Symetra Adds to Annuities Distribution Team
Bellevue, Wash. — (August 23, 2006) — Symetra
SM Financial today announced that Randy Namin has joined the company as director of national accounts – annuities. As part of Symetra’s independent agent distribution team, Namin will oversee national agency partnerships and drive annuities business development.
"Agents are well-positioned to provide the kind of independent advice and freedom of choice that can help guide clients toward a more secure financial future," said Branden McAllister, national sales manager for the independent distribution channel at Symetra Financial. "Randy will play a key role as we continue partnering with large distribution networks and their affiliated agents to better meet the retirement income needs of clients nationwide."
Namin comes to Symetra from Infinex Investments Inc., one of the country’s foremost investment and insurance third-party marketing firms, where he served as a vice president and regional director. Namin has also held numerous management positions at institutions such as the Toronto-Dominion Bank, Fuji Bank, Ltd., and U.S. Trust.
Symetra annuities are designed to offer a secure way to build retirement savings and ensure retirees receive a lifetime of income. The annuities provide stable, dependable returns over time and generate regular "pension like" payments for investors. Annuity interest rates are guaranteed by Symetra Life Insurance Company.
About Symetra Financial
Symetra Financial is a family of companies with nearly a half-century of experience providing retirement plans, employee benefits, annuities and life insurance through independent distributors nationwide. Its insurance company subsidiaries have nearly $20 billion in assets
1. Symetra Financial is owned by an investor group led by White Mountains Insurance Group Ltd. and Berkshire Hathaway Inc. For more information, visit Symetra Financial's Website at
www.symetra.com.
1 Source: Total GAAP assets per closing statements of December 31, 2004
Symetra annuities are issued by Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. Not available in all states. Guarantees and benefits are subject to the claims-paying ability of the underlying insurance company.
Symetra® and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004.
