Standard Insurance Company
Products
Annuity Health Life
Standard Insurance Company, also known as The Standard, is an American insurance and financial company. It is a subsidiary of StanCorp Financial Group and is headquartered in Portland, Oregon. The company was founded by Leo Samuel, a German immigrant, on February 24, 1906, originally as the Oregon Life Insurance Company. The name was changed to Standard Insurance Company in 1946. The company was purchased by Meiji Yasuda, a Japanese mutual insurance group, in the first quarter of 2016 for $5 billion. The Standard provides coverage to 8.5 million people in the USA through and out of above 30,000 employers. It offers group and individual disability insurance, group life, AD&D and dental insurance, retirement plans products and services, and individual annuities. The company is licensed in 49 states and Washington, DC, and also operates as Standard Life Insurance Company of New York in New York. As of 2008, the company had 3,400 employees. The company’s assets were valued at $14.56 billion as of March 31, 2009.
| Company Details | |
|---|---|
| Founded | 1906 |
| Phone | 971-321-7000 |
| Address |
1100 Southwest Sixth Avenue Portland, OR 97204 |
| States Licenses | AK,AL,AR,AZ,CA,CO,CT,DC,DE,FL,GA,HI,IA,ID,IL,IN,KS,KY,LA,MA,MD,ME,MI,MN,MO,MS,MT,NC,ND,NE,NH,NJ,NM,NV,OH,OK,OR,PA,PR,RI,SC,SD,TN,TX,UT,VA,VT,WA,WI,WV,WY |
| Insurance Types | Annuity, Health, Life |
| A.M. Best | A |
| BBB Rating |