David Manning Named Symetra's Vice President of Underwriting For Group Life and Health Benefits.BELLEVUE, Wash. -- Symetra Financial announced today that David Manning For other persons named David Manning, see David Manning (disambiguation). Sir David Geoffrey Manning, KCMG CVO (born 5 December 1949) is the British Ambassador to the United States. Biography Educated at Oriel College, Oxford and the Paul H. has been named vice president of underwriting for the company's Group division. With 23 years experience in the industry, Manning will be the senior manager responsible for all group underwriting practices at Symetra's life insurance subsidiaries. Symetra's Group division offers medical stop-loss insurance, limited medical benefit plans, group life insurance, accidental death and dismemberment insurance Accidental death and dismemberment insurance (also known as AD&D) covers death or dismemberment as a result of an accident. In contrast to life insurance, AD&D generally would not pay survivor benefits in the case of death by illness. , and disability income insurance to employers. The company is a market leader in medical stop-loss insurance, which protects employers' self-funded health care Self-funded health care describes an arrangement whereby an employer provides health or disability benefits to employees by assuming the direct risk for payment of their claims for benefits. plans against large potentially catastrophic claims. Prior to joining Symetra in 2004, Manning served as director of underwriting for Hartford Life overseeing stop loss underwriting operations including risk selection, pricing criteria, and direct underwriter third-party administrator and broker relationships. His background also includes extensive underwriting and business development experience with ING Group ING Groep N.V. (NYSE: ING, Euronext: INGA) (known as ING Group) is a financial institution of Dutch origin offering banking, insurance and asset management services. ING once stood for Internationale Nederlanden Groep. , LDG LDG Landing (aviation) LDG Landing LDG Lodge LDG Landing Gear LDG Lancha de Desembarque Grande (Portuguese Navy) LDG Linz Donawitz Gas LDG Los Alamos Debugger LDG Limb-Girdle Dystrophy , Manulife Financial Manulife Financial (NYSE: MFC, TSX: MFC, SEHK: 945, PSE: MFC), also known as The Manufacturers Life Insurance Company, is a major Canadian insurance company and financial services provider. and Medical Risk Managers. Manning is a graduate of Boston University. "Dave's expertise is a major reason why Symetra's stop loss business has continued to show remarkable pricing discipline and consistent profitability," said Scott Taylor, senior vice president of the Group division at Symetra. "He is an integral member of our team who has developed and implemented numerous enhancements to our underwriting strategies and procedures. I look forward to his ongoing contribution to the Group division." About Symetra Financial Symetra Financial Corporation provides retirement plans, employee benefits, life insurance and annuities through a national network of independent advisors and agents. Headquartered in Bellevue, Wash., Symetra has nearly $20 billion in assets.1 For more information, visit www.symetra.com. 1 Source: Total GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). assets per financial statements as of September 30, 2007. AOXP219-1207 |
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