History

With roots dating back to 1957, Symetra Financial has grown to become a family of companies that together serve more than two million customers in all 50 states.

Originally a part of a Seattle-based Fortune 500 insurance company, on Aug. 2, 2004, the life insurance and investments subsidiaries were purchased by an investor group led by White Mountains Insurance Group, Ltd., and Berkshire Hathaway Inc.

Together, these companies became the privately held corporation known today as Symetra Financial.

Timeline

1957	Established.
1959	Entered group insurance business.
1967	Reached $1 billion of in-force business.
1968	Started pension department.
1976	Pioneered medical stop loss market. Began selling structured settlement annuities.
1982	Began offering universal life insurance.
1983	Acquired the third-party administrator Employee Benefit Consultants Inc.
1984	Topped $1 billion in assets.
1986	Reached $2 billion in assets. Began selling variable universal life.
1987	Established the company now known as First Symetra National Life Insurance Company of New York.
1988	Pension funds topped $1 billion.
1989	Led the way in automatic income distribution options.
1991	Began offering variable annuities.
1995	Reached $10 billion in assets.
1997	Acquired American States Life and WM Life.
1998	Reorganized to multi-channel, distribution-oriented company.
1999	Acquired limited benefits medical insurance block of business. Acquired $120 million of group medical stop loss from ING.
2002	Acquired $225 million of group medical stop loss from Swiss Re.
2004	Became an independent company. Exceeded $50 billion individual in-force life insurance.
2007	Acquired Medical Risk Managers Inc. Celebrated 50th anniversary.