Symetra Financial Overview

  • Year Founded
  • 1957

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 2,000

Employees

  • Latest Deal Type
  • Debt

  • Financing Rounds
  • 8

  • Investments
  • 4

Symetra Financial General Information

Description

Provider of life insurance and benefits products based in Bellevue, Washington. The company specializes in offering retirement plans, employee benefits, annuities, health and life insurance to individuals and businesses through a nationwide network of financial advisors, banks and independent agents.

Contact Information

Website
www.symetra.com
Formerly Known As
Safeco (Life & Investments Unit)
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Primary Industry
Life and Health Insurance
Parent Company
Sumitomo Life Insurance Company
Corporate Office
  • P.O. Box 34690
  • Seattle, WA 98124-1690
  • United States
+1 (425) 000-0000

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Symetra Financial Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Symetra Financial‘s full profile, request access.

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Symetra Financial Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of life insurance and benefits products based in Bellevue, Washington. The company specializes in offering reti
Life and Health Insurance
Seattle, WA
2,000 As of 2023
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000000000 00000

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0000 000 000000 0000
Istanbul, Turkey
00000 0000-00-00
000000&0

000000

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0000 000 000000 0000
Springfield, MA
0000 As of 0000
00.000
000000000000 00.000
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Symetra Financial Competitors (34)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
MetLife Emeklilik ve Hayat Corporate Backed or Acquired Istanbul, Turkey 000000&0
MassMutual Financial Group Private Debt Financed Springfield, MA 0000 00.000 000000000000 00.000
Sino-American Luen Thai Metropolitan Life Insurance Venture Capital-Backed Shanghai, China 000 00000000000
Transamerica Life Insurance Company Private Debt Financed Cedar Rapids, IA 0000 00000 000000000 00000
New York Life Insurance Company Private Debt Financed New York, NY 00000 00.00 000000000000 00.00
You’re viewing 5 of 34 competitors. Get the full list »

Symetra Financial Patents

Symetra Financial Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220301068-A1 Method for managing and administering a fixed indexed life or annuity crediting strategy allocation between a traditional index linked crediting strategy and a volatility-controlled index linked crediting strategy Inactive 19-Mar-2021 000000000 0
US-8103529-B1 Guaranteed long-life benefit calculator Inactive 30-Jan-2009 000000000 0
US-8650049-B1 Online system and method for processing life insurance applications Inactive 14-Oct-2003 000000000 00
US-7765115-B1 Online system and method for processing life insurance applications Active 14-Oct-2003 000000000 00
ES-276640-Y Perfected module for construction of shocking car tracks Inactive 30-Dec-1983
To view Symetra Financial’s complete patent history, request access »

Symetra Financial Executive Team (21)

Name Title Board Seat Contact Info
Margaret Meister President, Chief Executive Officer & Board Member
Mark Hunt Chief Investment Officer & President
Tommie Brooks Vice President & Chief Financial Officer
Chantel Balkovetz Executive Vice President & Chief Operating Officer
Raghuveer Vadlakonda Managing Director, Portfolio Risk Management
You’re viewing 5 of 21 executive team members. Get the full list »

Symetra Financial Board Members (5)

Name Representing Role Since
000000 00000000 Symetra Financial Board Member 000 0000
00000 00000 Symetra Financial Board Member 000 0000
00000 000000 Symetra Financial Chairman 000 0000
000000 00000 Symetra Financial Board Member 000 0000
000000 000000 Symetra Financial Board Member 000 0000
To view Symetra Financial’s complete board members history, request access »

Symetra Financial Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Symetra Financial Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Symetra Financial Investments (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Medical Risk Managers 25-Apr-2007 0000000000 Other Insurance
Guided Therapeutics 11-Aug-2003 0000 000 Diagnostic Equipment
Capital One Investing 17-Apr-2000 00000 0000 0000 Brokerage
Atherogenics Early Stage VC Pharmaceuticals
To view Symetra Financial’s complete investments history, request access »

Symetra Financial Subsidiaries (2)

Company Name Industry Location Founded
First Symetra National Life Insurance Company of New York Insurance Company New York, NY 1990
Symetra Life Insurance Company Insurance Company Bellevue, WA 0000
To view Symetra Financial’s complete subsidiaries history, request access »

Symetra Financial ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Insurance

Industry

Rank

Percentile

Life and Health Insurance

Subindustry

Rank

Percentile

To view Symetra Financial’s complete esg history, request access »

Symetra Financial FAQs

  • When was Symetra Financial founded?

    Symetra Financial was founded in 1957.

  • Who is the CEO of Symetra Financial?

    Margaret Meister is the CEO of Symetra Financial.

  • Where is Symetra Financial headquartered?

    Symetra Financial is headquartered in Seattle, WA.

  • What is the size of Symetra Financial?

    Symetra Financial has 2,000 total employees.

  • What industry is Symetra Financial in?

    Symetra Financial’s primary industry is Life and Health Insurance.

  • Is Symetra Financial a private or public company?

    Symetra Financial is a Private company.

  • What is Symetra Financial’s current revenue?

    The current revenue for Symetra Financial is 000000.

  • How much funding has Symetra Financial raised over time?

    Symetra Financial has raised $250M.

  • Who are Symetra Financial’s investors?

    Berkshire Hathaway, CAI Capital Partners, Caxton Associates, Franklin Templeton, and Highfields Capital Management are 5 of 10 investors who have invested in Symetra Financial.

  • Who are Symetra Financial’s competitors?

    MetLife Emeklilik ve Hayat, MassMutual Financial Group, Sino-American Luen Thai Metropolitan Life Insurance, Transamerica Life Insurance Company, and New York Life Insurance Company are some of the 34 competitors of Symetra Financial.

  • When was Symetra Financial acquired?

    Symetra Financial was acquired on 01-Apr-2024.

  • Who acquired Symetra Financial?

    Symetra Financial was acquired by Sumitomo Life Insurance Company.

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