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Transamerica has entered into agreements to transfer the service and administration of its insurance and annuity products to an independent third party administrator in the U.S., Tata Consultancy Services (TCS). The transaction is expected to be completed in second quarter 2018. TCS will provide administration for Transamerica's life insurance, annuity, supplemental health insurance and workplace voluntary benefits customers. All of the Transamerica employees who support these business lines will receive employment offers from TCS and may remain in the U.S. cities where they are currently based. Customers can expect dedicated service and do not need to take any action regarding these changes.
WAYS TO SECURE YOUR ONLINE FINANCIAL INFORMATION
Cybersecurity incidents in the U.S. are at all-time high. Transamerica is committed to safeguarding the privacy and personal information of all our customers. We take numerous precautionary steps to protect personal data, including routine security evaluations and enhanced security for certain systems. You can play an important role in helping reduce the risk of a cyber-attack by remaining vigilant.
Check out these cybersecurity best practices to help protect your online accounts.