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Allstate Insurance Company Social Responsibility - Essay Example

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Title: Allstate Insurance Company Social Responsibility Name: Tutor: Course: Date: Introduction Allstate insurance company whose hometown is Chicago was established over 50 years ago with a major concern focused on the welfare of the community. The company has at all times been at the forefront seeking to better understand the challenges facing the community it serves…
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Allstate Insurance Company Social Responsibility
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Download file to see previous pages In general, the company and all its managerial including all its employees, families, and agency owners are enthusiastically involved in enhancing and bettering the living state of communities across the country. Allstate insurance’s main concern is to protect the people and be at the forefront in helping to put the people’s lives back together. In many cases, the Allstate Company runs cleanup campaigns, lends a hand to the needs of established youth groups in the country, aids in raising funds for various needy organizations, seeks to create links with other organizations, and creates awareness for valuable issues of all kinds. In the recent past for instance, the company committed itself to build yet another playground in the city of Chicago, raised funds for the Museum of Science and Industry exhibits, funded the Chicago Children’s Museum, and supported a reading program in the city. Further, Allstate Insurance is committed to sponsor other organizations where such as the Goodman Theatre, the Mexican Museum, and the Chicago Urban League among a host of other responsibilities. In pursuit to achieve its priorities of serving the community in the most and efficient way possible, Allstate Insurance Company has developed a credible criterion of investing in communities. This involves three well established and enforced ways: I. Financial Resources – this has been the key drive for Allstate Insurance Company. It involves being useful and depended on by other organization and groups. It structures itself in a way that other organization and small group can look unto the company whenever need arises. The company raises funds generously to the organizations and groups that are truly in need. It does this in the form of grants emanating from “The Allstate Foundation”, donations, and contributions from various corporate. II. Time – Allstate Insurance has put into consideration the value of time and has implemented a way of utilizing every single minute in the most effective and efficient way. They achieve this by ensuring that all employees participate actively in all activities undertaken in the company. It also makes sure that all its officers and agency owners are actively involved in all community programs, nonprofit boards, and community event such as creating relevant awareness. III. Leadership – Allstate Insurance Company has taken a step further to enhance its leadership. In doing this, the company commits itself to create a mutual relationship with other organization and joining them to address critical issues affecting the communities they serve. By so doing, the company remains up to date of even issues that could otherwise go unnoticed in the community. This also involves funding and providing support where necessary to enhance the activities. Further, Allstate has divided the communities into three groups just to enhance timely and effective operations: i. Local communities – this is where the company’s clients and agency owners reside and work. Moreover, agency owners and the clients invest their time and funds in the local communities as they are well protected and offer certainty. ii. Chicago Metro Area – this is due to the fact that Chicago is the hometown of Allstate Company and therefore access is almost perfect and management is enhanced. iii. National – ...Download file to see next pages Read More
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