The Standard is a marketing name for StanCorp Financial Group, Inc., and its wholly owned subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Oregon, in all states except New York, where insurance products are offered by The Standard Life Insurance Company of New York of White Plains, New York. StanCorp Equities, Inc., member FINRA, wholesales a group annuity contract issued by Standard Insurance Company and a mutual fund trust platform for retirement plans. Third-party administrative services are provided by Standard Retirement Services, Inc., of Portland, Oregon. Investment advisory services are offered through StanCorp Investment Advisers, Inc., of Portland, Oregon. Commercial real estate loans are originated, underwritten, serviced by StanCorp Mortgage Investors, LLC, and a network of commercial mortgage banking correspondents. Product features and availability vary by state and company and are solely the responsibility of each subsidiary.
Company
Quick Facts About The Standard
We provide insurance coverage to more than 6 million individuals nationwide. Our products and services make a difference to more than 30,000 employers who trust us with their group insurance and retirement plans.
These facts provide a quick snapshot of StanCorp Financial Group, Inc., and its primary subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., and StanCorp Mortgage Investors, LLC. All information is current as of Dec. 31, 2017, and is updated annually.
StanCorp Financial Group, Inc.
StanCorp Financial Group, Inc., is the holding company for businesses that provide insurance, retirement and investment products and services.
- Headquartered in Portland, Oregon
- Incorporated in 1998
- Became a public company in 1999
- Joined Meiji Yasuda family of companies March 7, 2016
- StanCorp and its primary operating subsidiaries together employ approximately 3,100 people
- Total assets under administration: $31.61 billion
Standard Insurance Company
- Headquartered in Portland, Oregon
- Chartered in 1906 as Oregon Life Insurance Company
- Mutualized in 1929
- Name changed to Standard Insurance Company in 1946
- Demutualized in 1999
- Licensed in 49 states, the District of Columbia and the United States Territories of Guam, Puerto Rico and the Virgin Islands
- Number of employees: 2,505
- Primary products:
- Group disability insurance
- Individual disability insurance
- Group life insurance
- Group accidental death and dismemberment insurance
- Group dental insurance
- Group vision insurance
- Group accident, critical illness and hospital indemnity insurance
- Retirement plans
- Annuities
- Absence management services
- Number of Employee Benefits policies in force: approximately 25,200
- Number of employees covered: approximately 6.5 million
- Number of individual insurance policies in force and individual annuities: approximately 178,500
The Standard Life Insurance Company of New York
- Headquartered in White Plains, New York
- Licensed in 2000
- Number of employees: 79
- Products:
- Group disability insurance
- Individual disability insurance
- Group life insurance
- Group accidental death and dismemberment insurance
- Group dental insurance
- Group vision insurance
Standard Retirement Services, Inc.
- Headquartered in Portland, Oregon
- Organized in January 2007
- Number of employees: 367
- Administration and servicing operations for retirement plans group annuity contracts
- Trust products
StanCorp Mortgage Investors, LLC
- Headquartered in Hillsboro, Oregon
- Organized in 1996
- Number of employees: 75
- Origination, participation and servicing of commercial mortgage loans
- Amount of mortgage loans under administration for StanCorp Financial Group, Inc.: $6.58 billion
- Amount of mortgage loans under administration for other investors: $3.56 billion
- Total number of loans under management: approximately 6,200