In the not too distant future, Allstate will be run entirely by AI with one person at the helm.
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Blackrock sold the life book to Blackstone. the owner of Blackstone is one of the founders of Blackrock. The owner thinks it's funny people get them confused. So Blackrock didn't want the pandemic and the next pandemic to hit the Blackrock investors so the sold it to Blackstone. Same molecules, different names.
It doesn't take a genius to see the overall direction the company is moving. Corporate brass and some niche skill positions like actuary/legal/risk mgmt will stay as true Allstate employees. The rest will be done with AI and/or outsourced to vendors. Take a look at what the life & retirement division was like just 5 years ago and compare to Everlake, the company that bought the bulk of that business. The rest of the company appears to be moving towards the Everlake model with a small number of employees and everything else outsourced.
AI turda playing fake IT
As long as Wilson, Mario, and the rest of the turds pay me my decades long severance I'm fine with that. The service, products, and employee culture can't be any worse with AI running things. Good riddance...just SHOW ME THE MONEY!!!!!