![]() ![]() Progressive recorded more than $33.17 billion in direct premiums written last year. Even if it were, the addition combined with the National General revenue wouldn’t be enough for Allstate to dethrone Progressive as the nation’s No. 15 with more than $3.15 billion in direct premiums and a 1.26 percent share.ĭun & Bradstreet has projected SafeAuto brings in $438.01 million companywide today, but not all of that is going to be derived from private passenger auto insurance premiums. ![]() Prior to its acquisition, National General had been ranked No. 4 private passenger auto insurer last year with nearly $22.73 billion in direct premiums written and a 9.11 percent market share. “I wish to thank all of our past and present associates for their contributions to our success during our 27-year history.”Īllstate was the nation’s No. “I am confident that combining forces with National General with the backing of Allstate will allow SafeAuto to grow its platform in the non-standard space,” SafeAuto Chairman and co-founder Ari Deshe said in a statement. “SafeAuto will accelerate our strategy of offering affordable protection solutions by lowering costs and lead to higher growth,” National General President Peter Rendell said in a statement Tuesday. SafeAuto broadens the company’s product and distribution footprint.” “We are delighted to turn the reins over to Allstate and National General, which together, will take Playing It Safe with SafeAuto to the next level.”Īllstate said SafeAuto would “add capabilities and distribution” to National General’s nonstandard auto insurance direct business “and leverage National General’s track record of acquiring and integrating companies to accelerate growth. “It has been an honor to have worked with so many these past 27 years building SafeAuto into a company dedicated to making the purchase of auto insurance easy and affordable,” SafeAuto co-founder and Vice Chairman Jon Diamond said in a statement. Allstate plans to fold it into National General, which Allstate recently bought for $4 billion., following the SafeAuto purchase’s expected third-quarter closing. SafeAuto does business in 28 states and focuses on affordable state minimum auto insurance. ![]() The company is also proud to offer 24-hour service every day of the year.Allstate announced Tuesday it would buy nonstandard auto insurer SafeAuto for $270 million in cash and about $30 million worth of “pre-close dividends of certain non-insurance assets.” Working to provide superior customer service, SafeAuto provides coverage that is designed to "keep you legal for less." Services are available through the SafeAuto website, by phone, and via a mobile app introduced in 2013. In partnership with Augeo Benefits, the company also offers health insurance. SafeAuto provides a full range of auto-related insurance services that provide the minimum limit of insurance required by the customer's respective state, as well as comprehensive coverage. Past opportunities have been posted in career fields like insurance, software development, and customer service. Eligible employees receive paid time off, health benefits, and performance-based bonuses. It also encourages a culture of "do" through strategic execution and critical thinking. The company makes a point to promote from within wherever possible and encourages career growth. As an employer, SafeAuto regularly seeks qualified candidates to join its team. In the past, SafeAuto has offered flexible employment opportunities in the form of part-time jobs with alternative and flexible schedules and hybrid and 100% remote work options. Founded in 1993 by John Diamond and Ari Deshe, SafeAuto is headquartered in Columbus, Ohio, and serves customers across the United States. SafeAuto is a privately-held company that offers casualty and property auto insurance. Researched & Written by Jessica Howington on the FlexJobs Team ![]()
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