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  • Symetra Hires Kevin Knull to Develop Registered Product Strategy

    July 22, 2011 by N/A

    BELLEVUE, Wash., Jul 21, 2011 (BUSINESS WIRE) — Symetra Life Insurance
    Company today announced plans to expand its annuities portfolio and develop new
    registered products. Symetra also named a new leader to head up product strategy
    and development for this emerging registered annuity business.

    Kevin Knull has joined the company as senior vice president, Registered
    Investments. In this role, he will lead the creation of Symetra’s registered
    annuity business, with an initial focus on lower-cost variable annuities that do
    not offer living benefit guarantees. He will report to Dan Guilbert, executive
    vice president of Symetra’s Retirement Division.

    Knull most recently served as CEO of The Knull Group, LLC, a consulting firm
    focused on product and sales strategies for investment and insurance companies.
    He previously spent nine years at The Hartford Financial Services Group in a
    variety of sales leadership positions. At The Hartford, Knull and his team of
    wholesalers represented variable annuities, fixed annuities, 401(k) and other
    tax-deferred investments with financial planning, wirehouse and regional
    investment firms.

    “Kevin has deep knowledge of variable annuity products, and he knows what it
    takes to be successful with registered representatives and fee-based investment
    advisors. With his understanding of distributor processes, we can build products
    that help solve challenges for advisors and their clients,” said Guilbert.
    “Driven by Kevin’s energy and extensive registered product experience, we look
    forward to pursuing this new market opportunity to grow and diversify our
    retirement business.”

    Knull earned a bachelor of science degree at the United States Coast Guard
    Academy. He is a Certified Financial Planner (CFP(R)) and currently serves on
    the board of directors of the National Capital Area Financial Planning
    Association in Washington, D.C. He will be based in Bellevue, Wash.

    About Symetra

    Symetra Life Insurance Company is a subsidiary of Symetra Financial
    Corporation /quotes/zigman/474717/quotes/nls/sya SYA
    -1.30%
    , a
    diversified financial services company based in Bellevue, Wash. In business
    since 1957, Symetra provides employee benefits, annuities and life insurance
    through a national network of benefit consultants, financial institutions, and
    independent agents and advisors. For more information, visit www.symetra.com .

    Safe Harbor Statement

    In this press release, all statements that are not purely about historical
    facts, including, but not limited to, those in which we use the words “will,”
    “believe,” “anticipate,” “expect,” “plan,” “want,” “intend,” “estimate”,
    “potential” and similar expressions, are forward-looking statements within the
    meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking
    statements give expectations or forecasts of future events. In particular, these
    include statements relating to future actions, prospective services or products,
    future performance or results of current and anticipated services or products,
    sales efforts, expenses, and the trends in operations and financial results.

    Any or all forward-looking statements may turn out to be wrong. They can be
    affected by inaccurate assumptions or by known or unknown risks and
    uncertainties. Many such factors will be important in determining Symetra’s
    actual future results. Consequently, no forward-looking statement can be
    guaranteed, and forward-looking statements may be adversely affected by factors,
    including general market conditions and competitive product development. Risks,
    uncertainties and other factors that might cause such differences include the
    risks, uncertainties and other factors identified in Symetra’s filings with the
    U.S. Securities and Exchange Commission.

    Symetra does not undertake any obligation to publicly correct or update any
    forward-looking statement if Symetra later becomes aware that such statement is
    not likely to be achieved.
    SOURCE: Symetra Life Insurance Company

            
            Symetra Life Insurance Company 
            Investor Relations: 
            Jim Pirak, 425-256-8284 
            jim.pirak@symetra.com 
            or 
            Media Relations: 
            Diana McSweeney, 425-256-6167 
            diana.mcsweeney@symetra.com

    Copyright Business Wire 2011

    Originally Posted at MarketWatch on July 21, 2011 by N/A.

    Categories: Industry Articles
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