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For Immediate Release

Title: Sagicor USA Opens New Office



PRESS RELEASE  
FOR IMMEDIATE RELEASE  
CONTACT INFO:
 
Name:              Anabel Thomas
Company:        Sagicor Life Insurance Company
Phone:             (813) 207-6161 ext. 159          
Fax:                  (813) 287-7434
Email:               anabel_thomas@sagicor.com  
           
Tampa, Florida, November 19th, 2007 – Sagicor Life Insurance Company announced the opening of its 18,000 square-foot Corporate Office located at 4010 Boy Scout Boulevard , One Metro Center , Tampa , Florida . The new office will serve as Sagicor Life’s corporate headquarters for the United States as well as the Eastern Division, a key growth strategy for the company.
Sagicor Life Insurance Company provides a wide range of life insurance products to individuals and groups throughout the United States . The Tampa Office was designed to incorporate elements of Sagicor’s unique brand imagery which highlights a vision and promise to provide wise financial thinking for all stages of life.
Ken Marshall, President and CEO of Sagicor Life Insurance Company, said Tampa Bay has a vibrant business community and is conveniently located to provide access to a broader population of experienced financial services experts in the wider Southeast region.”" This move reinforces the commitment of the Sagicor Financial Group’s investment in the United States life insurance industry, he said.  
Sagicor entered the US market via acquisition in September 2005 and immediately focused on an aggressive product and marketing development program to create a comprehensive suite of guaranteed-benefit and investment-linked insurance products. The company’s Scottsdale office will service mid and western United States
  About Sagicor Life Insurance Company:
  Sagicor Life Insurance Company is licensed in 45 states and the District of Columbia , a licensed reinsurer in 44 states and DC and a third-party administrator in all 50 US states.
Sagicor Life is a full-service life insurance company offering a wide range of competitive products including individual and mortgage term life, annuities and critical illness products. The Company provides third-party administration to unaffiliated companies through a flexible and efficient policy administration system for processing life insurance products.
Sagicor Life products are marketed though independent agents and general agents. Administering more than $2.2 billion of in-force insurance business and managing approximately $475 million in assets, Sagicor Life is committed to offering our customers world-class service with integrity and value.
Sagicor Life is a wholly-owned subsidiary of Sagicor Financial Corporation, one of the oldest insurance groups in the Americas , with operations in 22 countries including the United States , United Kingdom , Latin America and the Caribbean .
Established in 1840, Sagicor Financial Corporation’s (Sagicor) insurance operations are dominant in most of the countries in which it operates. Based on its strong core earnings, profitability and more than adequate levels of risk-based capital, Sagicor’s Caribbean operations have been consistently rated “”A”" Excellent by AM Best.
For more information, visit www.sagicorlifeusa.com .