Transamerica Appoints Scott Ramey as Senior Vice President and Head of Workplace Solutions

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Jul 20, 2017, 09:00 ET

BALTIMORE, July 20, 2017 /PRNewswire/ -- Transamerica today announces the promotion of Scott Ramey to senior vice president, head of Workplace Solutions. In this role, Mr. Ramey oversees Transamerica's comprehensive workplace service model that integrates worksite, voluntary benefits and retirement plans in an effort to exceed its customers' expectations.

Mr. Ramey directs the consistency and ease of business solutions across multiple services and products offered to employers on behalf of their employees. Through Workplace Solutions, employers can offer their employees voluntary opt-in benefits, such as supplemental health policies, hospital indemnity insurance, long-term care insurance, and retirement plans.

"The employer-based market, also known as the Workplace, has been and will continue to be a crucial component of Transamerica's mission to help people achieve financial security," said Mr. Ramey. "I'm honored to work with financial professionals and agents to create more opportunities for individuals to grow and protect their wealth and health."

Prior to these new responsibilities, Mr. Ramey served as head of Transamerica's institutional distribution channel.

"Scott brings a wealth of knowledge to this new opportunity, having served in several leadership roles since he joined Transamerica eight years ago," said Blake Bostwick, executive vice president and chief operations officer for Transamerica. "Scott's ability to think strategically, understand customer needs, and coordinate between teams will enable us to accelerate our progress in helping more employees gain more control over their financial future."

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 in order to enhance the prospects for a lifetime of financial security, 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 2016, Transamerica fulfilled its promises to customers, paying more than $7.2 billion in insurance and annuity 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. Transamerica is part of the Aegon group of companies. Based in the Netherlands, Aegon is one of the world's largest providers of life insurance, pension solutions and asset management products, operating in more than 20 markets worldwide. For the full year of 2016, Aegon managed $784 billion in revenue generating investments. For more information, please visit www.transamerica.com.

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SOURCE Transamerica