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23 November 2023 Insurance

Allstate taps former MetLife veteran to help improve profitability

US personal lines insurer  Allstate Corporation has strengthened its board of directors by appointing a former senior executive from MetLife to help execute plans to improve profitability. The executive has over three decades of experience and has held various senior leadership roles during their tenure at MetLife, Wells Fargo, S&P Global and others.

Maria Morris, former executive vice president, global employee benefits at MetLife, has been elected to Allstate’s board of directors, effective January 2, 2024.

Morris served on MetLife’s executive group for almost a decade and held numerous senior leadership positions in her 33-year career, culminating with leadership of the global employee benefits business. Morris serves on the Boards of Wells Fargo & Co, S&P Global and Resolution Life. She is the National Board chair of All Stars Project, and on the boards of Catholic Charities of New York and Helen Keller International.

“Maria’s broad insurance experience at MetLife, from employee benefits to personal property liability, will provide support in executing our plans to improve profitability. In addition, her successful strategic, operational and technology leadership will provide expertise in overseeing the strategy to increase market share and broaden protection provided to customers,” said Tom Wilson, Allstate chair, president and CEO. “Maria’s board experience in financial services and risk management adds yet another dimension to an exceptional board,” added Allstate Lead Director Gregg Sherrill.

Morris commented: “Allstate is a highly trusted brand in a critical industry and a company known for forward-thinking leaders and an experienced board. I am excited to build on Allstate’s history of success.”

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