Allstate Corp. has hired a high-level Willis Group executive to head its emerging business unit.
The Northbrook-based auto and home insurer confirmed Monday that it has hired Don Bailey as senior vice president of emerging businesses, the unit that was set up in 2007 and includes a motor club and coverage for jet skis, motorcycles, boats and commercial vehicles.
Bailey was previously chairman and chief executive of Willis North America, part of the worldwide insurance brokerage Willis Group Holdings.
Bailey replaces Chuck Paul who will now lead the newly created strategic operations group.
