Nationwide acquires Allstate Stop Loss Business
07/01/25, 4:48 PM
Location
scottsdaleIndustry
insurance
finance
financial services
employee benefits
human resources
health care
Nationwide has completed the acquisition of Allstate's employer stop loss segment for $1.25 billion. This move is set to enhance Nationwide's capabilities in the employer stop loss insurance market. Lindsey Murray, formerly of Allstate Health, will lead the newly established Nationwide Group Benefits segment. The acquisition strengthens Nationwide's portfolio and positions it as a leader in the industry.
Company Info
Location
Scottsdale, Arizona, United States
Company info
Nationwide is a major insurance and financial services organization in the United States. It provides a wide range of insurance and financial products including auto, home, life, pet, farm, and commercial insurance as well as retirement plans, mutual funds, and other financial services.