Markel Insurance

Company Profile: MetLife® was founded in 1868 and is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries They have 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.
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.
  • 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.
  • 2020 – Sells P&C Operations to FARMERS INSURANCE℠ for 3.94 billion.
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 and Community Oriented:
MetLife® has operated as a good corporate citizen for 150 years. 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. The goal is to responsibly deliver long-term value for all stakeholders as they navigate life together. 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.
  • 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.
  • 2020 - Fortune Magazine - World’s Most Admired Companies
  • 2020 - Disability Equality Index - Best Place to Work for Disability Inclusion
  • 2013-2020 - G.I. Jobs - Military Friendly Employers and Military Friendly Spouse Employers
  • 2004-2019 - Human Rights Campaign, perfect score - Best Places to Work for LGBT Equality
  • 2008-2018 - LATINA Style Magazine - Best Companies for Latinas
  • 2016-2018 - National Association for Female Executives - Top Companies for Executive Women
  • 1999 -2018 - Working Mother Media - 100 Best Companies Hall of Fame
Industry Rankings:
  • MetLife® is 31 st largest Property and Casualty Insurer in the United States based upon 2018
    results per AM Best.
  • 15th largest writer of Homeowners coverage in the United States per NAIC.
  • 18th largest writer of Private Passenger Auto coverage in the United States per NAIC.
  • 48th on the Fortune 500 list of largest corporations in 2020.

Products Offered

Safeguard Your Household
GrandProtect®
Combo™
    Auto Insurance
    Home Insurance
    Condo Insurance
    Landlord Insurance
    Recreational Vehicles Insurance
  • Motorcycles, ATVs, snowmobiles, and dirt bikes
  • Motorhomes, campers, and travel trailers
  • Golf carts, scooters, and transport trailers
  • Boat Insurance
  • Legal Insurance
    Pet Insurance

Operating Territory

www.metlife.com
(425) 681-0996
8561 154th Ave NE
Suite 250
Redmond, WA 98052​
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