Transamerica Life Insurance Company · Cedar Rapids, IA United States
Company Description
View Transamerica Life Insurance Company Locations On A US Map
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This link will open in a new window Transamerica Life Insurance Company (TALIC) gives its American touch to Dutch insurance giant AEGON 's life insurance operations. TALIC, which began operations in 1961, is part of the AEGON USA group of companies. The company provides individual and group life insurance and annuities, as well as accident and health insurance (including supplemental Medicare, long-term care, and illness coverage). The company is licensed to provide insurance in all US states except New York, and in Washington DC. Its products are distributed through agents and brokers, as well as via direct marketing efforts. To read the full description, subscribe now.
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Key Transamerica Life Insurance Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 386 |
Transamerica Life Insurance Company Executives
7 executives listed for Transamerica Life Insurance Company's Cedar Rapids, IA location.
| Title | Name & Bio | Contact |
| Chairman and President | Larry Norman | Network |
| EVP, COO, and Director | Brenda Clancey | Network |
| SVP and CFO | Darryl Button | Network |
Competition
Competitive Landscape for Transamerica Life Insurance Company
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Transamerica Life Insurance Company Competitors
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