Symetra

Symetra is a diversified financial services company founded in 1957 and headquartered in Bellevue, Washington. It provides retirement solutions, life insurance and employee benefits to approximately 2.3 million customers across the United States, and ranks among the top 40 largest life insurance companies in the country. Assets under management stood at approximately $68.4 billion as of December 31, 2024.

The company's product line spans fixed, indexed and deferred annuities, term and permanent life insurance, and comprehensive employee benefits including group life, disability, supplemental health insurance and stop-loss coverage. Symetra Investment Management, an SEC-registered investment advisory firm within the group, manages approximately $78 billion in assets. Distribution runs through a national network of benefit consultants, insurance professionals and financial advisors.

Symetra is a wholly owned subsidiary of Sumitomo Life Insurance Company, a Japanese mutual life insurer with roots dating back to 1907. Its insurance subsidiary, Symetra Life Insurance Company, holds the company's policies and is rated 'A' by A.M. Best and Standard & Poor's and 'A1' by Moody's. The firm has operated for more than six decades.