About Us

Globally, Legal & General has been in the Pension Risk Transfer business for over 30 years.

Our story

Our parent company, Legal & General Group Plc, was established in 1836 and is one of the world’s leading financial services companies. They've been in the PRT market for over 35 years and have written over 3,500 transactions globally, amassing a global annuity portfolio of $117 billion and servicing over one million annuitants annually.

Legal & General Group leveraged its expertise and long history to expand its reach globally. The US operations now include pensions risk management, investment management and life insurance.

Legal & General America is the unified US brand that includes the PRT and insurance divisions, both of which write business through Banner Life Insurance Company and William Penn Life Insurance Company of New York. Banner Life and William Penn operate as the twin engines of the Legal & General America machine, administering and delivering the highest level of products and customer service. Banner Life operates in 49 states, D.C., and Puerto Rico, while William Penn operates in New York. 

Who is LGRA?

Legal & General Retirement America, or LGRA, is the Pension Risk Transfer (PRT) division of Legal & General America. Founded in 2015 and headquartered in Stamford, Connecticut, we have successfully brought Legal & General's global asset management strength, longevity expertise and track record of effective execution to the US. 

Want to know more about the types of products we offer? Read more here

To learn more about our pension de-risking business in the UK

Click here

What sets LGRA apart

  •  Global presence

Our parent company, Legal & General Group ("Group"), is a financially strong UK-listed FTSE 100 group, established in 1836. The Group is one of the world’s largest insurance and investment management groups and looks after the financial security of millions of customers worldwide.

Legal & General is a specialist in the PRT market with a global PRT portfolio of $101 billion and over 35 years of experience. We are uniquely positioned to write global PRT business and completed our first global transaction across the US and UK in 2020. 

  •  Service excellence

Customer service is core to us. Our approach to client service and administration has been continuously refined for nearly four decades spanning over one million retirement customers.

All administrative functions are performed in-house within the US, which allows us to be nimble and highly responsive to the unique needs of our clients. As of 3/31/23, we had an average call center rating of 4.96 out of 5 stars and an NPS score of 80.

  •  Partnership oriented

We pride ourselves on our willingness and ability to offer solutions that best meet the unique needs of our clients and are happy to consider any requests or suggestions.

We partner with the sponsor and intermediary each step of the way; from the RFP process through implementation and into annuitant servicing.

  •  US experience

We have successfully brought our integrated asset management strength, longevity expertise and a track record of effective execution to the US. 


entered the US PRT market


deals written as of 12/31/22

$8.5 billion

total premium written as of 12/31/22

Our purpose is to secure the retirement of the people we serve and positively impact our communities. 

Financial strength ratings


S&P Global
S&P's has been rating the financial strength of insurance companies for over 40 years. They reaffirmed the AA- (Very Strong) rating we share with our parent company.


Fitch Ratings
Fitch Ratings reaffirmed the Insurer Financial Strength (IFS) ratings at AA- (Very Strong).


A.M. Best
A.M. Best financial strength rating is an independent opinion of an insurer's overall financial strength and ability to meet its ongoing obligations.

Our Leadership Team

George L. Palms, Jr.


Alla Kleyner

Chief Investment Officer

Carl Groth

Chief Risk Officer

Elizabeth Rogalin

VP, Head of Finance

Joe Cella

VP, Head of Pricing

Justin Kitchens

VP, Head of Legal

Londone Moulds

VP, Head of Client Service & Operations

Rob Wilcox

VP, Strategic Initiatives

Sandra Simpson

VP, Head of HR

Sheena McEwen

VP, Head of Distribution