Everlake was established in 2021 through the acquisition of Allstate Life Insurance Company and Allstate Assurance Company by entities managed by Blackstone. The company is primarily a runoff business, meaning it focuses on managing its existing block of life insurance and annuity policies rather than issuing new ones. Its mission is to deliver stable, long-term value and high-quality service to its policyholders by leveraging a prudent investment strategy and a dedicated operational platform.

Founded in

Ireland