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
“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
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.
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 .
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“potential” and similar expressions, are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking
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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 firstname.lastname@example.org or Media Relations: Diana McSweeney, 425-256-6167 email@example.com
Copyright Business Wire 2011