Allstate Insurance Co. said it hopes to recruit 40 agency owners and insurance salespeople in Connecticut over the next year.
The Illinois-based property-casualty insurer is looking for 10 mid-level managers who are attached to other agencies who want to operate their own business. Qualified candidates need $50,000 to invest in the agency. And anyone who refers an owner candidate who is ultimately hired will receive $5,000.
An additional 25 salespeople would partner with the 10 owners to sell life and retirement insurance products, Allstate said.
The Connecticut plans are part of a push by Allstate to grow its New England business by 16 percent.
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