BNET Industries

SAFECO Corp.

(SAF) is in the Financial Services Industry

Last Fiscal Year Sales:$6.2B
  • Public
  • US
Dow Jones Description

We are a Washington State corporation with headquarters in Seattle. We had 9,200 employees at February 25, 2005. We?ve been in business since 1923 serving the insurance needs of drivers, home owners and small- and medium-sized businesses. Our business helps people protect what they value and deal with the unexpected. In 2004, we took steps to position Safeco for continued profitable growth. We completed the sale of our Life & Investments business. We rolled out Safeco Now, our unified, Web-based sales-and-service platform. We reorganized our company around the way we operate. With these actions, we are a focused, more nimble company. We?re intent on delivering the best mix of insurance coverages and pricing to our distributors and customers, and fulfilling the promise of our products when a loss occurs. Our Vision and Strategy Our vision is to be one of the top-performing property and casualty (P&C) insurance companies in the industry. To achieve our vision, we must be distinctly good at motivating our independent distributors to sell our products.

President, Distr, Marketing, Sales
Jeffrey Roe
Number of Employees 7,057
Contact Information

4333 Brooklyn Avenue NE

Seattle, Washington 98185

www.safeco.com

(206) 545-5000

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Recent Events

  • New rail spurs coming to CSX-served coal facility in Kentucky, Canadian iron-ore processing plant in...

    11/02/09 - Joint Venture / Alliance - View Story

  • Judge: Safeco Can't Recover $1 Million in Defense Costs From Lloyd's Underwriters

    10/09/09 - Legal Settlement - View Story

  • Daybook for Friday, Sept 4: Status Hearing in Safeco Suit Against AIG

    9/03/09 - Merger / Acquisition - View Story

  • Safeco Insurance Names Two New Central Region Executives

    8/10/09 - Mgmt. Change Entering - Other - View Story

  • King County exec. job: Less turf, more demands

    7/26/09 - Licensing / Contract - View Story

  • Rates by State Offers a Bird-Eye View of Home Insurance Trends Across the Country

    7/20/09 - Joint Venture / Alliance - View Story

  • SEC files three insider-trading cases involving Safeco sale

    7/16/09 - Merger / Acquisition - View Story

  • Liberty Mutual Sets Sights on Product Development, Sees a More Nimble, Speedy and Robust Future

    7/11/09 - Merger / Acquisition - View Story

News & Analysis

safeco corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Jeffrey Roe President, Distr, Marketing, Sales
Kim Garland President, Open Seas Insurance
Arthur Chong Chief Legal Officer & Executive Vice President
Lew Augustine Chief Risk Officer
Ronald L. Spaulding Chief Investment Officer & Treasurer
William Jenks CIO
Yom Senegor CIO & Executive Vice President
Allie Mysliwy Executive Vice President
Dale E. Lauer Executive Vice President
Mike Hughes Executive Vice President, Insurance Operations
Craig Curtner Senior Vice President, Corp Relations
Edward J. Heffernan Senior Vice President, Govt Relations
Gregory Tacchetti Senior Vice President
James Ruddy General Counsel & Senior Vice President
John Ammendola Senior Vice President, Finance Planning & Analysis
Maurice Hebert Senior Vice President
Myron Hendry Senior Vice President, Service
Ted Haracz Senior Vice President, Marketing, Strategic Planning
Terri Dalenta Senior Vice President, Claims & Services
W. Myron Hendry Senior Vice President
Charles F. Horne Vice President & Controller
Michelle McEttrick Director, Marketing
Neal Fuller Director, Investor Relations
Tom Troy Head, Safeco Business Insurance

Board of Directors

Name (plus bio) Position
Joseph W. Brown Chairman
Gary F. Locke Board of Directors
John Hamlin Board of Directors
Joshua Green III Board of Directors
Judith M. Runstad Board of Directors
Kerry K. Killinger Board of Directors
Paula Rosput Reynolds Board of Directors
Peter L.S. Currie Board of Directors
Robert S. Cline Board of Directors
William G. Reed Jr. Board of Directors

Organization Position Status
Safeco Corporation President, Distr, Marketing, Sales Current

Organization Position Status
Safeco Corporation President, Open Seas Insurance Current

Organization Position Status
Safeco Corporation Chief Legal Officer & Executive Vice President Current
Broadcom Corporation General Counsel, Secretary & Senior Vice President Current
Broadcom Korea Senior Vice President Current
Broadcom Corporation General Counsel Current
Broadcom Korea General Counsel Current
Broadcom Korea Secretary Current
Broadcom Corporation Board of Directors Current
Harvard Law School J.D. Former
University of California, Berkeley bachelor's degree Former

Organization Position Status
Safeco Corporation Chief Risk Officer Current

Organization Position Status
Safeco Corporation Chief Investment Officer & Treasurer Current

Organization Position Status
Safeco Corporation CIO Current

Organization Position Status
Safeco Corporation CIO & Executive Vice President Current

Organization Position Status
Safeco Corporation Executive Vice President Current

Organization Position Status
Safeco Corporation Executive Vice President Current
SAFECO Property & Casualty Insurance Companies Senior Vice President, American States Business Insurance Former
SBI Incorporated Former

Organization Position Status
Safeco Corporation Executive Vice President, Insurance Operations Current
Hartford Financial Services, Inc. executive vice president Former

Organization Position Status
Safeco Corporation Senior Vice President, Corp Relations Current

Organization Position Status
Safeco Corporation Senior Vice President, Govt Relations Current
Seattle Public Library Foundation Board of Directors Current

