Economy Minister Dr has announced that
Allstate Northern Ireland is investing £16 million to upskill and
reskill its workforce in Derry and Belfast.
The investment positions Allstate NI at the forefront of the
corporation's global ‘Transformative Growth' programme which will
modernise its international technology operations and enhance
digital capabilities.
Welcoming the investment, the Minister said: “With 1,700
employees in Belfast and Derry, Allstate plays a vital role in
the north's tech sector. This investment in skills strengthens
the industry, supports local talent, and empowers its workforce
to lead global digital innovation.
“Last year we launched a new Digital Skills Action Plan,
which will help grow our buoyant digital sector, and in turn
providing an increasing number of new and exciting good job
opportunities.”
The company's ‘Transformative Growth' agenda includes
implementing cutting-edge software development processes, agile
working methods, AI and the development of management leadership
skills.
Stephen McKeown, Managing Director of Allstate NI said: “We've
already invested £6.5 million in strengthening the digital skills
of our staff over the last two years with Invest NI's support.
This unprecedented investment has already repaid us with the
expertise needed to drive digital change.
“We're committing a further £9.5 million over the next three
years to ensure our Northern Ireland workforce stays at the
forefront of global technology innovation, equipped with the
right tools and future-ready skills to continue leading and
delivering exceptional customer experiences.”
Allstate NI's upskilling initiative offers extensive training
opportunities across various disciplines, including full-stack
software development, cybersecurity, cloud computing, artificial
intelligence, and data engineering. The company is also
introducing new management development programmes to support
leadership and technical career progression.
By investing in advanced skills and cutting-edge technologies,
Allstate NI has evolved into a Digital Centre of Excellence
developing smarter, faster and more impactful digital products
that support customers and drive productivity,
Anne Beggs, Chief Commercial Officer at Invest NI added: “The
global insurance industry is evolving rapidly, and companies must
adapt to remain competitive. By investing in skills, technology
and leadership development, Allstate NI positions itself as a
Centre of Excellence within the broader Allstate group. This
benefits employees, reinforces Allstate's commitment to Northern
Ireland and strengthens our reputation as a hub for fintech and
digital innovation. Our skills support is a key driver in helping
it achieve this.”