Transamerica Adds Execs To Annuity And Life Insurance Team – InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.ā„¢

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Life Insurance News
Topics
    • Life Insurance News
    • Annuity News
    • Health/Employee Benefits
    • Property and Casualty
    • Advisor News
    • Washington Wire
    • Regulation News
    • Sponsored Articles
    • Monthly Focus
  • INN Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
Sign in or register to be anĀ INNsider.
  • Exclusives
  • NewsWires
  • Magazine
  • Webinars
  • Free Newsletters
  • Insider Pro
  • About
  • Advertise
  • Editorial Staff
  • Contact
  • Newsletters

Get Social

  • Facebook
  • Twitter
  • LinkedIn
Life Insurance News
Life Insurance News RSS Get our newsletter
Order Prints
May 6, 2022 Life Insurance News No comments
Share
Share
Tweet
Email

Transamerica Adds Execs To Annuity And Life Insurance Team

PR Newswire

Transamerica announces that Liza Tyler has been appointed Head of Annuity Solutions and Andrew DeMarco as Head of Life Solutions for the company's Individual Solutions division.

This new leadership structure is part of Transamerica's commitment to a broad and resilient product suite for life insurance and annuities, driving growth in a risk-managed and capital efficient framework. They will lead enhancements to the customer experience, including robust digital capabilities both pre- and post-sale, product design, IT integration, and customer-centric operations. These new positions report to Jamie Ohl, President of Transamerica's Individual Solutions division, which provides individual insurance and investment solutions to customers throughout the U.S.

At Transamerica, Ms. Tyler will be responsible for the end-to-end lifecycle for the entire individual annuity portfolio—from product design, competitive analysis, financial viability, pricing, and risk—to product development, launch, and growth management. She has experience successfully leading teams that specialize in modernizing and distributing annuity products and investment portfolios as well as responsive and swift product reconfigurations.

Related stories

  • Cetera to acquire Securian’s retail wealth business
  • What does Curtis 'Cousin Eddie' Smith know in Murdaugh case?

"Liza is known for creating and executing innovative strategies that will drive growth, giving us a competitive advantage while strengthening our financial and operating performance," said Ms. Ohl. "Her strategic vision will provide relevant and meaningful solutions that meet our customers' needs and generate growth for Transamerica."

Liza Tyler brings more than 25 years of industry-related experience leading annuities and asset management teams, running institutional businesses, modernizing solutions, expanding distribution, and creating new products. She most recently served as Head of Variable Annuities and Principal Executive Officer of CREF at TIAA and has held leadership positions at major industry firms. Ms. Tyler earned a Bachelor of Arts degree from the University of Minnesota. She holds Series 6, 63 and 26 securities registrations and is life and health licensed.

Andrew DeMarco will strategically manage the end-to-end lifecycle for the entire life product portfolio at Transamerica, which includes crafting a long-term product roadmap and new product development. He will be focused on reengineering and building out the product portfolio into new market segments and be responsible for the transformation and successful implementation of new strategies to support Transamerica's life insurance business.

"For our life insurance solutions, Andrew is outstandingly positioned to drive product innovation," said Ms. Ohl. "He has extensive experience effectively launching, administering and managing new products in both traditional insurance carrier and wholesaler environments. His technical aptitude, coupled with strong business acumen and customer focus, make him ideally suited for this new role."

Mr. DeMarco has more than 18 years of experience in the life insurance industry, most recently leading life strategies for Equitable. Mr. DeMarco earned a Bachelor of Arts from Bowdoin College and holds Series 6, 63 and 26 securities registrations and CLUĀ® and CHFCĀ® designations from the American College.

"Over the last year, Transamerica has made a number of investments in our new leadership structure, proving that we are a magnet for top talent in the financial services sector," added Ms. Ohl.

About Transamerica
With a history that dates back more than 100 years, Transamerica is recognized as a leading provider of life insurance, retirement and investment solutions, serving millions of customers throughout the United States. Recognizing the necessity of health and wellness during peak working life, Transamerica's dedicated professionals work to help people take the steps necessary to live better today so they can worry less about tomorrow. Transamerica serves nearly every customer segment, providing a broad range of quality life insurance and investment products, individual and group pension plans, as well as asset management services. In 2021, Transamerica fulfilled its promises to customers, paying more than $52 billion in insurance, retirement, and annuity claims and benefits, including return of annuity premiums paid by the customer. Transamerica's corporate headquarters is located in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa and Denver, Colorado. Transamerica is part of the Aegon group of companies. Based in the Netherlands, Aegon is a diversified financial services group focused on providing investment, protection, and retirement solutions. For the full year of 2021, Aegon managed over $1.1 trillion in revenue generating investments. For more information, visit www.transamerica.com.

Older

MANAGEMENT'S DISCUSSION AND ANALYSIS

Newer

AM Best Removes from Under Review with Negative Implications and Downgrades Credit Ratings of Arizona Automobile Insurance Company; Affirms Credit Ratings of Alfa Mutual Insurance Company

Advisor News

  • For some, nothing to fear from taking RMDs, professor says
  • Half of investors plan to work after retirement
  • Cetera to acquire Securian’s retail wealth business
  • Study: Education level should drive decisions on Social Security, annuities
  • Former California energy company exec given 5 years in prison for $15M investment fraud
More Advisor News

Annuity News

  • Investors scrambling to lock in rates propel annuity sales to record highs
  • North American and Annexus launch new fixed index annuity
  • Producers stew as insurers slow to process life and annuity applications
  • Substitute teacher wins massive lottery drawing in North Carolina. ā€˜Too good to be true’
  • Brad Rhodes: An annuity product many have never heard of
More Annuity News

Health/Employee Benefits News

  • Nearly half of all gig workers have no access to health insurance
  • California offers health insurance for $10 a month. The deadline is days away
  • Amazon announces service to deliver medications to your door. Here’s how it works
  • COVID-19Another COVID ā€˜new normal’: more Californians dying at home
  • Seven sentenced in conspiracy to defraud federal health insurance programs
More Health/Employee Benefits News

Property and Casualty News

  • Jim Donelon: Affordable, accessible insurance is mission critical
  • Moody’s estimates $5B-$7B in losses from California flooding
  • Entergy customers get $1.4 billion bill for Hurricane Ida grid damage
  • Economic conditions blamed as insurance agency M&A dips in 2021
  • Santa Barbara County estimates $150M in storm damages to public infrastructure
Sponsor
More Property and Casualty News
The time is 09:36:00pm test

- Presented By -

Top Read Stories

  • A Louisiana employer's health perks helped their workers lose weight. Here’s how.
  • US debt ceiling limit reached; Social Security, Medicare targeted
  • Former CEO of Texas beverage company sentenced to 10 years in prison for fraud
  • LETTER: FEMA flood insurance is all but worthless
  • Progressive online practices set example for agents, other carriers
More Top Read Stories >

FEATURED OFFERS

Grow life insurance sales in 2023 with middle-market clients

Tap a new source for sales and referrals with Allianz Life Insurance Company of North America.

Don't Miss ICMG 2023

When the success of your business depends on making the right connections, ICMG is the place to be.

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty
  • Advisor News
  • Washington Wire
  • Regulation News
  • Sponsored Articles
  • Monthly Focus

Top Sections

  • Life Insurance News
  • Annuity News
  • Health/Employee Benefits News
  • Property and Casualty News
  • AdvisorNews
  • Washington Wire
  • Insurance Webinars

Our Company

  • About
  • Editorial Staff
  • Magazine
  • Write for INN
  • Advertise
  • Contact

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
Ā© 2023 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • AdvisorNews

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.