TEB expands sales team to support rapid growth
LITTLE ROCK, Ark.--(BUSINESS WIRE)-- The Employee Benefits’ marketing unit of Transamerica Life Insurance Company announced today that it recently recorded the fastest rate of growth for any Top 10 voluntary benefits carrier.1 In response to the increased demand for its supplemental health benefits and voluntary life insurance products, Transamerica is substantially expanding its sales team. TEB has five new regional vice presidents and area sales managers and expects to announce up to seven more new employees by the end of 2012.
“Industry trends coupled with the talent we’ve recruited and our investment in technology are a direct reflection of our success,” said Randy Clarkson, president of the Transamerica Employee Benefits’ marketing unit. “The appeal of voluntary benefits is significantly rising, particularly supplemental health, life and accident insurance products, as individuals look for ways to fill the gap when employer-sponsored benefits fall short.”
To help maintain the momentum, TEB has added a regional vice president and four area sales managers who will be responsible for the distribution of TEB products in their respective areas. They are:
Mitchell, Neely, Neubert and Spedale will report to TEB’s Territory Vice President Barry Bell, while Klonne will report to Territory Vice President Jody Sevy.
“It’s an exciting time at TEB with the heightened industry focus on voluntary benefits,” said Brad Ridnour, senior vice president and national sales director for Transamerica Employee Benefits. “The collective knowledge and rich experience of our new hires will certainly broaden TEB’s reach in providing comprehensive benefits packages and ultimately greater assurance to a wider audience.”
About Transamerica Employee Benefits
Transamerica companies have been helping people create better futures for over a century. Transamerica Employee Benefits is a marketing unit of Transamerica Life Insurance Company (CedarRapids, IA) thatdesigns and markets voluntary group life and supplemental health insurance products. For more information, please visit www.transamericanemployeebenefits.com.
1LIMRA. “Fourth Quarter Voluntary Product Sales Survey,” 2011.
Jaren Anderson, 415-486-3217
Source: Transamerica Employee Benefits