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Symetra Financial Corporation  (SYA)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial
 

Symetra Financial's Customers Performance

SYA

 
SYA's Source of Revenues In the Q3, Symetra Financial Corporation's corporate clients experienced a fall by -26.19 % in their costs of revenue, compared to a year ago, sequentially costs of revenue grew by 9.33 %. During the corresponding time, Symetra Financial Corporation recorded revenue increase by 2.4 % year on year, sequentially revenue fell by -2.58 %. While revenue at the Symetra Financial Corporation's corporate clients recorded rose by 10.86 % year on year, sequentially revenue grew by 2.62 %.

List of SYA Customers




Customers of Symetra Financial Corporation saw their costs of revenue fall by -26.19 % in Q3 compare to a year ago, sequentially costs of revenue grew by 9.33 %, for the same period Symetra Financial Corporation recorded revenue increase by 2.4 % year on year, sequentially revnue fell by -2.58 %.

List of SYA Customers


   
Customers Net Income grew in Q3 by Customers Net margin grew to
31.08 % 12.2 %



Symetra Financial's Customers, Q3 2015 Revenue Growth By Industry
Customers in Construction Raw Materials Industry -20.35 %   
Customers in Construction Services Industry      18.93 %
Customers in Consumer Financial Services Industry -39.62 %   
Customers in Accident & Health Insurance Industry      2.55 %
Customers in Life Insurance Industry      0.73 %
Customers in Insurance Brokerage Industry      1.13 %
Customers in Property & Casualty Insurance Industry      110.73 %
Customers in Investment Services Industry      25.03 %
Customers in Miscellaneous Financial Services Industry      22.31 %
Customers in Money Center Banks Industry      6.25 %
Customers in Regional Banks Industry      1.37 %
Customers in S&Ls Savings Banks Industry -4.23 %   
Customers in Commercial Banks Industry -9.82 %   
Customers in Blank Checks Industry      10.6 %
Customers in Healthcare Facilities Industry      46.6 %
Customers in In Vitro & In Vivo Diagnostic Substances Industry      5.88 %
Customers in Advertising Industry      0.98 %
Customers in Cloud Computing & Data Analytics Industry -0.52 %   
Customers in Software & Programming Industry      606.9 %
Customers in Pharmacy Services & Retail Drugstore Industry      5.04 %
Customers in Wholesale Industry      6.04 %
     
• Customers Valuation • Customers Mgmt. Effect.


Symetra Financial's Comment on Sales, Marketing and Customers



We offer our life insurance products primarily through retail channels, including brokerage general agents, financial institutions, independent agents, and financial advisers. We utilize specialty agents to distribute our BOLI and variable COLI products.

We distribute our SPIAs primarily through financial institutions, BGAs and broker-dealers, with sales and marketing support provided by our wholesalers.

We distribute our deferred annuities primarily through financial institutions and broker-dealers, with sales and marketing support provided by our wholesalers. By providing our distribution partners with high levels of service and attractive products, we seek to cultivate strong relationships. The attractiveness of our products to distributors depends on many factors, including the interest rates we credit initially and through the life of our traditional fixed annuity contract and the cap rates we offer on our FIA products.

We sell our employment-based benefits products through several types of distributors, including third party administrators (TPAs), brokers, consultants and administrative services only (ASO) insurance carriers. ASOs are fully-insured carriers that offer administrative services to employer self-funded health plans and also distribute medical stop-loss insurance to those employers. We aim to leverage our leadership position in the medical stop-loss market to continue expanding sales of other employment-based benefits products and build our reputation as a multi-line carrier.


We work closely with our distribution partners to ensure that we are well-positioned to offer benefits solutions to employers that participate in private health insurance exchanges. Our limited benefit medical product is currently offered on exchanges, and we are focused on expanding sales through this channel. We believe our strong relationships with premier benefits brokers across the country provide a platform for distributing our products and driving sales growth. Additionally, we plan to expand our network of benefits brokers and consultants to further increase our sales opportunities.