NORTHBROOK, Ill., June 3 /PRNewswire-FirstCall/ -- Recognizing the brand
awareness and power of the Allstate name, Glenbrook Life and Annuity Company
today announced that the company's products will be rebranded for marketing
purposes as Allstate. For more than a decade, Glenbrook Life and Annuity
Company has been a premier provider of fixed and variable annuities and life
insurance products. The full line of Glenbrook's financial products is sold
through financial institutions across the country and is backed by the service
and reputation synonymous with Allstate Life Insurance Company, Glenbrook's
parent company.
The Allstate brand represents 70 years of providing protection and
security to generations of Americans for their insurance needs, with one out
of every eight households trusting Allstate for protection. The brand change
from Glenbrook Life to Allstate reflects a unified approach to offering
clients a broad portfolio of protection, investment and retirement solutions.
"Consumers and financial institutions recognize the Allstate brand, its
reputation and its financial strength," said Rob Shore, senior vice president,
Glenbrook Life. "Our focus and dedication to our financial partners remains
as strong as ever. This rebranding further reinforces our position as a
leading provider of retirement products to financial institutions
countrywide."
While the marketing name will change to Allstate, the underwriting and
issuing company for the contracts will remain Glenbrook Life and Annuity
Company, as required by applicable law and regulation.
Allstate Financial Group is a business unit of The Allstate Corporation
(NYSE: ALL), representing the affiliates that provide life insurance,
retirement, investment and health and disability insurance products. Allstate
Financial is the marketing name for Allstate Life Insurance Company, its
subsidiaries and certain affiliates. Widely known through the "You're In Good
Hands With Allstate(R)" slogan, Allstate Financial can help its customers
achieve a secure financial future with a broad array of retirement solutions.
Allstate Financial is also a premier provider of mutual funds, annuities, both
fixed and variable, as well as long-term care insurance. In addition, the
Allstate Workplace Division of Allstate Financial offers life, health and
disability insurance through employee payroll deductions. Customers can access
Allstate Financial products and services through thousands of financial
professionals, including Allstate agents, independent agents, and
representatives of certain banks and securities firms.
SOURCE Allstate Financial Group
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Related links:
http://www.allstate.com
Company News On-Call:
http://www.prnewswire.com/comp/109395.html
CONTACT:
Laura Margolis, Media Relations of Allstate
Financial Group, +1-847-402-5600
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