Company Profile

Symetra's been around for more than 60 years. We're experienced, stable, financially strong – just what you need from an insurance company. But there's more to us than that. We're a company on the rise. Energetic, growing, transparent. A company passionately committed to making things a little easier – a little clearer – in an industry known for its complexity.

Headquartered in Bellevue, Wash., Symetra Financial Corporation is a diversified financial services company with $55.5 billion in assets at December 31, 2019, and approximately 2.6 million customers and over 1,700 employees nationwide.

We offer an array of employee benefits, annuities and life insurance products through three business divisions:

  • Benefits: medical stop-loss insurance, group life, accidental death and dismemberment insurance, group disability income insurance and absence management programs, critical illness and accident coverage, and fixed payment insurance.
  • Retirement: fixed indexed, registered index-linked and fixed deferred annuities, and single-premium immediate annuities (SPIAs) and deferred income annuities.
  • Individual Life: universal and term life insurance, and bank-owned life insurance (BOLI) and corporate-owned life insurance (COLI).

We sell our products through a national network of benefits consultants, financial institutions, financial professionals, insurance producers, registered representatives, and broker-dealers.

With our focus on an innovative, balanced product mix – backed by a history of performance and integrity – Symetra is committed to creating value for our customers and distribution partners.

Symetra's parent company, Sumitomo Life, is one of the largest life insurance companies in Japan with over 100 years of operating history. Together Sumitomo Life and Symetra have total assets of over $300 billion (as of March 31, 2019).

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