Legal & General America has brought on Jennifer Torneden as vice president of sales & strategic growth starting Monday, June 1, 2020. Torneden will be leading strategic growth initiatives across the entire organization in support of its customers and partners.
26 May 2020
Torneden is a seasoned insurance executive with expertise in growth strategies, collaboration and creating new capabilities in broker distribution, sales, partnerships and finance. She has a solid track record of building high performance teams and collaborating with board of directors, senior management, customers, peer executives and team stakeholders to drive alignment and execution on key business initiatives. She is driven to deliver efficiencies and results throughout the organization.
In her most recent role at Aon Affinity as SVP, Head of Distribution and Sales, Torneden developed and launched an innovative growth strategy around agents and brokers to become one of Aon's fastest growing distribution channels. She also worked with insurtech partnerships to identify new capabilities, products and ways of working to disrupt how they operate today.
Prior to joining Aon, Torneden spent 16 years at Zurich Insurance in significant roles in finance, strategy, administration, product marketing and most recently as SVP, Regional Sales Director. She also worked for Arthur Andersen Consulting in Advanced Technology where she implemented a customer satisfaction process under the direction of the Executive Branch. She completed her MBA at Columbia University and her BS in finance at George Mason University.
Torneden was the winner of the 2019 Women to Watch award from Business Insurance, recipient of the 2018 Woman of the Year award from Rough Notes for promoting diversity and inclusion within the insurance industry, is a Board member for GrowthSource Academy, and involved in multiple charitable organizations. She is a speaker on industry panels at Columbia University and is a regular speaker of the Kearns Global Lecture Series.
Jennifer Torneden, Senior Vice President of Sales & Strategic Growth: "I am very excited to join LGA and build upon the strong foundation that's already been established. I have long admired General Colin Powell, most specifically his vision on the role of leadership and importance of supporting one's team. Throughout my career, I have strived to apply this vision and look forward to bringing it with me to LGA."
Mark Holweger, President and CEO of LGA: "We are thrilled to be welcoming Ms. Torneden to our team. Digitization, partnerships and innovation have been key tenants of our growth strategy at LGA, and Ms. Torneden is well-positioned to drive that vision forward."
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with over £1.2 trillion in total assets under management* of which 39% is international. We have a unique and highly synergistic business model, which continues to drive strong returns. Legal & General provides powerful asset origination and management capabilities directly to clients, which also underpin our leading retirement and protection solutions. We are a leading international player in Pension Risk Transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our purpose is to improve the lives of our customers and create value for our shareholders. Through inclusive capitalism, we are investing in long-term assets, such as real estate and infrastructure, that can help build a better society for the future.
*as at HY 2023
LGIA is one of the nation’s strongest life insurers, and number three in term life insurance sales in the United States (LIMRA Q2 2023 report). LGA’s insurance products are sold nationwide through its companies Banner Life Insurance Company in 49 states and D.C. and William Penn Life Insurance Company of New York in New York. LGA has an A.M. Best rating of A+ (Superior) – 2nd highest out of 15 categories and AA- from Standard & Poor’s (Very Strong capacity to meet financial commitments). Ratings are as of November 3, 2022, and apply to Legal & General America Group and its subsidiaries Banner Life Insurance Company and William Penn Life Insurance Company of New York. All ratings are subject to change.
*as at December 2023