Allstate Names New Leader for Roadside Assistance Group
Patrick M. O'Brien to lead Allstate Motor Club and the Partnership Marketing Group
The Allstate Corporation (NYSE: ALL) today announced that Patrick M. O'Brien will lead the combined entities of Allstate Motor Club (AMC) and Partnership Marketing Group (PMG) as president. He will also serve as assistant vice president in the Emerging Businesses group at Allstate. Allstate acquired Partnership Marketing Group, a business unit of GE Money, in June 2008. In his new role, O'Brien will expand Allstate's footprint in the retail and wholesale roadside assistance, legal services, and affinity products marketplace.
Allstate Motor Club, which was established in 1961, provides 24-hour roadside assistance to 1.2 million members through a national network of service providers. An additional 1.4 million customers are served through an enhanced towing or roadside assistance benefit available to Allstate auto insurance policyholders.
PMG is the second-largest provider of roadside assistance in the country. In addition, PMG provides legal services benefits plans and membership-based consumer affinity offerings in the shopping, wellness, travel, and entertainment areas. PMG markets its products directly to consumers and through private label and affinity distribution relationships with some of the most well-known brands in the United States.
O'Brien, who joined Allstate with the acquisition, served as president of PMG for the past two years and oversaw an annual growth rate of more than 20 percent to reach $150 million in annual revenue. In addition, O'Brien has been instrumental in growing the wholesale channel of the roadside business, doubling the size of this critical growth channel with the acquisition of key partners.
"Our acquisition of Partnership Marketing Group demonstrated that Allstate is interested in expanding and growing our services beyond the traditional auto and property footprint," said Chuck Paul, group vice president, Allstate Protection - Emerging Businesses. "Patrick's successful experience as a leader in both the insurance and roadside service industries will enable us to take this business unit to a new level of performance."
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help individuals in approximately 17 million households protect what they have today and better prepare for tomorrow. Customers can access Allstate products and services such as auto insurance and homeowners insurance through approximately 14,700 exclusive Allstate agencies and financial representatives in the U.S. and Canada, or in select states at allstate.com and 1-800 Allstate®. Encompass® and Deerbrook® Insurance brand property and casualty products are sold exclusively through independent agents.