MetLife​

Company Profile: MetLife® was founded in 1868 and has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. MetLife has helped generations of people around the world protect their finances, property, family and future. In the process, they have shown a commitment to safeguarding families, serving communities and strengthening society.

MetLife® is building a stronger and more agile company that can thrive in a variety of environments. MetLife is transforming and embracing new opportunities that build expertise in asset management, employee benefits and financial protection. They are investing in innovation, partnering with startups, digitizing their business and equipping themselves to compete in a changing world, while working hard to build a more protected world.

MetLife® is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company, better known as MetLife, and its affiliates.

​milestones:
  • 1863 - New York businessmen form National Union Life and Limb Insurance Company.
  • 1865 - Company is renamed National Life and Traveler's Insurance Company.
  • 1868 - National Traveler's Insurance Company is reorganized as Metropolitan Life Insurance Company.
  • 1893 - Metropolitan Tower, which would become a New York landmark, is commissioned.
  • 1909 - Metropolitan has more life insurance in force than any other company.
  • 1915 – Transformed into a mutually company (owned by its policyholders).
  • 1946 - By March, Metropolitan has paid out $42.1 million on World War II deaths.
  • 1966 - Replaced by Prudential as the number one life insurer in terms of assets.
  • 1974 - Begins offering auto and homeowners insurance.
  • 1975 - Begins writing individual retirement annuities.
  • 1980 - Completes the largest single building purchase (Pan Am Building) in history.
  • 1984 - Launches advertising campaign featuring the well-known Peanuts comic strip characters kicked off with the slogan, "Get Met. It Pays."
  • 1999 – Acquires St. Paul Economy Fire & Casualty Group the personal insurance lines of St. Paul Companies Inc.
  • 2000 - Metropolitan Life Insurance Company (MetLife) launches the seventh largest IPO ever held in the United States.
  • 2005 - Acquires Citigroup's Travelers Life & Annuity making MetLife the largest individual life insurer in North America.
  • 2010 - Acquires American Life Insurance Company (ALICO) creating one global company to meet the needs of 90 million customers in over 60 countries.
  • 2011 – Acquires naming rights to Meadowlands Stadium and renames it to MetLife Stadium.
  • 2019: Acquires PetFirst Healthcare, LLC  (“PetFirst”) enabling the company to offer a new benefit that is growing in popularity.
Financial Stability:​
  • MetLife® has a rating of A+ (Superior). Assigned to Insurance Companies with a superior to meet their ongoing obligations. stable outlook from AM Best Company.
  • Ratings apply to Metropolitan Life Insurance Company financial strength and claims- paying ability and not the performance of any products.
  • 2018 – more than $3.7 billion in net premiums.
Employee, Customer and Community Oriented:​
  • MetLife® has operated as a good corporate citizen for 150 years. MetLife has helped generations of people around the world protect their finances, property, family and future. In the process, they have shown their commitment to safeguarding families, serving communities and strengthening society.
    • For communities - Investing for the long term to deliver on promises to customers while helping to grow the global economy.
    • For business - Fostering a culture of ethics, integrity and risk management to underpin the company’s role as architects of a more protected world, with all employees taking ownership for managing risk.
    • For customers - Listening closely and shaping products and services to fulfill varied customer needs and meet their changing expectations.
    • For employees – Helping the global team in more than 40 countries grow and thrive by providing training and development, supporting health and wellness and promoting diversity and inclusion. MetLife is leading provider of employee benefits globally, protecting their own employees’ futures by offering comprehensive benefits.
    • For the environment - Committed to promoting a healthy planet for generations to come by reducing their environmental footprint.
    • For the underserved - Striving strive to improve financial health worldwide. MetLife and MetLife Foundation provided $44.4 million in grants in 2018, including $28.9 million for financial health.
Company Highlights:​
  • MetLife® sees their role as architects of a more protected world in a time of unprecedented and constant change. A commitment to corporate responsibility is integral to this core business purpose. They deliver on this commitment in many ways: through the security provided to customers, the claims paid during times of need, activities in the communities they served and long-term investments in the broader economy. The goal is to responsibly deliver long-term value for all stakeholders as they navigate life together. Throughout their 150-year history, MetLife has been a great place to work allowing interaction with customers, employees and communities around the world. Understanding different regions and cultures also allows them to better customize products and services. These efforts have been recognized by a broad range of external associations and the media for customer satisfaction, environmental sustainability, human rights, women’s rights and our work to help our returning Veterans pursue more from life.
    • Fortune Magazine, 2018 World's Most Admired Companies 2018 World's Most Admired Companies
    • Forbes, 2018 America’s Most Just Companies
    • Corporate Knights, 2018 Global 100 Most Sustainable Companies
    • Carbon Disclosure Project, 1 st U. S. Insurer to Achieve Carbon Neutrality
    • Working Mother Media, 2018 100 Best Companies for Working Mothers
    • G.I. Jobs Magazine, 2019 Military Friendly Employer, 2019 Military Spouse Employer and 2019 Military Supplier Diversity Program
    • National Association for Female Executives, 2018 Top 50 Companies for Executive Women
    • Human Rights Campaign, 2018 Best Places to Work for LGBTQ Equality
    • LATINA Style Magazine, 2018 Best Companies for Latinas to Work for in the U.S.
    • Reader's Digest, 2018 Most Trusted Brands

Industry Rankings:
  • MetLife® is 31 st largest Property and Casualty Insurer in the United States based upon 2018 results per AM Best.
  • 15 th largest writer of Homeowners coverage in the United States per NAIC.
  • 18 th largest writer of Private Passenger Auto coverage in the United States per NAIC.
  • 43 rd on the Fortune 500 list of largest corporations in 2018.
www.metlife.com
(425) 681-0996
8195 166th Ave Ne, #201
Redmond, WA 98052
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