Google AI
The Times Australia
News From Asia

.

Transamerica Life Bermuda Appoints Andy Wong As Chief Operating Officer

Expanding its leadership team with this key senior appointment, the company is solidifying its goal of being a progressive, competitive leader in the High Net Worth market.

HONG KONG SAR - Media OutReach - 26 October 2022 - Transamerica Life (Bermuda) Ltd.

(TLB) announced today that Mr. Andy Wong has joined the firm as its Chief Operating & Transformation Officer (COTO).


In this role, Mr. Wong will be overseeing all of TLB's global operations, covering New Business, Underwriting, Customer Service and Claims. He will also focus on driving TLB's operational and digital transformation, helping to deliver innovation, efficiencies, and customer service excellence across the organisation. He is based in Hong Kong.

Mr. Wong comes to TLB with over 25 years of experience across multiple industries, out of which, 18 of those years were focused on IT and Operations in Financial Services. He comes with a wealth of technological and operational background in the insurance sector having worked in AIA Hong Kong, ING, FT LIFE, and most recently at Tai Kang Life, where he was responsible for setting up IT, New Business, Underwriting, Customer Service and Claims.

"At TLB we are committed to continuous innovation. I'm therefore delighted to have Andy join us at such an important point in our transformation journey," said Chirag Rathod, CEO of TLB. "With his vast experience and strong implementation track record, I'm very confident that Andy will be able to build upon our current digital efforts and further accelerate our digital transformation, most importantly in helping us to deliver more innovative and value-added solutions and services to our partners and High Net Worth (HNW) customers," he added.

TLB is a leading life insurance company dedicated to serving HNW and Ultra High Net Worth (UHNW) individuals. With its singular focus on serving the HNW market, TLB has extensive experience in handling large sums assured and complex cases to support legacy and business planning for its customers.

Hashtag: #TransamericaLifeBermuda

About Transamerica Life Bermuda:

Transamerica Life (Bermuda) Ltd. (TLB) is a recognised leading HNW life insurance provider with extensive expertise in all aspects of HNW wealth protection, including handling large sums assured and complex cases supporting legacy and business planning. Transamerica has been in Asia for over 85 years and has been a pioneer in managing universal life portfolios for over 40 years. TLB was awarded an "Outstanding Responsible Insurer (2021)" award and a "Best-in-Class (2021)" award for its Universal Life Alpha product at the 12th Benchmark Wealth Management Awards in Hong Kong. TLB is part of the Aegon Group, an integrated, diversified, international financial services group that offers investment, protection, and retirement solutions. Further information about TLB is available here:

About Aegon:

Aegon is an integrated, diversified, international financial services group. The company offers investment, protection, and retirement solutions, with a strategic focus on three core markets (the United States, the United Kingdom, and the Netherlands), three growth markets (Spain & Portugal, Brazil, and China), and one global asset manager. Aegon's purpose of Helping people live their best lives runs through all its activities. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion & diversity. Aegon is headquartered in The Hague, the Netherlands, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.

Times Magazine

Why Interactive Panels Are Replacing Traditional Whiteboards in Perth

Whiteboards have been part of classrooms and meeting rooms for decades. They’re familiar, flexible...

The Engineering Innovations Transforming the Australian Heavy Transport Fleet

Australia is a massive continent, and its national supply chain relies almost entirely on the road...

Petrol Prices Soar and Rationing Fears Grow — The 10 Cheapest Cars to Run in Australia

Australians are once again confronting a familiar pressure point: the cost of fuel. With petrol pr...

Why Is Professional Porsche Servicing Important for Performance and Longevity?

Owning a Porsche is a symbol of precision engineering, luxury, and high performance. To maintain t...

6 ways your smartwatch is lying to you, according to science

You check your smartwatch after a run. Your fitness score has dropped. You’ve burnt hardly any...

Has the adoption of electric vehicles led to new forms of electricity theft

Why the concern exists Electric vehicles (EVs) like the Tesla Model 3 or Nissan Leaf shift “fue...

The Times Features

Eumundi Markets: One of the Sunshine Coast’s most power…

As Queensland prepares for Small Business Month in May, Experience Eumundi is highlighting the cri...

Club Med Expands Exclusive Collection Portfolio with a …

Club Med, the global leader in premium all-inclusive holidays for 75 years, and Central Group Capita...

Cost of living increases worry Farrer residents

COST OF LIVING ‘CRUNCH’ HITS FARRER HARD, THE NATIONALS HEAR During a visit to Albury this week...

What's On: Two Psychics and a Medium – Australian …

HIT LIVE SHOW TWO PSYCHICS AND A MEDIUM EMBARK ON  AUSTRALIAN TOUR — AND NO TWO NIGHTS WILL BE T...

Before vaccines, diphtheria used to kill hundreds each …

The Northern Territory[1] and Western Australia[2] are experiencing outbreaks of an almost-era...

realestate.com.au attracts the buyer for 9 in 10 listed…

New PropTrack data reveals the impact realestate.com.au has on property sales, with the  platfor...

The Hidden Threat Inside Data Centers: Why Fuel Degrada…

Data centers are designed with one overriding objective: uninterrupted operation. To achieve this...

Holidays: How to Book a Flight — and Protect Your Money…

For decades, booking an overseas holiday was a straightforward transaction: choose your destinat...

Olivia Colman, Kate Box to join an exclusive Live Q…

Fresh out of cinemas, JIMPA - the new film by acclaimed director Sophie Hyde (Good Luck to you, ...