| |
Allstate
Insurance Company
"The insurance business is a knowledge business. We
don’t have a product you buy off the shelf—our people
are our product, so they need to be the best they can be. That’s
a formula tailor-made for continuous learning. There is no real
product on the shelf. Our people make the product come alive,
which is why workforce education is critical to the success
of Allstate.” - Edward M. Liddy, Chairman, President,
and CEO, Allstate Insurance Company
With 5,900 employees in Chicago and 41,000 worldwide, the Allstate
Insurance Company is the nation’s largest publicly held
personal lines insurer, providing insurance products to more
than 14 million households. First and foremost, the insurance
business is a knowledge business and Allstate faces a challenge
of delivering a wide array of high-quality training to its employees
located across the country. In response the firm has made a
substantial investment in learning technologies and supplied
its entire workforce with desktop computers. Central to Allstate’s
response is its use of “blended learning solutions,”
a method of educating at a distance using technological delivery
methods, combined with some form of classroom training. At Allstate,
these solutions include a mix of online learning, instructor-led
teaching, role-playing, videos, peer learning, on-the-job problem-solving,
and programs based on strategic alliances with colleges and
universities.
Now, roughly 50% of the firm’s educational offerings
entail some type of blended learning solution. Much of the learning
has been customized to align it with the business’s strategic
priorities and can be accessed by employees during company time.
The educational offerings cover a wide spectrum from basic computer
training, advanced database and programming classes, leadership
development, interpersonal skill training to insurance certifications.
Allstate offers monetary incentives for employees completing
critical industry certifications and has a generous tuition
reimbursement policy for graduate and undergraduate levels.
The new approach to designing and delivering effective learning
solutions at Allstate has decreased turnover among key IT positions
and increased efficiencies and eliminated redundancies in its
education and training offerings. As a result, Allstate was
named to Training Magazine’s list of top training organizations
for 2001 and 2002.
Click
here to view full case study. The information presented
here was assembled in 2002. This does not necessarily represent
the current status of Allstate.
|

|