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http://www.symetra.com
April 11, 2011 11:10 AM Eastern Daylight Time 

Symetra Names Mike Tinsley Senior Vice President, Life Product Development and Client Solutions

BELLEVUE, Wash.--(BUSINESS WIRE)--Symetra Life Insurance Company today announced that Mike Tinsley has been named senior vice president, Life Product Development and Client Solutions, effective April 18, 2011. His appointment underscores the company’s commitment to growing and diversifying its life insurance business.

“Mike brings to our team a unique blend of product management, field sales, distribution and strategic marketing experience gained at a highly regarded life company. We look forward to his leadership in defining our life product strategy and, over time, bringing an array of new products to market”

At Symetra, Tinsley will drive innovation and direct the development of new individual life products and product enhancements. With a more robust life portfolio, the company intends to expand its network of life distributors and generate increased sales. Tinsley will report to Jon Curley, executive vice president of Symetra’s Life Division.

Tinsley joins Symetra from Pacific Life Insurance Company, where he most recently served as vice president, Life Product Development and Strategic Marketing. In this role, Tinsley was responsible for the entire product development life cycle, from product strategy and market research to product selection and development to field testing. At Pacific Life, he managed a portfolio of nearly 20 life insurance products, including a range of guaranteed and current assumption universal life, variable universal life, whole life and term life insurance products. He also was a key driver behind Pacific Life’s successful venture into indexed universal life insurance products in 2005.

Tinsley started his Pacific Life career in 1977 as an agent, and he steadily moved up the management ranks. After leading Pacific Life’s Seattle branch office regional sales operation for 15 years, Tinsley left the company in 1999 to become a principal at the Lyman Tinsley Group, an advanced markets, life insurance advisory and sales firm based in Seattle. He returned to Pacific Life in 2002 to assume the product leadership position.

“Mike brings to our team a unique blend of product management, field sales, distribution and strategic marketing experience gained at a highly regarded life company. We look forward to his leadership in defining our life product strategy and, over time, bringing an array of new products to market,” said Curley.

Tinsley graduated from California State University, Long Beach with a bachelor of arts degree in political science. He is a member of the Association of Advanced Life Underwriting (AALU).

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 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.

Contacts

Symetra Financial
Diana McSweeney
425-256-6167
diana.mcsweeney@symetra.com

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