Channel > Financial Advisors

In 1999 Allstate introduced the Putnam Allstate Advisor, a variable annuity that combines the investment expertise and experience of Putnam Investments with the protection and security of Allstate insurance coverage. The Putnam Allstate Advisor enjoyed one of the fastest starts of any financial services product, with more than $800 million in sales in its first seven months. Allstate is exploring additional financial services products that satisfy people's investment and protection needs.

"The Putnam Allstate Advisor experienced one of the most successful variable annuity product launches in history," says Jane Mancini [left], managing director of Insurance Products for Putnam Investments. She's shown with Lillian Bikash, a Putnam Allstate Advisor customer, in Boston near Putnam's headquarters. "This variable annuity is the best way for me to meet my investment needs and retirement goals," says Bikash. "It has the strength and backing of two great names in financial services —Allstate and Putnam."

Allstate believes that investment products complement our insurance coverage, as a way of meeting the long-term financial needs of consumers. These products include life insurance; fixed and variable annuities; group pensions; structured settlements; accident, health, term life and credit insurance marketed through third parties; and life, health and disability products sold through the workplace.