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Articles from Symetra Life Insurance Company

Symetra Enhances Workforce Benefits Offerings with Refreshed Group Accident Insurance
Continuing to deliver a comprehensive workforce benefits product suite that meets the diverse needs of today’s employers and their employees, Symetra Life Insurance Company today announced updates to its group accident coverage that include an expanded range of optional benefits designed to support parents, multigenerational households, first responders and health care workers. Symetra Group Accident Insurance helps employees with out-of-pocket costs associated with an accident by paying fixed cash benefits for covered injuries and related medical services.
By Symetra Life Insurance Company · Via Business Wire · February 4, 2025
Symetra Names Christine Carlson Vice President, Stop Loss Claims
Symetra Life Insurance Company, a stop loss pioneer and industry leader, today announced the appointment of Christine Carlson as vice president, Stop Loss Claims.
By Symetra Life Insurance Company · Via Business Wire · January 16, 2025
Symetra Names Michael Derrig Vice President, Chief Underwriter for Individual Life Division
Symetra Life Insurance Company today announced the appointment of Michael Derrig as vice president, chief underwriter, for its Individual Life Division (ILD).
By Symetra Life Insurance Company · Via Business Wire · December 4, 2024
Symetra Named to 2024 Fortune Best Workplaces For Women™ List
Symetra Life Insurance Company announced that Fortune® magazine and Great Place to Work®, the global authority on workplace culture, have recognized Symetra on the 2024 Fortune Best Workplaces for Women™ List. This is Symetra’s third consecutive appearance on the list, coming in at No. 46 among the Top 100 organizations in the large workplace category.
By Symetra Life Insurance Company · Via Business Wire · October 28, 2024
Symetra Retirement Division Partners with Insured Retirement Institute on New Allyship Research Initiative
Symetra Life Insurance Company today announced a new initiative between its Retirement Division and the Insured Retirement Institute (IRI) that will focus on understanding and advancing allyship in the financial services industry. The research agreement was unveiled by Andrew Farrell, senior vice president, Retirement Sales and Distribution, Symetra, and Frank O’Connor, vice president, Research, IRI, at the Symetra Women’s Action Group annual meeting, held recently in Bellevue, Wash.
By Symetra Life Insurance Company · Via Business Wire · September 30, 2024
Symetra Named a Fortune 2024 Best Workplace in Financial Services and Insurance™
Symetra Life Insurance Company announced that Fortune® magazine and Great Place To Work® have recognized the company as one of the 2024 Best Workplaces in Financial Services and Insurance™. This is Symetra’s second consecutive appearance on the list, coming in at No. 30 among organizations in the large workplaces category.
By Symetra Life Insurance Company · Via Business Wire · September 11, 2024
Symetra Offers Stop Loss Policyholders Additional Protection with New Critical Illness Step-down Deductible Endorsement
Symetra Life Insurance Company, a stop loss pioneer and industry leader, announced a new critical illness step-down deductible endorsement that offers self-insured employers additional protection. Employers who have a Symetra stop loss policy and offer Symetra critical illness insurance will enjoy a streamlined service experience and cost-savings while providing their employees with broader coverage for serious health events.
By Symetra Life Insurance Company · Via Business Wire · September 10, 2024
Symetra Launches New Social Media Campaign Featuring Sue Bird
Symetra Life Insurance Company introduced a new consumer marketing campaign featuring four-time WNBA Champion Sue Bird. Titled “Plan Well, Play Well,” the first-ever content series and social-first campaign highlights the benefits of planning well for retirement with a humorous twist. “Plan Well/Play Well” is Bird’s sixth collaboration with Symetra, which last year announced a long-term extension of its partnership with the recently retired Seattle Storm point guard.
By Symetra Life Insurance Company · Via Business Wire · August 2, 2024
Symetra Introduces SwiftProtector(SM)
Symetra Life Insurance Company today announced the launch of Symetra SwiftProtectorSM, a protection-focused indexed universal life insurance product with a new, streamlined, and fully-automated digital online process — from application through illustrations and policy delivery — that can offer coverage in as little as 25 minutes to qualified applicants.
Symetra Enhances Trek® Plus RILA with New Crediting Strategies
Symetra Life Insurance Company unveiled multiple enhancements to Symetra Trek® Plus, its signature registered index-linked annuity (RILA), including two new indexed account options that add some downside protection and higher potential returns in flat markets.
Symetra Introduces Cancer Care Compass(SM)
Symetra Life Insurance Company today announced the introduction of Cancer Care Compass, an industry-first optional rider package that offers a unique combination of cancer care benefits and services and is available at application on Symetra’s indexed universal life (IUL) products, Accumulator Ascent IUL and Protector IUL.
Symetra Named to 2023 Fortune Best Workplaces for Women™ List
Symetra Life Insurance Company today announced that Fortune® magazine and Great Place to Work®, the global authority on workplace culture, have recognized Symetra on the 2023 Fortune Best Workplaces for Women™ List. This is Symetra’s second consecutive appearance on the list, coming in at No. 41 among the Top 100 organizations in the large workplace category.
