Allstate’s CEO Wants to Change the Way People Give Companies Their Personal Data

Allstate is an insurer, right? Nope, says CEO Tom Wilson: “We’re a customer-focused data company.”

While Allstate does, of course, offer insurance (in fact, it’s one of the biggest insurance companies in the U.S.), its massive trove of customer information is what keeps the company one step ahead of its competitors, Wilson said Monday at Fortune Brainstorm Reinvent in Chicago, noting that Allstate pulls data from 1.2 million people every day. Fintech upstarts have tried to enter the...

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