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®) 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 (NYSE: SYA), 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.