The Standard

Standard Insurance Company, commonly known as The Standard, is a prominent American insurance and financial services provider headquartered in Portland, Oregon. Established in 1906 by Leo Samuel as the Oregon Life Insurance Company, it changed its name to Standard Insurance Company in 1946.

The company offers a comprehensive suite of products and services designed to meet the diverse needs of individuals, families, and businesses.

Product and Service Offerings

The Standard specializes in a wide array of insurance and financial solutions, including:

• Group and Individual Disability Insurance: Providing income protection for employees and individuals in the event of illness or injury.
• Group Life and Accidental Death & Dismemberment (AD&D) Insurance: Offering financial security to beneficiaries in case of untimely death or serious injury.
• Dental Insurance: Ensuring access to quality dental care for individuals and groups.
• Retirement Plans: Including 401(k) plans and other retirement solutions to help clients plan for a secure financial future.
• Individual Annuities: Providing options for individuals to secure a steady income stream during retirement.

These offerings are designed to cater to the needs of over 8.5 million people across more than 30,000 employers in the United States.

Corporate Structure and Financials

The Standard operates as a subsidiary of StanCorp Financial Group, Inc., which was acquired by Meiji Yasuda Life Insurance Company, a Japanese mutual insurance group, in the first quarter of 2016 for $5 billion.

As of 2008, the company employed approximately 3,400 individuals and reported assets totaling $14.56 billion.

Headquarters and Office Locations

The Standard's headquarters are situated in downtown Portland, Oregon, at the Standard Insurance Center, a 27-story office building completed in 1970. The company also owns the neighboring Standard Plaza, a 16-story office building completed in 1963.

Beyond its headquarters, The Standard maintains a significant presence in various locations.

• Portland, Oregon (headquarters)
• Atlanta, GA, USA
• Makati City, Philippines
• Manila, Philippines
• Cebu City, Philippines
• General Santos City, Philippines
• Cagayan, Philippines
• Santiago City, Philippines
• Iloilo City, Philippines
• Roxas City, Philippines

These offices are strategically located to serve a broad client base throughout the regions.

Through its extensive range of products and services, coupled with a strong presence both domestically and internationally, The Standard continues to be a trusted provider of insurance and financial solutions, committed to meeting the evolving needs of its diverse clientele.