Symetra

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Symetra
Type Public
Traded as NYSESYA
Industry Insurance
Founded Bellevue, Washington (2004)
Headquarters Bellevue, Washington, USA
Key people Randall Talbot Founder, Tom Marra CEO, Margaret Meister CFO
Products Retirement plans
Employee benefits
Annuities
Life insurance
Revenue US$ 2.1 billion (2012)
Net income US$ 205.4 million (2012)
Total assets US$ 29.5 billion (2012)
Employees 1,250
Website www.symetra.com

Symetra is a United States based family of companies providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. The main headquarters of the company is located in Bellevue, Washington. Started in 1957, Symetra Financial began as a subsidiary of Safeco. In 1967, the total amount of insurance in force for Symetra surpassed the $1 billion mark. By 1995, the total assets had grown to $10 billion. In 2004, Safeco sold its life insurance business to an investor group led by White Mountains Insurance Group and Berkshire Hathaway.[1] In 2010, Symetra began trading on the New York Stock Exchange. The company has nearly US$30 billion in assets.

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