After months of anticipation, we are excited to share that Allstate Corporation just announced that it closed its $4 billion acquisition of National General Holdings Corp.
“The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents will now have more protection offerings for customers, with a strong technology platform creating growth opportunities for them and Allstate. National General’s accident and health business will also further expand Allstate’s circle of protection,” said Tom Wilson, chair, president and CEO of The Allstate Corporation.
More information will be available at Allstate’s quarterly earnings call on Feb. 4.
Through National General’s extensive network, the acquisition demonstrates Allstate’s commitment to expanding its customer service distribution significantly and reflects its commitment to serving our customers through their preferred method.
Allstate’s customer centricity, blended with National General’s independent agent focus, will provide you access to more products.
Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.
