Business Daily Media

The Times

.

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.

News from Asia

Siam Piwat appoints The Bureau of Wonders as international public relations consultant for Siam Paragon Bangkok Watch Week 2026

BANGKOK, THAILAND - Media OutReach Newswire - 29 June 2026 – Siam Piwat Group, a leading real estate and retail developer, and operator of world-class destinations including Siam Paragon, Siam Ce...

illum.e Opens Sixth Campus in Tampines as MOE Reforms Drive Demand for Thinking-Based Learning

SINGAPORE - Media OutReach Newswire - 29 June 2026 - illum.e, a three-time SME 500 award winner and MOE-registered tuition provider, has announced the launch of its sixth campus at Tampines Point...

De Beers Shares Latest Research On Us Consumer Trends

The Diamond Report includes insights on who is buying diamonds and why, based on a study of 18,500 women across the industry’s largest consumer market LONDON, UK - Media OutReach Newswire - 29 Jun...

SIM Highlights the Importance of University Networks in Higher Education Decisions

SINGAPORE - Media OutReach Newswire - 29 June 2026 - As students and families evaluate higher education options, academic quality and programme offerings remain central considerations. However, ...

The Work Project to Open Third London Location at UK's Largest Net Zero Office Development

LONDON, UNITED KINGDOM - Media OutReach Newswire - 29 June 2026 - The Work Project (TWP) has signed a lease with global real estate investment manager BGO to open its third London location at 105 ...

Construction Management Awards 2026 - Now open for nomination Introduction of the Inaugural "Excellent Construction Safety Culture Award" Guides the Construction Industry Toward a New Milestone in Safety

HONG KONG SAR - Media OutReach Newswire - 29 June 2026 - Organised by the Hong Kong Institute of Construction Managers (HKICM / the Institute), the biennial flagship event of the construction indu...

Where Minds Meet to Launch Space Economy Association Off the Ground

Spacebiz in Hong Kong - a golden opportunity for Professional Services and STEMHONG KONG SAR - Media OutReach Newswire - 29 June 2026 - Space Economy Association (Hong Kong) Ltd, or "SEA", officia...

Media Startup ‘World & New World Journal’ Redefines Global Current Affairs with 7-Language Service

Built a premier knowledge platform for defense, diplomacy, and economics powered by 570+ global scholars and experts. Secured high-quality multilingual content through rigorous lo...

Taiwan entrepreneur Time Light Care brings smart elderly care to mainland as silver economy gains ground

TIANJIN, CHINA - Media OutReach Newswire - 29 June 2026 - A smart elderly care enterprise branded Time Light Care, based in north China's Tianjin, has developed a proprietary smart elderly care ma...

Bracell Welcomes Fernando Branco’s Appointment to Lead ABAF and Reinforces Commitment to Sustainable Forestry Development in Bahia

SINGAPORE - Media OutReach Newswire - 29 June 2026 - Bracell congratulates Fernando Branco, the company's Treasury Manager, on his appointment as President of the Board of Directors of the Bahia A...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...

For Midsize Companies, Global Payroll Systems Matter More to Business-Security Than You Think

When a midsize company expands across borders, its payroll operation becomes exponentially more complex. These organisations typically face a new ...