Insurance company Allstate has announced plans to open an innovation hub with 400 employees at Chicago’s Merchandise Mart.
The Northbrook-based company announced that the 45,000-square-foot office space will house the company’s Quantitative Research & Analytics and Connected Car teams.
The research team helps the company anticipate risk and develop new products and services. The connected car team’s projects include the Drivewise mobile app, which collects information on driver behavior and rewards safe drivers.
The Merchandise Mart includes many tech companies among its tenants.
Alcohol maker Beam Suntory recently announced it is moving its global headquarters to the Merchandise Mart from suburban Deerfield by the end of next year.
Was this article valuable?
Here are more articles you may enjoy.
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
NC Jury Award for Workers Injured in Wall Collapse May be Largest in State History 
Florida’s Property Tax Plan Risks Charging Fees for ‘Everything’ 
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms 