By Symetra Life Insurance Company · Via Business Wire · October 24, 2023
Symetra Named a Fortune 2023 Best Workplace in Financial Services and Insurance™
Symetra Life Insurance Company announced that Fortune® magazine and Great Place to Work®, the global authority on workplace culture, have recognized Symetra as one of the 2023 Best Workplaces in Financial Services and Insurance™. Symetra was among the top 50 organizations in the best large workplaces category.
By Symetra Life Insurance Company · Via Business Wire · September 11, 2023
Symetra “Teammates” Campaign Debuts New Advertising with Sue Bird
Symetra Life Insurance Company has launched new brand advertising featuring five-time Olympic gold medalist and four-time WNBA Champion Sue Bird. Titled “Breathe,” the national consumer advertising evolves Symetra’s successful “Teammates” campaign (“Your teammate for whatever lies ahead”) and includes three commercials, and digital and social media components. “Breathe” is Bird’s fifth collaboration with Symetra, which announced it was signing a long-term extension of its partnership with the recently retired Seattle Storm point guard and sports icon.
Symetra Enhances Indexed Universal Life Suite
Symetra Life Insurance Company has introduced updates to its Symetra Accumulator Ascent and Symetra Protector indexed universal life insurance (IUL) products, both of which can be paired with the new Chronic Care Advantage Rider.
Symetra Introduces Protector IUL
Symetra Life Insurance Company today announced the introduction of a new version of its protection-focused indexed universal life insurance (IUL) product — Symetra Protector IUL. The flexible-premium adjustable life insurance policy with a lapse protection benefit and seven index-linked interest options provides guaranteed death benefit protection and the added potential for policy cash value growth.
By Symetra Life Insurance Company · Via Business Wire · November 10, 2022
Symetra and Nassau Re/Imagine Launch New ‘Working Forward’ Podcast Series
Symetra Life Insurance Company and insurtech incubator Nassau Re/Imagine are collaborating on a new podcast series that explores the leading trends and innovations happening in the workplace benefits space. Launching today, the “Working Forward” series examines the future of work, with topics ranging from the accelerating emergence of data and technology to evolving workforce dynamics and what they may mean for employers, employees and benefits solution providers. Futurist Garry Golden joins series hosts Harry Monti, Todd Dzen, Paul Tyler and Laura Dinan Haber for the first podcast, The future of work, and a timely discussion on the issues shaping society, business and how organizations should be thinking about market transitions.
By Symetra Life Insurance Company · Via Business Wire · November 9, 2022
Symetra Partners with Brella on New Symetra Health Offering
Symetra Life Insurance Company continues to expand its voluntary benefits solutions by partnering with insurtech Brella to offer Symetra Health — a new supplemental health insurance plan. Symetra Health covers over 13,000 conditions in one plan to help ease the burden of out-of-pocket medical costs. With data-driven personalized technology and dedicated member support, Symetra Health will empower employees to get the most out of their benefits.
By Symetra Life Insurance Company · Via Business Wire · October 18, 2022
Symetra CMO Trinity Parker Named an ‘Outstanding Voice’ by the Puget Sound Business Journal
Symetra SVP and Chief Marketing Officer Trinity Parker has been recognized as one of 12 “Outstanding Voices” for 2022 by the Puget Sound Business Journal. Honorees are selected based on their leadership roles within the Puget Sound LGBTQ+ community and their commitment to advancing equality in the business world. Ms. Parker and her fellow honorees were celebrated at the PSBJ’s Business of Pride event on June 16 at the Showbox SoDo in Seattle.
Symetra Improves Benefits Enrollment Experience with Nayya Platform
Responding to the transformational changes underway in workplace benefits, Symetra Life Insurance Company is enhancing its group benefits services and capabilities with Nayya, a leading benefits experience platform. Available for employers offering group life and accidental death and dismemberment (AD&D) insurance, group disability insurance, and voluntary benefits, the Nayya platform offers employees a guided experience to help them select the tailored benefits they need beginning with the open enrollment process and continuing throughout the year.
Symetra Named a 2022 Top Corporate Philanthropist by the Puget Sound Business Journal
Symetra Life Insurance Company has been named a 2022 top corporate philanthropist by the Puget Sound Business Journal. The publication celebrated the region’s top 76 corporate philanthropists — ranked in small, mid-size and large categories based on revenue — at its annual Corporate Citizenship Awards ceremony, held May 19 at the Sheraton Grand Seattle. Symetra was recognized among the top 26 large-sized companies. Collectively, the corporate philanthropy list makers had combined cash giving in Washington state of over $200 million in 2021.
