Brokers | 1 min read

We’re in Good Hands: InfoArmor Acquired by Allstate

  

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Today we are pleased to announce that InfoArmor will be acquired by The Allstate Corporation. After closing, which we expect to happen later in 2018, InfoArmor will continue to operate as a wholly-owned business of Allstate, which means that the high quality service all our partners, clients, and participants have come to expect is now backed by Allstate. Goldman, Sachs & Co. LLC  and Choate Hall & Stewart LLP served as exclusive advisors to InfoArmor for this transaction. You can read more about the acquisition in today’s news release.

Allstate protects people from life’s uncertainties with more than 88 million proprietary policies, and its Allstate brand is widely known from the slogan “You’re in Good Hands with Allstate.” Allstate Benefits has increased its revenue fourfold from $263 million to $1.1 billion in the voluntary benefits market since its acquisition in 1999 and now serves more than 4 million employees through 42,000 companies.

As InfoArmor becomes an Allstate company, there will be no change in its brand, though we will continue to work on details over the coming months. The progression will not impact existing contracts, pricing and commissions will remain the same, sales reps and account managers will remain the same, and our headquarters will continue to operate out of Scottsdale, AZ.

Both InfoArmor and Allstate are ecstatic about the possibilities of future growth together. We will continue to deliver innovative product design and impeccable customer service through the employee benefits channel.

We’ll be publishing more information about this in the near future; if you’d like to make sure you don’t miss it, please subscribe to our blog in the box to the left.

  
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At InfoArmor, we believe everyone deserves the right to privacy, security, and above all else, peace of mind. This is why we’re proud to offer industry-leading solutions for employee identity protection and advanced threat intelligence. From enterprise to employee, InfoArmor redefines how organizations combat an ever-changing cyber threat landscape. If you’d like more information on how we can help your organization protect its most valuable assets, reach out. We’d love to hear from you.