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.
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