Michael Babikian Promoted to Executive Vice President of Transamerica Brokerage

LOS ANGELES--(BUSINESS WIRE)-- Transamerica Brokerage has promoted Michael Babikian to executive vice president. Reporting to President Marty Flewellen, Babikian will maintain his role as chief marketing officer.

Michael Babikian, Executive Vice President at Transamerica Brokerage (Photo: Business Wire)

Babikian was also named chief product officer of Transamerica’s Life & Protection division and continues his overall responsibility for the division’s product research, development, management and administration.

“Since joining our company nine years ago, Michael Babikian has repeatedly proven to be an incredible asset to our company, general agencies, life insurance producers and, most importantly, our customers,” said Marty Flewellen. “Michael’s deep industry knowledge, experience as an attorney and consultant and passionate commitment to innovation ensure that our products and people provide consumers with the certainty they need in an increasingly uncertain world.”

Babikian was named chief marketing officer in January 2010 and senior vice president in 2009. Prior to joining Transamerica, Babikian served as general counsel to Infinite Source Technologies, Inc. and worked as an attorney for the tax law firm of Baker, Olson, LeCroy and Danielian. Babikian is a board member of the Chief Marketing Officer Council and serves as chairman of the board of directors and as professor at Glendale University.

“Since I began my career, my goal has always been to protect families and their dreams,” said Babikian. “With the incredible turbulence and chaos in the marketplace, I will continue to oversee the creation and marketing of life insurance products and solutions with the guarantees, flexibility and control that consumers want to successfully manage their financial futures.”

About Transamerica

Transamerica Brokerage, a marketing unit of Transamerica Life Insurance Company (TLIC), offers an array of innovative financial services and products designed to help individuals, families, and businesses build, protect, and preserve their assets. Products and services offered through Transamerica Brokerage are underwritten by TLIC or its affiliated statutory insurance companies, and include term life insurance, universal life insurance, variable universal life insurance, and fixed annuities. TLIC is an AEGON company. AEGON is an international life insurance, pension and asset management company based in The Hague, the Netherlands, with businesses in more than 20 markets in the Americas, Europe and Asia.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50210565&lang=en

EdelmanDanny Cowan, 415-486-3269
[email protected]
or
Transamerica BrokerageDebra Newton, 213-742-4790
[email protected]

Source: Transamerica Brokerage