Allstate and M&A: Buying 9x Root's top line in a year
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Allstate and M&A: Buying 9x Root's top line in a year

Adam McNestrie
June 02, 2021
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Allstate SafeAuto city street cars.jpg

Last night, personal lines firm Allstate announced that it had struck a deal to acquire non-standard auto writer SafeAuto at a valuation of $300mn, including a $30mn pre-close dividend.

The

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Topics

Opinion M&A InsurTech Allstate Root Personal lines
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Adam McNestrie
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