The standard completes acquisition of allstate employer voluntary benefits business

Portland, ore.--(business wire)--stancorp financial group, inc. (the standard) today announced the closing of the acquisition of allstate's employer voluntary benefits business in accordance with the terms of the agreement reported on aug. 13, 2024. the agreement includes a future distribution partnership through which certain of the standard's products and services will be made available to allstate customers. “this transaction presented a unique opportunity to accelerate our growth strategy a.
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