The Allstate Corporation 2002 Annual Report Allstate.com Home
Introduction Financial
Highlights
At a Glance
Product
Alternatives
Chairman’s
Message
Our People Financial
Section
Board of
Directors
Senior
Management
Team
Shareholder
Information
Chairman’s Message
(Opening and 2002 Results)
Meeting Customer Needs
Help Middle America
Achieve Financial Security
Improve Agency Relationships 
Deepen Relationships 
With Our Financial Partners
Simplify Doing Business
With Allstate 
Achieve Profitable Growth
Maintain Our Financial Strength
Looking Ahead
Designers Insurance Agency
Fairfax, Va.
(Photo)

Agent Wally Arcayan’s outbound marketing results have been aided by ECRM.

“My team is more targeted in its outreach,” says Arcayan.

“Putting the customer first” is too often an empty promise. Mistrust in the marketplace is real, and it creates problems for many companies. But it also creates opportunities for those who can consistently meet and exceed expectations. Allstate is working to be that kind of company.

   

In the recent era of rapid growth and mass marketing, many businesses believed the key to success was “pushing product.” Many companies still do. But it’s a strategy out of sync with today’s realities.

We know the only way for Allstate to win in a crowded and competitive marketplace is to understand and meet customer needs, one-on-one, better than anyone else in the business. So we’re constantly studying what matters most to our customers – what attracts them, satisfies them and keeps them coming back.

For example, research shows that Allstate customers closely associate our traditional protection products with other financial services. But to help make that connection a reality, we have to offer a spectrum of financial solutions – from protecting their current assets with products like auto and homeowners insurance to providing for their future financial security with savings and investment opportunities.

And we’re constantly assessing market trends to introduce new products. In 2002, for example, we redesigned some long-term care and life insurance policies and introduced important new annuity features for customers.

We also offer alternatives in terms of accessibility. We’re available to customers through Allstate’s exclusive agency network, the Internet and our toll-free telephone number. Moreover, customers can also buy Allstate products through independent agents, banks and financial services firms.

To succeed, we must pull together our various products and ways to interact with customers in ways that help us understand and anticipate customers’ current and future needs. One tool we’re testing is Enterprise Customer Relationship Management (ECRM). It’s a technology that helps us better understand our customer needs, especially in response to significant life events. It gives our agencies, our Web site and our telephone centers a better ability to interact with our customers in a more personal manner.

By tapping into true needs rather than simply pushing product, we intend to draw on the reservoir of consumer goodwill that we know exists. Customers want to be satisfied, to be delighted, to be loyal. Our job is to help make that possible.

Chairman’s Message
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Introduction Financial
Highlights
Product
Alternatives
Chairman’s
Message
Our
People
Financial
Section
Board of
Directors
Senior
Management
Shareholder
Information


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