By Michael Calia
Allstate Corp. (ALL) on Wednesday unveiled broad changes to its
management structure as the insurer looks to refocus its business
model.
Leading the changes, Allstate said it promoted Matt Winter to
chief executive of its life insurance business and president of the
company, giving him oversight of the bulk of the insurer's
businesses.
In his expanded position, Mr. Winter will fold Allstate's life
insurance operations into its personal lines business, which the
executive currently oversees. He will also continue to be in charge
of the company's property-casualty business.
Don Civgin will head up Allstate's emerging businesses segment,
which will serve areas such as business-to-business, Esurance,
Answer Financial, annuities and the company's car initiatives. Like
Mr. Winter, Mr. Civgin will report to Allstate CEO Thomas J.
Wilson.
The changes--which also include the company's human resources
operations as well as enterprise technology and strategic
ventures--take effect Jan. 5.
Write to Michael Calia at michael.calia@wsj.com
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