StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Allstate Insurance Company Social Responsibility - Essay Example

Comments (0) Cite this document
Summary
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…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.5% of users find it useful
Allstate Insurance Company Social Responsibility
Read Text Preview

Extract of sample "Allstate Insurance Company Social Responsibility"

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
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Allstate Insurance Company Social Responsibility Essay”, n.d.)
Retrieved from https://studentshare.org/business/1450335-organizational-profile
(Allstate Insurance Company Social Responsibility Essay)
https://studentshare.org/business/1450335-organizational-profile.
“Allstate Insurance Company Social Responsibility Essay”, n.d. https://studentshare.org/business/1450335-organizational-profile.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Allstate Insurance Company Social Responsibility

The Company Targets Customers

As a principle, HP doesn’t reveal non-public product details, financial information, marketing, R &D, manufacturing, and Personnel Data. We will work on whatever information the company discloses and is available in the common domain of knowledge to assess our strengths, marketing mix, current strategies, current events, and global information and discuss how they can be more streamlined in. In today’s world, no amount of market strategizing is enough, no amount of competitor’s latest strategies and innovation and we have always to remain in an ever-evolving role.
We have chosen our Personal Computer as the product of our current study. Just for sake of recall, we make mention of current product segmenta...
8 Pages (2000 words) Case Study

The Social and Cultural Contexts of Deviance

Generally, deviance is a behavior that is seen as harmful, disruptive, or criminal. However, it may come as the result of being statistically unique. This brings into question whether there can be positive deviance. For example, if a student got straight A+ grades, the Underachievers Club may view them like a deviant. As a group, they may place sanctions on them above and beyond what they would the average student. This illustrates the concept that deviance must be seen through the lens of the social or cultural context that it takes place in (Keel, 2008).
Social norms are the types of behavior that are established and maintained by society and are considered to be acceptable. Because deviance is the transgression of a norm a...
9 Pages (2250 words) Literature review

Company Strategy to the Public Sector

The definition of corporate strategies emphasizes the need for the organization to satisfy the needs of all the stakeholders if the organization is to achieve its overall objective of maximizing shareholder value. Stakeholders include employees, customers and the communities in which the organization operates. Employees, customers, and communities, therefore, have a significant impact on the success of the organization and thus on the corporate strategy of the organization. In formulating corporate strategy, organizations need to identify and priorities strategic issues, which involve scanning, selecting, interpreting and validating information. (Schneider, 1989).
The aim of this paper is to explain the strategy of an organiz...
7 Pages (1750 words) Assignment

Company Law Issues

Various sections of the CA are coming into force over a staged process and the relevant provision relating to authority is sections 39 and 40, which came into force on 1 October 2007.

Section 39(1) of the CA provides that “the validity of any act done by a company shall not be called into question on the ground of lack of capacity by reason of anything in the company’s constitution”

Additionally, section 40(1) provides that: “In favor of a person dealing with a company in good faith, the power of the board of directors to bind the company, or authorize others to do so, shall be deemed to be free of any limitation under the company’s constitution”.

Section 40 (2)...
9 Pages (2250 words) Case Study

Decision Making in Health and Social Care

... (Jensen and Meckling, 1976). In the health and social care industry this becomes more complex because insurance companies come into the picture as a third party. If, as the above explanation to the principals versus agents theory shows, agents behave in a manner that reduces transparency and increases risk to the principals or shareholders what would be the alternative in caring for those who are uninsured or lack adequate funds for health care? In a health care organization this is apparently the relationship between the hospital staff including paid managers and the shareholders. Decisions taken by managers to increase efficiency and profitability would negate the desires of customers but would benefit shareholders. Apparently...
8 Pages (2000 words) Case Study

John Rawls vs Robert Nozick: Social Justice

It is logical to look at political philosophy within the framework of history and ethics emerging from it. As could be observed, the question of justice, and how we perceive its nature has remained the prime concern throughout history. This will include, among other things, the existence of specific obligations towards each other and towards the state, the existence of natural rights, claims of property/liberty and equality.

In face of this, the Anglo-American political philosophy has seen famous philosophers like John Rowels, Robert Nozick and recently Amritya Sen to focus on issues and arguments concerning the above...(political Philosophy, 2005 pp1)

As political philosophy is about politics mainly, it s...

6 Pages (1500 words) Coursework

Lack of Health Insurance for the Mentally Ill

Worse, because the family sometimes cannot afford to cover their medical expenses, these mentally ill patients end up with no medical care at all; they are forced to suffer the debilitating symptoms of their mental illness and to be subjected to worsening mental and general health conditions.
This paper shall discuss the lack of insurance among mentally ill patients. It shall first describe the mental health issue and the student’s position on such an issue. This paper shall also explain why this position is important and the relevance of the position to nursing practice, the mentally ill, and society. The rationale of this position shall be clearly explained and two factors that contribute to this issue shall be identi...
8 Pages (2000 words) Assignment

Contrast of Two Explanations of Social Disorder in Contemporary UK Society

As the process of urbanization takes off and more people start residing in major cities, the fissures start to appear within the apparent harmonious co-existence. There are several reasons why disorderly conduct on part of individuals and groups takes place. Sociologists have proposed numerous theories explaining this phenomenon.

Erving Goffman was an astute observer of society, who immersed himself in the social environment which he was studying. He carefully observed and recorded the ways in which people’s behavior and interpersonal interactions are carried out in everyday life. He notes that “people perform their social roles and, as they do so, they produce social order through their actions and the regu...
6 Pages (1500 words) Article

Business Sustainability and Society: Coca-Cola Company

For centuries, ethics has been a crucial and significant component of human societies that contributed enormously to the creation of norms and values through religious influences, as well as through the contribution of intellectuals and philosophers in society. Unfortunately, nowadays, it is an observation that individuals, organizations, and even nations have commenced overlooking the phenomenon of ethics in their practices, specifically in the business sector that has become the major stakeholder confronting criticisms related to ethical practices. Critics (Crane, pp. 23-29, 2007) argue that business ethics has now become a component limited to theoretical policies and frameworks of business organizations, and such principles an...
10 Pages (2500 words) Case Study

Principle of Mutual Responsibility of Disclosure

... Mansfield. Lord Mansfield though rejected Carter’s claim for not having disclosed the material facts, he cited an example of the insurer insuring the ship knowing full well that it had already arrived. He observed that good faith prohibited either party from hiding the fact so as to tempt the other into a bargain. The principle of mutual responsibility of disclosure was challenged by the underwriters in Banque financiere de la Cite SA v Westgate Insurance Company Ltd2. Although a non- marine case, it may be relevant for the purpose of utmost good faith principle. A group of banks advanced monies to four companies represented by one Mr Ballestro on the basis credit insurance policies. The gemstones deposited as security for the loan turned...
6 Pages (1500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Allstate Insurance Company Social Responsibility for FREE!

Contact Us