The Employee Benefits' marketing unit of Transamerica Life Insurance Company said that it recently recorded the fastest rate of growth for any Top 10 voluntary benefits carrier.
In a release, the Company said that in response to the increased demand for its supplemental health benefits and voluntary life insurance products, it 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."
Transamerica Employee Benefits is a marketing unit of Transamerica Life Insurance Company that designs and markets voluntary group life and supplemental health insurance products.
((Comments on this story may be sent to firstname.lastname@example.org))