Thread regarding Allstate Corp. layoffs

Agent here

We were told this week that within the next few months ASIC will be completely moved to a vendor in Mexico and that is who will be servicing agents. Also underwriting will have no agency support at all and will be totally eliminated. Us agents are being left out to dry.

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Post ID: @OP+1hI2Lo0h

9 replies (most recent on top)

Press one for ...NO DECISSION. PRESSS 2 FOR REJECCT ALL LINES. PRESS 3 TO BE REDIRECTED TO THE MAIN MENU. PLEASE SAY IN A FEW WORDS HOW WE MAY HELP YOU TODAY. IM SORRY WE ARE HAVING TROUBLE UNDERSTANDING. LET ME GET SOMEONE WHO CAN HELP YOU.............PRESS ONE IF YOU ARE AN AGENT ....

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Post ID: @6zwo+1hI2Lo0h

Don’t worry when you submit a WSR that gets denied the people in India push it through anyway.

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Post ID: @6zjb+1hI2Lo0h

@ufe+1hI2Lo0h not defending Allstate as much as slamming Progressive but I know too many that have taken it up the *** in dealing with progressive, I would go with GEICO.

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Post ID: @4nwn+1hI2Lo0h

Unless you are a top tier agent, you are dying a slow death. Wait until 2024 to see what 7% renewals does to your revenue and book value

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Post ID: @1ftl+1hI2Lo0h

Boo hoo hoo. Exclusive Agents are dinosaurs. Adapt or die.

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Post ID: @1dge+1hI2Lo0h

Allstate is in trouble

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Post ID: @nhd+1hI2Lo0h

At Progressive the risk either fits or does not fit. A prIce is given and there is not too much to think about. Progressive does not have a guy from Sears running the pricing dept. Auto policies are cut and dry and not a great need for a huge underwriting dept. Progressive’s expense ratio is 23 where Allstate is 27. Allstate needs to cut underwriting to get mor equity to the shareholders.

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Post ID: @ufe+1hI2Lo0h

Thanks for the insight to the op and last commenter. Do you know if underwriting is going to the same vendor in Mexico or a different vendor?

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Post ID: @grw+1hI2Lo0h

Correction. Underwriting will not be eliminated but totally automated with many cuts there.

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Post ID: @twx+1hI2Lo0h

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