Allstate Protection Plans, a division of Allstate Corporation, has acquired Kingfisher, a privately held company specializing in optimizing the lifecycle of smart devices. This strategic move aims to enhance Allstate's offerings for the mobile industry and its customers.
Kingfisher, founded in 2016, has been a pioneer in the mobile circular economy, providing solutions that assist mobile carriers, manufacturers, and retailers. The acquisition integrates Kingfisher's team of mobile experts into Allstate, strengthening its ability to meet evolving consumer demands for flexible ownership and protection solutions.
This acquisition is expected to provide Allstate Protection Plans with a significant competitive advantage in the wireless industry. Allstate Protection Plans currently serves over 150 million customers worldwide and partners with leading mobile carriers such as Telenor Group, Softbank, Three, and T-Mobile.
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