June 24, 2017 9:20 AM ET

Insurance

Company Overview of Transamerica Corporation

Company Overview

Transamerica Corporation, a financial services company, provides insurance and investments for small to large organizations. It offers life, long term care, accidental death, Medicare, final expenses, and dental insurance; mutual funds; annuities products; and retirement solutions. The company was founded in 1928 and is headquartered in Cedar Rapids, Iowa. Transamerica Corporation operates as a subsidiary of The AEGON Trust.

4333 Edgewood Road NE

Cedar Rapids, IA 52499

United States

Founded in 1928

9,200 Employees

Phone:

319-355-3985

Fax:

410-385-6903

Key Executives for Transamerica Corporation

Chief Executive Officer
Age: 53
President of Transamerica Insurance & Investment Group
Executive Vice President
Age: 60
Head of Americas Corporate Communications and Senior Vice President
Chief Investment Officer of Individual Savings & Retirement Division
Compensation as of Fiscal Year 2016.

Transamerica Corporation Key Developments

Transamerica's New 'Provider Select' Supplemental Insurance Policy Offers Twice the Cash Benefits for Hospital Care at Designated Facilities

Transamerica announced the availability of a new, first-of-its-kind, hospital indemnity insurance policy designed specifically for hospital systems and provider-owned health plans. Transamerica Provider SelectSM supplemental insurance policies pay double cash benefits when employees' hospital care is received at a treatment center designated by the employer. Transamerica Provider Select is designed for use by national and regional hospital systems, hospital-owned health plans, or any employer looking to potentially reduce medical plan premiums and help employees better manage their out-of-pocket medical costs by using preferred treatment centers. Transamerica Provider Select insurance policies go beyond typical major medical insurance to help employees and their families in the event of required hospital treatment. This hospital indemnity insurance policy is available as an optional workplace benefit for employees. Transamerica Provider Select provides cash benefits which may be used for any purpose, including to help employees meet their health plan deductibles, co-pays, coinsurance or simply cover personal costs, such as time lost from work. Employees can use any hospital they choose for treatment, but the cash benefit is doubled when they use a hospital on the employer's designated list.

Transamerica Launches Transamerica Voice Pass

Transamerica announced that it is launching Transamerica Voice Pass, a feature developed with Nuance Communications Inc., that increases security and enhances the customer experience by leveraging voice biometrics technology within a natural language understanding system. Customers calling Transamerica's customer care service centers will be able to more easily and securely authenticate and access their accounts while also identifying the reason for their call, simply by speaking. Voice Pass verifies the customer's voice against his or her unique voiceprint on file and, if matched, access is granted. Voice biometrics analyzes more than 100 physical and behavioral voice characteristics to identify and verify an individual by their unique voiceprint. While effective in reducing acts of fraud, voice biometrics is also 80% faster to authenticate compared to PINs, passwords and security questions.

Transamerica Corporation Presents at AIFA 42nd Annual Conference, Mar-07-2017 08:00 AM

Transamerica Corporation Presents at AIFA 42nd Annual Conference, Mar-07-2017 08:00 AM. Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, Florida, United States. Speakers: David Paulson, Chief Distribution Officer.

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