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Symetra Financial Corporation, through its subsidiaries, provides products and services to customers in the retirement, employment-based benefits, and life insurance markets in the United States and the District of Columbia. Its products include fixed deferred annuities; fixed indexed annuities; registered index-linked annuities; single premium immediate annuities; medical stop-loss insurance; group life and disability income insurance; absence management; group fixed-payment medical insurance; term life insurance; universal life insurance, including indexed universal life insurance; institutional life insurance comprising bank-owned life insurance; variable corporate owned life insurance; and group voluntary benefits, such as, accident, critical illness, and hospital indemnity. The company markets its products through financial institutions, broker-dealers, financial professionals, benefits consultants, and independent agents and advisors. Symetra Financial Corporation was formerly known as Safeco Life & Investments and changed its name to Symetra Financial Corporation in September 2004. The company was founded in 1957 and is based in Bellevue, Washington. As of February 4, 2025, Symetra Financial Corporation operates as a subsidiary of Sumitomo Life Insurance Company.
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