Organization Position Status
Safeco Corporation Senior Vice President Current
GEICO Corporation Former

Organization Position Status
Safeco Corporation General Counsel & Senior Vice President Current

Organization Position Status
Safeco Corporation Senior Vice President, Finance Planning & Analysis Current
Direct Response Corporation Current
GEICO Corporation Assistant Vice President of Geico's Mid, Atlantic Region Former
Suburban Technical School Diploma In Electronic Technology Former

Organization Position Status
Safeco Corporation Senior Vice President Current

Organization Position Status
Safeco Corporation Senior Vice President, Service Current
CNA senior vice president of Worldwide Operations Former
University of Central Florida B.S. degree in Management Former

Organization Position Status
Safeco Corporation Senior Vice President, Marketing, Strategic Planning Current

Organization Position Status
Safeco Corporation Senior Vice President, Claims & Services Current
Aetna Inc. Former

Organization Position Status
Safeco Corporation Senior Vice President Current

Organization Position Status
Safeco Corporation Vice President & Controller Current
Dell Inc. finance Director Former
New York University Master of Business Administration degree Former
University of California, Davis degree in Political Science and Public Service Former

Organization Position Status
Safeco Corporation Director, Marketing Current

Organization Position Status
Safeco Corporation Director, Investor Relations Current
Safeco Corporation Director, Investor Relations Former

Organization Position Status
Safeco Corporation Head, Safeco Business Insurance Current

Organization Position Status
MBIA Inc. Chairman and Chief Executive Officer Current
Safeco Corporation Chairman Current
Safeco Corporation Board of Directors Current
Fireman's Fund Insurance Company CEO Former
Fireman's Fund Insurance Company president Former
MBIA Inc. Board of Directors Former

Organization Position Status
Safeco Corporation Board of Directors Current
Davis Wright Tremaine LLP Partner Former

Organization Position Status
Safeco Corporation Board of Directors Current

Organization Position Status
Joshua Green Corporation Chairman & CEO Current
Safeco Corporation Board of Directors Current

Organization Position Status
Safeco Corporation Board of Directors Current

Organization Position Status
Safeco Corporation Board of Directors Current
The Financial Services Roundtable Board of Directors Current
Partnership for Learning Board of Directors Current
Seattle Chamber of Commerce Board of Directors Current
Washington Mutual, Inc. Chief Executive Officer Former
Murphey Favre, Inc. Executive Vice President Former
Washington Mutual, Inc. Executive Vice President Former
Washington Mutual, Inc. Senior Vice President, Financial Management, Research, Investor Relations & Corporate Marketing Former
Bankers Life Insurance Company Investment Analyst, Nebraska Former
Washington Mutual, Inc. Chairman Former
Washington Round Table Board of Directors Former
Washington Mutual, Inc. Board of Directors Former
The University of Iowa MBA Former
The University of Iowa B.A. Former

Organization Position Status
American International Group, Inc. Chief Liaison, Federal Reserve Bank of New York Current
Coca-Cola Enterprises Inc. Board of Directors Current
Anadarko Petroleum Corporation Board of Directors Current
Safeco Corporation Board of Directors Current
Delta Air Lines, Inc. Board of Directors Current
Seattle Art Museum Board of Directors Current
Atlanta Gas Light Company Chief Executive Officer Former
AGL Resources Inc. Chief Executive Officer Former
Safeco Corporation President & Chief Executive Officer Former
Atlanta Gas Light Company Chairman, President & Coo Former
AGL Resources Inc. President Former
AGL Resources Inc. Chairman Former
Delta Air Lines, Inc. Director Former
Wellesley College Former

Organization Position Status
Safeco Corporation Board of Directors Current
Tellme Networks, Inc. Board of Directors Current
Tellme Board of Directors Current
Clearwire Corporation Board of Directors Current
Sun Microsystems, Inc. Board of Directors Current
Netscape Communications Corporation CFO Former
McCaw Cellular Communications Chief Financial Officer Former
Netscape Network Chief Administrative Officer Former
McCaw Cellular Communications, Inc. chief financial officer Former
McCaw Cellular Communications, Inc. executive vice president Former
McCaw Cellular Communications Executive Vice President, Corporate Development Former
Netscape Network Executive Vice President Former
Netscape Communications Corporation Executive Vice President Former
Morgan Stanley Principal Former
CNET Networks, Inc. Board of Directors Former
ZANTAZ Inc. Board of Directors Former
Stanford University M.B.A. Former
Williams College B.A. Former

Organization Position Status
Esterline Technologies Corporation Board of Directors Current
Safeco Corporation Board of Directors Current
Esterline Technologies Corporation Director Former

Organization Position Status
Safeco Corporation Board of Directors Current

Executive News

  • AIG Taps Benmosche as CEO

    The Wall Street Journal Interactive Edition - 8/28/09 - View Story

  • REG-American Intnl Group Robert G. Gifford Named President and CEO of AIG Global Real Estate

    Reuters - 8/10/09 - View Story

  • REG-American Intnl Group William J. Glasgow Named Chief Restructuring Officer of AIG Global Real Estate

    Reuters - 8/10/09 - View Story

  • Federal judge rejects portion of WaMu shareholder lawsuit

    Seattle Bizjournals - 5/16/09 - View Story

  • Archive Top feds scouring WaMu files for evidence of fraud

    Seattle Times - 5/16/09 - View Story

  • Class-action lawsuit against Washington Mutual sent back for revisions

    Seattle Times - 5/16/09 - View Story