World Financial

Lines of Insurance:

Auto, Life, Homeowners

AL, AK, AZ, AR, CA, CO, CT, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Name of Parent Company:
Safeco Corporation

Insurance subsidiaries:
Safeco Property & Casualty Insurance
Safeco Surety

SAFECO Insurance

Company Overview:

Company History: We focus on providing the insurance products that matter most to consumers – auto, homeowners and small-business policies. Our business helps people protect what they value and deal with the unexpected.

At Safeco, we are intent on offering the best mix of insurance coverages and pricing, and fulfilling the promise of our products when a loss occurs. Our most visible product is the personalized service and support we provide when a customer files a claim – whether it’s a fender-bender or the loss of a home. We have a history of thoughtful claims resolution, and we have earned a reputation for fairness that we work hard to uphold every day.

We sell our products exclusively through a national network of independent agents and brokers who give consumers choice and advice. Our mission is to make the experience of buying, selling and owning insurance easier than anyone else. We do that by delivering our products over a Web-based sales-and-service platform that enables our distribution partners to quote and issue an insurance policy or surety bond in a matter of minutes.Safeco provides insurance for individuals and for small- and mid-sized businesses. We offer a wide array of property and casualty insurance products, including personal auto and home as well as coverage for small- and mid-sized businesses, and surety bonds. We sell our products through a national network of agents and brokers. Our business helps people protect what they value and deal with the unexpected.

Safeco was established in 1923. Today Safeco has over 9,000 employees and revenues over 6.2 billion with 4.3 million personal and business customers nationwide. Safeco is represented by 9,000 independent agents and brokers

Principal Methods: Safeco is represented by more than 9,000 independent agents and brokers.

Auto Business: Safeco was ranked 18th for All property and casualty lines, 13th in All Personal Lines (Auto & Homeowners), 13th in Private Passenger Auto for Direct Premiums Written by A.M. Best in 2004

Homeowners Business: Safeco was ranked 12th in Homeowners Direct Premiums written by A.M. Best in 2004

Special Business: Safeco provides RV, Boat, Motorhome, and other types of specialty products in some states

Company Rating:
Best Insurance Reports: A
Url of page rating was collected: http://phx.corporate-ir.net/phoenix.zhtml?c=66188&p=irol-IRHome
Best Rating: Property/Casuatly Insurance Company (Financial Strength) Rated A
Safeco Corporation (Senior Debt) rated bbb+
Safeco Corporation (Capital Securities) rated bbb

Company Financial Status:
Ticker Symbol: SAF
Assets & Premiums: 2005 Financials:
Revenues = $6.351 Billion
Income =691 Million

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