Banner Life family of companies | retirement is the US retirement division of the Banner Life family of companies, founded in 2015 and headquartered in Stamford, Connecticut. Banner Life Insurance Company and William Penn Life Insurance Company of New York offer life insurance and Pension Risk Transfer products. The Banner Life family of companies was established through its predecessor companies in 1949. It provides pension benefits and life insurance to annuitants and policyholders across the United States. For over a decade, the Banner Life family of companies has partnered with pension plan sponsors to secure the financial futures of their members. The organization now administers retirement benefits for over 200, 000 annuitants. The Banner Life family of companies is part of the Meiji Yasuda Group, the oldest and third-largest life insurer in Japan. Since 2015, the retirement division has built over a decade of experience in PRT with $14.3 billion in premiums written across 134 transactions as of 12/31/2025. All client service functions are performed in-house within the US, with an average call center rating of 4.90 out of 5 and an NPS score of 84 as of 12/31/25.
Keywords retirement planning, Pension Risk Transfer, prt insurance, pension risk transfer, insurance and pension solutions, american retirement life insurance company, pension life insurance company of america.
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