Allstate CEO Tom Wilson announced the development of ALLIE, the company’s Large Language Intelligent Ecosystem, during a call with analysts to discuss second-quarter earnings. Wilson described the insurer’s approach as a “technology-drive strategy, not a strategy supported by technology,” and said ALLIE is not completely built or deployed but “should help us to reduce our expenses.” He did not provide predictions of cost savings or growth. As part of its “transformative growth” initiative, Allstate has “250 highly sophisticated analytical models” that use 40 petabytes (40 million gigabytes) of data and billion of central processing unit hours to “generate 100 million quotes, purchase 50 million leads often with sub-second response times, and manage hundreds of million of customer interactions.” Wilson said ALLIE will leverage agentic AI to improve customer value, lower cost, and increase growth, and that existing computer system coordination is accelerating its build and deployment. He noted Allstate is “not having any barriers right now to investing money and getting good returns.” On cybersecurity, Wilson said he is “concerned about the large language models that now break out on their own and tell other agents how to do it without getting caught,” calling it an issue the country needs to address. He added that Allstate uses only internal LLMs, so the company is “not worried about our data being exfiltrated or scooped up in the knowledge of someone else’s LLM.”