not). Last quarter was awful--auto policies up 15,000 in the Allstate/Esurance combined group on a base of 20+ million. The acquisition of Nat Gen juiced the overall Allstate number but now we'll see whether that business actually grows.
Who cares how you brand Esurance? Everything Allstate leadership has done with Esurance is the equivalent of putting lipstick 💄 on a pig 🐷! In stead of wasting time on how to rebrand Esurance, Allstate leadership should try to turn a profit in the Esurance division.
Everything this toxic sewer of a company touches turns to pure sh!t.
Another Allstate holding company run into the ground
Not like Allstate will let them run their own business. I think NatGen has seen that recently with the amount of blue shirts taking on management roles
I just heard about this earlier today. So I guess they're still going to be under the Allstate umbrella though, won't they? Have they said what's really going to change?