Acquiring Company
StanCorp Financial Group
Acquired Company
Allstate's employer voluntary benefits business
PortlandMichiganFinancial ServicesInsuranceFinancial ServicesEmployee BenefitsInsuranceDescription
The Standard has successfully completed a $2 billion acquisition of Allstate's employer voluntary benefits business. As part of this agreement, The Standard's products will be accessible to Allstate customers through a future distribution partnership. The acquired business will operate under The Standard brand, contributing to the company's growth in the employer benefits sector.
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- The Standard acquires Allstate's Benefits Business (April 1, 2025)
Who to call at StanCorp Financial Group, and when
When StanCorp Financial Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day StanCorp Financial Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at StanCorp Financial Group, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Allstate's employer voluntary benefits business?
Allstate's employer voluntary benefits business was acquired by StanCorp Financial Group, based in Portland. The deal was reported on April 6, 2025. StanCorp Financial Group is privately held and operates in Financial Services.
When did StanCorp Financial Group acquire Allstate's employer voluntary benefits business?
StanCorp Financial Group's acquisition of Allstate's employer voluntary benefits business was reported on April 6, 2025. The Standard has successfully completed a $2 billion acquisition of Allstate's employer voluntary benefits business. As part of this agreement, The Standard's products will be accessible to Allstate customers through a future distribution partnership. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Allstate's employer voluntary benefits business do?
Allstate's employer voluntary benefits business offers various insurance products designed to meet the needs of employees and employers. It provides voluntary insurance options that can be customized based on organizational needs. It is privately held, operating in Financial Services, and is based in Michigan.
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