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 30 years and have written over 3,500 transactions globally, amassing a global annuity portfolio of $101 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

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.

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Read about our recent virtual charitable giving campaign in support of the Boys & Girls Club of Stamford.

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Our mission is to use our global strength and flexibility to ensure a financially secure retirement for our participants, a better future for our communities and a positive culture for our people. 

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

Joe Oberheuser

VP, Head of Operations

Justin Kitchens

VP, Head of Legal

Krithi Govin

Chief Technology Officer

Rob Wilcox

VP, Strategic Initiatives

Sandra Simpson

VP, Head of HR

Sheena McEwen

VP, Head of Distribution