April 20, 2014 7:44 PM ET


Company Overview of Symetra Life Insurance Company

Company Overview

Symetra Life Insurance Company provides life insurance services in the United States. It offers annuities, life insurance, group employee benefits, and retirement plans through a network of agents and advisors. The company was formerly known as Safeco Life Insurance Company and changed its name to Symetra Life Insurance Company in September 2004. The company was founded in 1957 and is based in Bellevue, Washington with an additional office in Waltham, Massachusetts. Symetra Life Insurance Company operates as a subsidiary of Symetra Financial Corporation.

777 108th Avenue NE

Suite 1200

Bellevue, WA 98004-5135

United States

Founded in 1957





Key Executives for Symetra Life Insurance Company

Chief Executive Officer
Age: 55
Chief Financial Officer and Executive Vice President
Age: 48
Senior Vice President and President of Symetra Investment Services Inc.
Age: 62
Chief Information Officer and Senior Vice President
Age: 54
Senior Vice President
Age: 63
Compensation as of Fiscal Year 2013.

Symetra Life Insurance Company Key Developments

Symetra Names New Sales Leadership Team for Benefits Division

Symetra Life Insurance Company announced new appointments within its Benefits Division sales leadership team as it positions the division's three product sales lines -- group life and disability income, medical stop-loss and fixed-payment indemnity insurance -- to better serve employee benefits brokers and third party administrators in a new Affordable Care Act era. Jeff Farmer has been named national sales director, Group Life and Disability Income Insurance. A 26-year employee benefits market veteran, Farmer assumes responsibility for leading the external wholesaling team as the group life and disability income product line adds absence management services and continues to expand through partnerships with key employee benefits brokers and consultants across the United States. Farmer is based in Norcross, Ga., and reports to Craig Raymond, senior vice president, Group Life and Disability Income Insurance. To better support the self-funded insurance market, Symetra has segmented its medical stop-loss sales distribution channel into two regions. Based in Boston, Regional Vice President Thomas Costello will manage the Eastern region. Chicago- and Bellevue, Wash.-based Regional Vice President Thomas Bittner is responsible for the West/Central region. Bittner and Costello are tasked with identifying new ways to meet employers' evolving needs as a result of health care reform changes. They report to Michael Fry, executive vice president, Benefits Division.

LifeAgain Insurance Solutions Inc. and AgencyONE Enter into Agreements to Market and Sell Term Life Insurance Issued by Symetra Life Insurance Company

Cardium Therapeutics announced that LifeAgain Insurance Solutions Inc. and AgencyONE, its commercialization partner, have entered into agreements to market and sell term life insurance issued by Symetra Life Insurance Company under LifeAgain's BlueMetric Select term life insurance program for men with active localized prostate cancer.

Symetra Life Insurance Company Appoints Michael Roscoe as Senior Vice President, Individual Life Strategy and Product Innovation

Symetra Life Insurance Company has appointed Michael Roscoe as senior vice president, Individual Life Strategy and Product Innovation. He reports to Tom Marra, president and CEO of Symetra Financial Corporation. Roscoe will provide strategic leadership and direct product development work in Symetra's Individual Life Division. He most recently served as vice president of Life Product Strategy at Prudential. Roscoe will be based in Symetra's Farmington, Conn., office.

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