eLoyalty Strengthens Relationship with The Allstate Corporation; eLoyalty to Assist Allstate in Building Household Relationship Management Initiative.Business/Technology Editors CHICAGO--(BUSINESS WIRE)--April 19, 2000 eLoyalty today announced the strengthening of its existing relationship with The Allstate This article is about the American insurance company. For the line of automobiles, see Allstate (automobile). The Allstate Corporation NYSE: ALL is the largest publicly held personal lines insurer in the United States. Corporation (NYSE NYSE See: New York Stock Exchange : ALL). In conjunction with Allstate's recently announced strategic initiatives, eLoyalty will assist Allstate in building a robust technology infrastructure that will support Allstate's strategy to become a multi-channel See multichannel. , multi-brand, multi-product, multi-national business. eLoyalty will help Allstate create a system, enabling the company to leverage an enhanced view of its customers across all channels within all product and service lines, to support its customer focus and increase sales. Allstate has been an eLoyalty customer since 1998. In November 1999, Allstate announced a series of strategic initiatives to offer insurance direct to customers over the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and the telephone to supplement its well-established agency sales force. To do this, Allstate is developing an expanded view of their customers in order to facilitate a cohesive cohesive, n the capability to cohere or stick together to form a mass. experience whether the customer is being served via the Web, by client insurance professionals in call centers or by Allstate agents in the field. Furthermore, transactions that take place in one channel will be immediately available to each of the other channels, enabling Allstate to deliver quality customer service across the organization and maximize sales. eLoyalty is dedicated to helping Allstate implement a solid technology infrastructure and the components needed for its Household Relationship Management initiative. "Allstate is committed to offering choices to our customers and timely, accurate information to our agents. As such, we are restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). our enabling infrastructure with an emphasis on household relationship management," said Ron Kunz, assistant vice president of enterprise technologies at Allstate. "eLoyalty's methodologies and expertise in electronic customer relationship management are a good fit with our goals." "In today's robust and competitive economy, it is essential that organizations examine their existing business model and ensure all interactions with customers and prospects are aimed at top-notch customer service and increasing loyalty among the existing customer base," said Kelly Conway, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president at eLoyalty. "Many organizations have a one-sided view of customer relationships. Companies like Allstate that view their customer relationships as a strategic business initiative are the organizations that will achieve and maintain a leadership position in their given industry. Our work with Allstate is a testament to how important customer relationship management is in today's customer-driven market. We are excited about the innovative approach Allstate has taken to customer relationships and look forward to a long relationship." About The Allstate Corporation The Allstate Corporation is the nation's largest publicly held personal lines insurance company. Its main business units include Allstate Personal Property and Casualty, which provides insurance for more than 14 million households and has approximately 15,500 agents in the U.S. and Canada, and Allstate Life and Savings, which markets a number of life insurance and savings products under a variety of brands through a number of channels and is currently the nation's 17th largest life insurance business. Allstate maintains a web site at www.allstate.com. About eLoyalty eLoyalty (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ELOY) is the world's first and only global business/management consulting and systems integration organization focused exclusively on building customer loyalty. With more than 700 professionals in offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Australia, eLoyalty delivers the proven proficiencies, technologies and business practices that span the full spectrum of a company's operations including the Internet, call centers, marketing channels, sales force optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , customer service, and field service and logistics. eLoyalty was named the 1999 Solutions Integrator (1) In electronics, a device that combines an input with a variable, such as time, and provides an analog output; for example, a watt-hour meter. (2) See systems integrator. of the Year by Solutions Integrator Magazine as part of their SI Impact Awards. For more information, please go to the company's web site at www.eloyaltyco.com or call 877-2-ELOYAL. |
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