The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

Allstate Recruiting for 35 New Agency Owners in Ohio in 2012

Tuesday, April 03, 2012

Allstate Recruiting for 35 New Agency Owners in Ohio in 201209:00 EDT Tuesday, April 03, 2012Company Offering $5,000 Referral if Candidate is AppointedCOLUMBUS, Ohio, April 3, 2012 /PRNewswire/ -- Business professionals looking for a second career may want to look twice at becoming an Allstate agency owner in Ohio. The nation's largest publicly-held personal lines insurer is seeking individuals with management experience to invest in owning an exclusive Allstate agency. The company plans to appoint 35 new insurance agency owners in Ohio in 2012 and is offering a $5,000 referral award to anyone who recommends a qualified candidate, to be paid upon appointment. In addition, Allstate's new and existing Ohio insurance agencies plan to hire more than 200 licensed sales professionals through the year. The company is seeking to increase agency presence across the state and specifically in Cincinnati, Cleveland, Columbus, Dayton, Toledo and Youngstown. Allstate is currently the fourth-largest auto insurer in Ohio with 760,523 vehicles insured in the state."We see a significant opportunity in the current economy for entrepreneurs and mid-career professionals who are looking for a business opportunity with a recognized brand," said Ted Stefanov, Allstate's Ohio Agency Sales Leader. "Successful Allstate agency owners have historically come from management or sales backgrounds, and no prior insurance knowledge is needed. Product and sales education is included in the broad support we provide to agencies."To help with its search, Allstate Insurance Company in Ohio is offering a $5,000 referral award to anyone who refers a candidate who meets qualifications and is appointed as an Allstate exclusive agent in 2012. Candidates need a minimum of $50,000 of liquid capital to invest in their agency. The advantage of investing in Allstate is agency owners are able to leverage one of America's most recognized brands without ever having to pay a franchise or licensing fee. Agency owners are independent contractors, not employees of Allstate. The capital invested in the business will go directly toward the success of that agency. "Allstate is unique among all other insurers because its exclusive agents own the economic interest in the business that they write from day one," said Stefanov. "Allstate agency owners can sell the economic interest in their agency. No other branded insurer has this option. If you enjoy working with people to help protect the things they value most and prepare them for the future, you'll enjoy running an Allstate agency."Interested candidates can apply to become an Allstate agency owner by visiting www.allstateagent.com or by connecting with Allstate recruiter Jamie Newton at 248-994-9263 or Jamie.Newton@allstate.com.The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®. As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $28 million in 2011 to thousands of nonprofit organizations and important causes across the United States.SOURCE Allstate Insurance CompanyFor further information: Meghan Cass, +1-248-994-9394, Meghan.Cass@allstate.com