Richard Sippel Joins Symetra as
National Sales Manager for Financial Institutions
Bellevue, Wash. — (October 2, 2006) — Symetra
SM Financial today announced that G. Richard Sippel has been named national sales manager for the financial institutions channel. Sippel will help direct business development efforts with Symetra’s banking partners nationwide.
Before joining Symetra, Sippel managed wholesaling activities for banks, Broker/Dealers, and other financial planners as a vice president with Phoenix Life and Annuity Company. His background also includes extensive annuity and financial product distribution experience with companies such as Liberty Funds Distributor, Inc., Keyport Life Insurance Company, and James Mitchell & Co. Sippel is a graduate of the University of Southern California.
"Today, banks are increasingly looking for competitive products and the right partners to help their customers achieve greater financial security," said Rod Halvorson, Symetra’s senior vice president who heads the financial institutions channel. "With his wealth of experience in developing effective financial solutions for banks, Dick will play an important role as we continue to expand our relationships with banking partners."
"With a true understanding of the needs of banks and their customers — and an impressive array of financial products to meet those needs, Symetra was a natural fit for me," said Sippel. "I am delighted to be part of a team that is so dedicated to furthering the success of its distribution partners."
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. The company has more than $20 billion in assets
1 and 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.
Symetra Financial:
Reach for Great Things.
1 Source: Total GAAP assets per closing statements of December 31, 2005.
Symetra® and the Symetra Financial logo are registered service marks of Symetra Life Insurance Company, 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004.
