Thread regarding Allstate Corp. layoffs

Has anyone heard any rumors about what will happen to ASIC

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| 1761 views | | 10 replies (last September 15, 2022) | Reply
Post ID: @OP+1iIOAYHQ

10 replies (most recent on top)

Thrown into a volcano in an attempt to appease the God of missed earnings projections.

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Post ID: @1slg+1iIOAYHQ

I heard rumblings of no severance for less than 5 years tenure as well this go around but for over 5 years it is the same 2 weeks pay per year of service as it has been.

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Post ID: @1gnd+1iIOAYHQ

ASIC is offshored and Underwriting is eliminated aside from processing, which is also offshored.

There will be no severance offered this time for those under 5 years of tenure, and everyone else will be entitled to 1 week of pay for every 2 years worked.

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Post ID: @1hho+1iIOAYHQ

Do you know if there will be severance if we get laid off?

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Post ID: @1xmu+1iIOAYHQ

Per the meetings we had most of ASIC chat is going to non-Allstate vendors outside the USA so agents will be chatting in with foreign non-Allstate employees for help. Most of underwriting is being automated and no live underwriting support will be provided to agents. Agents will open WSR's or use Right Answers portal for underwriting assistance.

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Post ID: @1one+1iIOAYHQ

Accounting is done in India through the wsr. The in house accounting team disbanded over a year ago. ASIC still answers billing questions but just not accounting requests

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Post ID: @1jyw+1iIOAYHQ

If you chat ASIC with a biiling question they will tell you to submit a WSR to investigate instead of just letting you email over a bank ststemnt to the ASIC chat person. That WSR will go where?

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Post ID: @1gdc+1iIOAYHQ

Not sure about asic but I do know that ccc leadership knows the date, phases, and total number impacted when unlicensed goes to the contractor. They admitted they know all this but can't tell us yet.

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Post ID: @1ahr+1iIOAYHQ

What was the 4 R speech?

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Post ID: @1pft+1iIOAYHQ

Not really but the sudden unmerger of ASIC and underwriting after that was their big pet project over the last six or so months in addition to halting most underwriting projects doesn't bode well for both areas. And the mysterious "4 R's" speech/message is pretty telling.

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Post ID: @dzf+1iIOAYHQ

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