September 27, 2016 7:30 PM ET

Insurance

Company Overview of Standard Insurance Company, Inc.

Company Overview

Standard Insurance Company, Inc. provides insurance, retirement, and investment products and services. It offers disability income insurance, annuities, and investment advice for individuals; life insurance, disability insurance, dental insurance, and retirement plans for businesses; and annuities, disability insurance, and compensation solutions for producers. The company also provides group accidental death and dismemberment insurance. Standard Insurance Company, Inc. was formerly known as Oregon Life Insurance Company and changed its name to Standard Insurance Company, Inc. in 1946. The company was founded in 1906 and is headquartered in Portland, Oregon. It has locations in Portland and ...

1100 SW Sixth Avenue

Suite 711

Portland, OR 97204

United States

Founded in 1906

Phone:

503-321-8447

Fax:

503-321-6776

Key Executives for Standard Insurance Company, Inc.

Chairman, Chief Executive Officer, President, Chairman of Stancorp Financial Group, Chief Executive Officer of Stancorp Financial Group and President of Stancorp Financial Group
Age: 58
Chief Financial Officer and Senior Vice President
Age: 59
Vice President and Associate Counsel
Vice President of Individual Disability Insurance and Corporate Marketing & Communications
Age: 49
Second Vice President
Compensation as of Fiscal Year 2016.

Standard Insurance Company, Inc. Key Developments

The Standard Names Liz Fouts Second Vice President and Associate Counsel in Retirement Plans and Individual Annuities

Standard Insurance Company has promoted Liz Fouts to second vice president and associate counsel for Retirement Plans and Individual Annuities. In her new role, Fouts will oversee legal and compliance for retirement plans and individual annuities. Fouts brings more than 15 years of legal experience to her role. Prior to joining The Standard, Fouts was in-house counsel for ALL Student Loan.

Standard Insurance Company Announces New Dental Product

A new dental insurance product that helps employers provide simple and cost-effective benefits is now available from Standard Insurance Company. Hybrid Dental Care is a comprehensive solution for employers looking to offer employees high-quality dental coverage at rates that may be as much as 55% less than The Standard’s traditional plans. In addition to lower rates, Hybrid Dental Care can be paired with the tax advantages of an FSA or HSA, resulting in even greater savings for employees. The plan also offers a $3,000 annual maximum benefit — twice the typical amount of traditional dental plans— providing helpful coverage for employees who need more than a routine cleaning or checkup. Hybrid Dental Care is available for groups with 10 or more employees and allows employers to offer either contributory or noncontributory plans. In addition, the plans allow employees access to Ameritas’ nationwide dental provider network -with more than 416,000 access points for quality dental care at discounted fees. This policy has exclusions, limitations, reduction of benefits, and terms under which the policy may be continued in force or terminated.

Standard Insurance Company Names Maggie Cormier as Second Vice President and Associate Actuary in Individual Disability Insurance

Standard Insurance Company has promoted Maggie Cormier to second vice president and associate actuary for Individual Disability Insurance. In her new role, Cormier will oversee all IDI actuarial functions including financial reporting, product development and pricing. Cormier brings 18 years of actuarial experience to her role. Cormier joined The Standard in 2014 as senior director and assistant actuary and was responsible for leading the individual disability pricing team and managing IDI's relationship with its reinsurer. Previously, Cormier led the individual disability pricing team for Guardian Life. She also worked at Unum in group disability pricing and began her actuarial career with Blue Cross Blue Shield of Vermont.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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