San Francisco Bay Area Insurance Agency of MassMutual Financial Group Expands to 100 Financial Services Agents to Meet Increased Customer Needs

WALNUT CREEK, Calif.--(BUSINESS WIRE)--The San Francisco Bay Area Insurance Agency LLC, a Massachusetts Mutual Life Insurance Company (MassMutual) General Agency, announced today that it has grown its roster of financial services agents to 100, spread between its Walnut Creek, San Francisco, Roseville and Fremont offices. Reaching the milestone of 100 agents by 2008 had been a goal set by General Agent Robert Fakhimi three years ago.

“I set a goal of reaching the 100-agent mark three years ago when we had only about 70 agents,” stated Fakhimi. “When I joined the Agency in 2001, we only had 30 agents, so clearly over the last few years we have made tremendous progress.”

The growth in the number of agents is just one of a number of accomplishments the Agency has experienced this year. This spring the San Francisco Bay Area Agency was awarded the MassMutual National Chairman’s Trophy for performance in 2007, a reflection of the agency’s accomplishments in revenue growth, recruitment and productivity. In addition, two of Fakhimi’s agents were honored for outstanding achievement among the over 4400 MassMutual agents nationally.

Plus, the Agency has expanded its presence in Fremont by leasing a larger office and adding 10 agents to the six who already worked from that site.

“I believe we were able to achieve these many goals because we foster a highly motivated and professional environment where clients come first,” Fakhimi said. “Because we are dedicated to supporting our professionals we are able to help our clients meet their financial goals.”

About the San Francisco Bay Area Agency

Founded in 1891, San Francisco Bay Area Insurance Agency is a significant contributor to the local economy, as shown by the following figures about the San Francisco Bay Area Insurance Agency (as of March 31, 2007):

• More than 36,000 policyholders and clients;
• Servicing more than $101 million in MassMutual Retirement Services assets;
• More than $3.4 billion in life insurance face amount in force
• Servicing more than $465 million in broker dealer and annuity assets

Mr. Fakhimi can be reached at 888-803-3631, ext. 320 or by e-mailing him at rfakhimi@finsvcs.com. Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, Inc. 2121 N. California Boulevard, Suite 395. Walnut Creek, CA 94596, (925) 979-2300.

About MassMutual Financial Group

MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual and its subsidiaries had more than $500 billion in assets under management at year-end 2007. Assets under management include assets and certain external investment funds managed by MassMutual's subsidiaries.

Founded in 1851, MassMutual is a mutually owned financial protection, accumulation and income management company headquartered in Springfield, Mass. MassMutual's major affiliates include: OppenheimerFunds, Inc.; Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; MML Investors Services, Inc., member FINRA and SIPC (www.finra.org and www.sipc.org); MassMutual International LLC and The MassMutual Trust Company, FSB. MassMutual is on the Internet at www.massmutual.com.