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Allstate takes a holistic approach to managing the risks we face...
Risk Management
We analyze how natural disasters, changing economic conditions, operational challenges, regulatory changes and other market forces may affect our business. From there, we determine how much capital we need to meet our commitments and execute our business strategy to protect our customers and provide appropriate returns for our shareholders given various stress scenarios.
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Our Risk Management Function
In 2004, Allstate's board of directors established a senior management advisory committee called the Enterprise Risk and Return Council (ERRC). ERRC sees enterprise risk management as a disciplined, holistic, and interactive approach to risk that:
  • Provides additional insight when setting strategy across Allstate
  • Identifies potential events that could have a significant impact on Allstate
  • Manages risk and optimizes our overall profile consistent with Allstate's appetite for risk
  • Provides greater assurance of achieving Allstate's objectives
  • Allows Allstate to achieve a return commensurate with the risks taken
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The ERRC oversees risk management throughout the company. The committee consults with more than 50 top managers to understand how various risks affect our business. Led by the CEO, the committee meets regularly to evaluate and prioritize these risks and fine-tune risk mitigation strategies.
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Allstate summary annual report
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Related Materials
Governance
Allstate values and policies guide all out business actions.
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Ethics and Compliance
Allstate took several proactive steps to reinforce the importance of doing the right thing.
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Risk Management
Allstate takes a holistic approach to managing the risks.
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Contact Us
Call 1-800-ALLSTATE
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