Symetra SwiftTerm Platform Wins a 2021 Gartner Eye on Innovation Award
Symetra is the winner of a 2021 Gartner Eye on Innovation Award for Financial Services in the Americas region. Gartner Inc.’s global award series recognizes innovative use of digital technology-enabled capabilities, products or services to highlight “best-in-class” financial industry initiatives launched within the past 12 months. Symetra received the award for its SwiftTermSM term life insurance platform, launched in June 2021.
By Symetra Life Insurance Company · Via Business Wire · November 4, 2021
Symetra Celebrates Climate Pledge Arena Launch with ‘Symetra Club’ Art Installation
Symetra celebrated the opening of the groundbreaking Climate Pledge Arena at Seattle Center on Oct. 22 with the installation of a commissioned artwork portraying the Bellevue, Washington-based life insurer’s vision to “create a world where more people have access to financial freedom.”
By Symetra Life Insurance Company · Via Business Wire · October 25, 2021
Symetra’s Benefits Division Appoints Two New Vice Presidents—Voluntary Practice Lead and Life, Disability and Voluntary Underwriting
Symetra Life Insurance Company today announced the appointments of two new vice presidents to its group Benefits Division: Craig Deep joins Symetra as vice president, Life, Disability and Voluntary Underwriting, and Michael Estep joins the company as vice president, Voluntary Practice Lead. Both executives report to Lisa Marecki, senior vice president of Symetra’s Life and Disability (LAD) and Select Benefits voluntary benefits product lines.
By Symetra Life Insurance Company · Via Business Wire · August 31, 2021
Symetra Receives Top Workplace Honors from Forbes and Puget Sound Business Journal
Symetra has been recognized as a top employer in Washington state by two leading business publications. Yesterday, the Puget Sound Business Journal honored the Bellevue, Wash.-based life insurer as No. 6 among the top 25 workplaces in the extra-large company category at its 2021 “Washington’s Best Workplaces” awards virtual event. Earlier this week, Symetra was named to Forbes’ 2021 “America’s Best-in-State Employers” list, ranked 24th among the top 60 employers in Washington.
By Symetra Life Insurance Company · Via Business Wire · August 27, 2021
Symetra Names Daniel Palermino SVP, Benefits Distribution and Field Service
Symetra Life Insurance Company today announced the appointment of Daniel Palermino as senior vice president, Benefits Distribution and Field Service. In this new role, Mr. Palermino will have responsibility for all aspects of sales and field service activities across the Benefits Division’s product lines, including group life and disability insurance, voluntary benefits and stop loss. He reports to Harry Monti, executive vice president, Benefits Division, and will be based in Massachusetts.
Symetra Names Solynn McCurdy SVP, Chief Diversity, Equity & Inclusion Officer
Symetra Life Insurance Company today announced the appointment of Solynn McCurdy as senior vice president, Chief Diversity, Equity and Inclusion Officer, a new role for the organization. Mr. McCurdy, who joins Symetra’s leadership team, will lead Symetra’s newly formed DE&I office, with responsibility for driving the company’s DE&I strategy. He reports to Anne-Marie Diouf, senior vice president, Chief Human Resources Officer.
Symetra’s New Critical Illness Insurance Offers Employers Expanded, Flexible Coverage Options to Help Protect Employees at Every Life Stage
Symetra Life Insurance Company, a national provider of employee benefits, has introduced an innovative new Critical Illness (CI) insurance product with a flexible plan design that gives employers the ability to tailor coverage to the needs of their specific workforce. Symetra Critical Illness offers a unique ‘life stage’ approach: In addition to coverages typically found in a Critical Illness policy — cancer, heart attack, stroke — it offers optional benefits for those starting or growing their family, for childhood diagnoses such as autism or development delay, and for conditions that appear later in life, such as dementia, allowing employees of all ages to get the financial support they need to navigate major life events.
Symetra Launches Two New Registered Index-linked Annuities
Symetra Life Insurance Company has introduced two new single-premium registered indexed-linked annuities (RILAs) for clients seeking retirement products that offer growth potential with some downside protection options—Symetra Trek® Plus Index-linked Annuity and Symetra Trek® Frontier Index-linked Annuity. The newest additions to Symetra’s broad product suite join the fast-growing index-linked annuities space, which had Q1 sales of $9.2 billion, an increase of 89 percent over the prior year. The market is expected to grow through 2025, according to the Secure Retirement Institute. 1
Symetra Honored as 2021 ‘Corporate Champion’ by the Puget Sound Business Journal
Symetra Life Insurance Company has been named a 2021 Corporate Champion by the Puget Sound Business Journal as part of the publication’s annual Corporate Citizenship Awards recognizing nine companies that “give back to their communities and inspire real change.” Symetra was honored as the Economic Opportunity award recipient for its support of two programs: United Way of King County’s “Bridge to Finish” initiative, which helps low-income students get the assistance they need to stay in school and complete their education; and “Care & Feeding,” a Symetra initiative which supported struggling small restaurants during the pandemic by funding meal preparation and delivery to healthcare facilities and homeless shelters.