Together with other structured settlement brokers I received the following from Randall Talbott CEO of Symetra Financial...
Dear Valued Partner:
As you read through our report, you’ll notice that the theme focuses on Symetra Financial’s readiness to take flight. Our costs are down, our platform is efficient, we are financially strong and we continue to see building sales momentum.
In 2005, we put the transition behind us, completing the complicated project on time and under budget. We also more fully aligned our distribution with today’s marketplace opportunities, launched new products and services, and earned a ratings upgrade from Standard & Poor’s.
We are a company with renewed passion to grow in the retirement planning, life insurance and employee benefits arenas. These are the right businesses, and we have the right agents, brokers and third party administrators to make it happen.
There will be challenges ahead, but we have done the hard work to create a company that is solidly built to compete. That is more today than at any other time in our near half-century history.
President and CEO
There is no mention in the Symetra Annual Report about Clearscape Funding Corporation, the factoring company that it owns and has been marketed by its annuity department. Here are the "contact us" addresses from the web sites of both Symetra and Clearscape.
Clearscape Funding Contact Information
C'mon folks it's the same address and same bloody suite number in Bellvue, WA...who are you kidding? Come out of the closet already!
To its credit Clearscape has finally yanked the "dude your getting a lump sum" rasta-preppy dude from its advertising. The replacement is a "buppie" (black urban professional) tie-loosened for the effect of "a hard working stiff". Much more effective. Clearscape even now lists other alternatives to selling your structured settlement payment rights. It's nice to finally see a level of responsibility. Keep it up.