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May 04, 2015 11:15 AM ET

Insurance

Company Overview of Transamerica Corporation

Company Overview

Transamerica Corporation, through its subsidiaries, offers insurance, retirement, and investment products. It offers term life, whole life, universal life, variable universal life, long term care, accidental death, Medicare solutions, and final expenses insurance solutions; retirement solutions, including 401(k) and 403(b) Pensions, sponsor services, individual retirement accounts, and rollover individual retirement accounts; mutual funds; and variable annuities. The company was founded in 1928 and is headquartered in Cedar Rapids, Iowa. Transamerica Corporation operates as a subsidiary of AEGON International B.V.

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: 51
Chief Executive Officer of Individual Savings & Retirement Division
Age: 54
President of Transamerica Insurance & Investment Group
Executive Vice President
Age: 58
Executive Vice President
Age: 68
Compensation as of Fiscal Year 2014.

Transamerica Corporation Key Developments

David Macmillan to Join Transamerica as Chief Customer Experience Officer

Aegon UK managing director David Macmillan is set to leave the business in the summer to join Aegon's American arm. Macmillan will join American insurance firm Transamerica, which Aegon owns, as chief customer experience officer. He joined Aegon in November 2011 from the Invocas Group. He was previously UK retail director at Standard Life.

Transamerica's Investments, Retirement Announces Executive Changes

Transamerica's Investments and Retirement announced new appointments to further strengthen the company's leadership position in the U.S. investment and retirement market. Blake Bostwick, chief marketing officer, has been appointed as the division's chief operating officer, following the departure of Alice Hocking. In addition, Bill Noyes, senior vice president of client relationship development has been appointed to the newly created position of senior vice president of retirement plan operations as they relate to Transamerica's U.S. retirement business, and Kevin Edwards, currently vice president of client compliance and consulting services, will move into the role of national director of institutional markets client management. Bostwick has held senior level positions across the organization including positions in sales, marketing, technology, analytics, and operations. He has been a key driver in Transamerica's continued growth and drive to provide the best customer experience. Blake brings to his new role 13 years of experience with Transamerica in operations, technology and marketing. He has served as chief operations officer for annuity and mutual funds business, and has demonstrated a deep understanding of all aspects of business.

Transamerica Appoints Michael F. Consedine as Senior Vice President, Deputy General Counsel & Executive Director of Government Affairs

Transamerica announces the appointment of Michael F. Consedine as Senior Vice President, Deputy General Counsel & Executive Director of Government Affairs, overseeing all aspects of the company's state and Federal government relations. Mr. Consedine has spent his entire 20-year career in the insurance industry, as a regulator, policy advisor and counsel. Most notably, he served as the Insurance Commissioner for the Commonwealth of Pennsylvania from 2011 to 2015. In addition, Mr. Consedine served as President-Elect and in other officer positions within the National Association of Insurance Commissioners (NAIC), during which time he chaired a number of NAIC committees focused on matters of international and domestic relevance for the U.S. insurance sector. In 2011, he was named by the U.S. Treasury Department as a member of the Federal Advisory Committee on Insurance, charged with advising the Federal Insurance Office on domestic and international policy. Mr. Consedine also served as a U.S. representative on bi-lateral discussions with the European Union on mutual recognition of each jurisdiction's insurance systems and was an Executive Committee member of the International Association of Insurance Supervisors. Prior to his time as Commissioner, Mr. Consedine was a Partner and Vice-Chair of Saul Ewing LLP'sInsurance Practice Group.

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