Tom Wilson

Tom Wilson has served as Chairman, President, and CEO of The Allstate Corporation since 2007, leading one of America's most recognized insurance brands (known for the "You're in Good Hands" tagline) through some of the most challenging years in property-casualty insurance history. Allstate is the third-largest personal lines insurer in the US, providing auto, homeowners, and other insurance products through a network of independent agents and direct digital channels. Wilson navigated Allstate through the devastating 2022-2023 period when the US property-casualty industry faced its worst combined ratio in decades, driven by soaring auto repair costs (due to vehicle technology complexity and parts inflation), increased weather catastrophe frequency, and social inflation in liability claims. His response was aggressive: Allstate implemented some of the largest rate increases in its history, reformed underwriting standards, and exited unprofitable geographies (notably reducing homeowners' exposure in California and Florida). His key strategic decisions involve pricing adequacy (the balance between rate increases for profitability and market share retention), catastrophe risk management, the ongoing digital transformation of distribution (growing direct-to-consumer while maintaining agent loyalty), investment portfolio management, and capital return strategy. Wilson also made significant structural moves including selling Allstate Life Insurance to concentrate on property-casualty and acquiring National General to expand the independent agent channel.