Allstate Protection Plans acquires Kingfisher

Allstate Protection Plans, a division of Allstate, has acquired Kingfisher, a privately held company that optimizes the lifecycle of smart devices (repair, replace, trade-in, upgrade) to enhance offerings for the mobile industry and their customers. This strategic acquisition strengthens Allstate Protection Plans’ ability to provide solutions that help consumers get the most out of their devices.

Founded in 2016, Kingfisher is a Singaporean company operating in Europe, North America, and Asia Pacific. It offers a suite of products that help mobile carriers, manufacturers, and retailers meet the “increasing consumer demand for flexible ownership and protection solutions that reduce their environmental impact.” The acquisition brings Kingfisher’s team of mobile experts to Allstate.

“Allstate Protection Plans partners with some of the world’s leading mobile carriers, including Telenor Group, Softbank, Three, and T-Mobile, and the mobile industry remains a key area of growth for us globally. We are thrilled to welcome the Kingfisher team to Allstate. By bringing this world-class team of experts onboard, we gain a significant competitive advantage over traditional companies in the wireless industry, further enhancing our ability to meet the evolving needs of carriers and consumers alike.” – Karl Wiley, Global President and CEO of Allstate Protection Plans.

“We entered the market with the belief that carriers and consumers deserve a better, more flexible mobile experience. With the global reach, resources, and financial strength of Allstate, we are now positioned to drive the efficient circulation of both new and second-life devices to potentially billions of users, significantly reducing the environmental impact of mobile device usage worldwide.” – Georgiann Reigle, Co-Founder and CEO of Kingfisher.