Transamerica proclaims that Liza Tyler has been appointed Head of Annuity Options and Andrew DeMarco as Head of Life Options for the corporate’s Particular person Options division.

This new management construction is a part of Transamerica’s dedication to a broad and resilient product suite for all times insurance coverage and annuities, driving development in a risk-managed and capital-efficient framework. They’ll lead enhancements to the shopper expertise, together with sturdy digital capabilities each pre- and post-sale, product design, IT integration, and customer-centric operations. These new positions report back to Jamie Ohl, President of Transamerica’s Particular person Options division, which offers particular person insurance coverage and funding options to prospects all through the US

At Transamerica, Ms. Tyler will likely be liable for the end-to-end lifecycle for your entire particular person annuity portfolio—from product design, aggressive evaluation, monetary viability, pricing, and threat—to product improvement, launch, and development administration. She has expertise efficiently main groups specializing in modernizing and distributing annuity merchandise and funding portfolios in addition to responsive and swift product reconfigurations.

“Liza is thought for creating and executing modern methods that may drive development, giving us a aggressive benefit whereas strengthening our monetary and working efficiency,” mentioned Ms. Ohl. “Her strategic imaginative and prescient will present related and significant options that meet our prospects’ wants and generate development for Transamerica.”

Liza Tyler brings greater than 25 years of industry-related expertise main annuities and asset administration groups, working institutional companies, modernizing options, increasing distribution, and creating new merchandise. She most not too long ago served as Head of Variable Annuities and Principal Govt Officer of CREF at TIAA and has held management positions at main {industry} corporations. Ms. Tyler earned a Bachelor of Arts diploma from the College of Minnesota. She holds Sequence 6, 63 and 26 securities registrations and is life and well being licensed.

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Andrew DeMarco will strategically handle the end-to-end lifecycle for your entire life product portfolio at Transamerica, which incorporates crafting a long-term product roadmap and new product improvement. He will likely be targeted on reengineering and constructing out the product portfolio into new market segments and be liable for the transformation and profitable implementation of latest methods to help Transamerica’s life insurance coverage enterprise.

“For our life insurance coverage options, Andrew is outstandingly positioned to drive product innovation,” mentioned Ms. Ohl. “He has in depth expertise successfully launching, administering and managing new merchandise in each conventional insurance coverage service and wholesaler environments. His technical aptitude, coupled with robust enterprise acumen and buyer focus, make him ideally suited to this new function.”

Mr. DeMarco has greater than 18 years of expertise within the life insurance coverage {industry}, most not too long ago main life methods for Equitable. Mr. DeMarco earned a Bachelor of Arts from Bowdoin School and holds Sequence 6, 63 and 26 securities registrations and CLU® and CHFC® designations from the American School.

“Over the past yr, Transamerica has made quite a few investments in our new management construction, proving that we’re a magnet for prime expertise within the monetary companies sector,” added Ms. Ohl.

About Transamerica
With a historical past that dates again greater than 100 years, Transamerica is acknowledged as a number one supplier of life insurance coverage, retirement and funding options, serving tens of millions of shoppers all through america. Recognizing the need of well being and wellness throughout peak working life, Transamerica’s devoted professionals work to assist individuals take the steps essential to stay higher at the moment to allow them to fear much less about tomorrow. Transamerica serves almost each buyer section, offering a broad vary of high quality life insurance coverage and funding merchandise, particular person and group pension plans, in addition to asset administration companies. In 2021, Transamerica fulfilled its guarantees to prospects, paying greater than $52 billion in insurance coverage, retirement, and annuity claims and advantages, together with return of annuity premiums paid by the shopper. Transamerica’s company headquarters is situated in Baltimore, Maryland, with different main operations in Cedar Rapids, Iowa and Denver, Colorado. Transamerica is a part of the Aegon group of firms. Based mostly within the Netherlands, Aegon is a diversified monetary companies group targeted on offering funding, safety, and retirement options. For the total yr of 2021, Aegon managed over $1.1 trillion in income producing investments. For extra data, go to www.transamerica.com.

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