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Symetra Financial

Symetra Financial is a team of affiliated insurance and financial services companies serving 2 million customers and more than 20,000 independent agents and advisors. 
Symetra Financial has a legacy of selling insurance products going back nearly 50 years. On Aug. 2, 2004 their companies were purchased by an investor group led by White Mountains Insurance Group, Ltd. and Berkshire Hathaway Inc. and became the privately held group of companies known today as Symetra Financial.

Symetra Financial Corp. is a financially strong and well capitalized group of companies with more than $20 billion in total assets as of Dec 31, 2005 and $1.6 billion in revenues in 2005. Symetra Life Insurance Co., its largest operating subsidiary, is a top 50 life insurance company. Return on equity of 13.5 percent for 2005.

Symetra Financial understands they succeed when their distribution partners succeed. The Company focuses on delivering products and services, sales tools and resources with the financial security of their customers and the success of their independent distributors in mind. They believe this heartfelt commitment to their shared performance is what makes these mutually beneficial partnerships work.

A cornerstone of their company is integrity. It is the critical driver as they deliver superior shareholder returns by capitalizing on competitive advantages and striving for cost efficient, profitable growth. Serve their customers with excellence by offering simple solutions to meet their insurance and investments needs with products that deliver on their promises. Leverage their own success by investing in the success of their independent distribution partners. Build a strong company that provides a bright future for their employees.

While Symetra Financial is privately held, they understand that their customers and business partners want to continue receiving information about their financial strength. The annual report provides financial information and details about their company's activities.

Symetra fosters a culture of entrepreneurial spirit. This means they encourage new ideas and independent thinking. Even with over $21 billion in assets, they have a relatively small employee base of 1,200 employees; so they believe each one of them has a key role to play. They support this way of thinking by giving employees the tools to do the job, the peace of mind that comes with quality benefits and rewards for outstanding performance.

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