Transamerica Names Ryan Parker as New Head of Life Distribution, Focusing on Middle-Income Families

Transamerica Names Ryan Parker as Head of Life Distribution

Transamerica has officially announced the appointment of Ryan Parker as the new head of Life Distribution, a pivotal position that Parker will assume starting June 9, 2025. His mission involves leading the distribution strategy for Transamerica's life insurance sector, which serves a vast network of agents across the United States and plays a crucial role in offering protection and stability to middle-income families.

In his new capacity, Parker will report to Rob Carney, Chief Distribution Officer for Life, Annuities, and Mutual Funds. Carney expressed confidence in Parker's leadership abilities, stating, "Ryan is the right leader at the right time. He has a proven record of energizing distribution teams and delivering results while always prioritizing the needs of customers. His blend of hands-on experience and strategic vision is exactly what we need to elevate our life insurance distribution strategy. I eagerly await the momentum he’ll generate within our relationships with customers, agents, and our field force."

Boasting over two decades of experience in the life insurance industry, Ryan Parker brings a wealth of expertise to his new role. His track record includes building high-performing sales organizations, developing strong agent relationships, and ensuring sustained growth. As the leader of the life insurance sales strategy at Transamerica, Parker will oversee a diverse portfolio of insurance solutions tailored specifically to meet the needs of middle-income Americans.

Parker's previous role was with FG, where he served as the Senior Vice President of Life Distribution. He succeeds Wendy Boyd, who has transitioned to her new position as Chief Distribution Officer at World Financial Group, a division of Transamerica.

"I am honored to join Transamerica and lead the life distribution team at such an exciting time as the company builds the leading middle-market life insurance and retirement service provider," Parker stated. He continued, “There is significant momentum at present, and together, we will strive to exceed customer expectations, enhance agent relationships, and equip them with modern tools and experiences. Our goal is to assist more families across America in achieving financial security and enabling them to live their best lives."

Transamerica's longstanding commitment to supporting middle-income families remains central to its mission. The organization is dedicated to helping individuals live fulfilled lives by providing accessible, top-quality life insurance products designed for their specific needs. The company aims to ensure that everyone has the opportunity to protect themselves and their loved ones, further cementing its status as a leading provider of life insurance, retirement, and investment solutions.

For over 120 years, Transamerica has been unwavering in its mission to support customers' financial futures through innovative products and services. In 2024 alone, the company made good on its promises, disbursing over $62 billion in insurance, retirement, and annuity claims and benefits.

Transamerica is part of the Aegon group, a global financial services holding company. This partnership has enabled Transamerica to extend its range of financial products, helping over 10 million Americans navigate their financial journeys. For more information about Transamerica and its offerings, visit their website at www.transamerica.com.