TD Insurance Names David Lofstrom Vice President, U.S. Commercial Sales and Product Development, Based in Boston

TD Insurance one of the 10 largest bank-owned insurance agency and brokerage firms in the U.S.

BOSTON (February 7, 2012) – TD Insurance, Inc., a subsidiary of TD Bank, N.A., has promoted David J. Lofstrom to Vice President, U.S. Commercial Sales and Product Development. Based in Boston, he will help grow the commercial property and casualty and employee benefits lines of business across TD Insurance’s footprint from Maine to Florida.

As part of the newly created position, Lofstrom will be responsible for strategic commercial insurance sales projects and initiatives, working closely with TD Bank business partners and TD Insurance regional management. He will help boost cross-sell between the regions and specialty businesses and TD Insurance, and raise awareness of various lines of business.

TD Insurance (www.tdbank.com/insurance) is one of the 10 largest bank-owned insurance agency and brokerage firms in the country, and a member of the prestigious Council of Insurance Agents and Brokers, the dominant organization of larger insurance firms in the country. TD Insurance’s seasoned commercial team works with businesses to define their specific needs and offer specific tailored solutions.

“David is a talented leader and the right person to lead us in this new effort,” said Joseph Blanche, Senior Vice President in Commercial Insurance at TD Insurance. “His wealth of experience of our industry, together with the legendary service and hassle-free products TD Insurance has to offer, will prove invaluable to our growth in the years ahead.”

Since joining TD Insurance in 2005, Lofstrom has held a variety of key roles, most recently as Vice President, Business Development in Massachusetts. He also has served as TD Insurance’s Regional Vice President for Southeastern Massachusetts. Lofstrom has 17 years of experience in the insurance industry. He is a member of the Massachusetts Association of Insurance Agents, Risk and Insurance Management Society, South Shore Chamber of Commerce and Plymouth Chamber of Commerce.

A Kingston, Mass., resident, Lofstrom serves on the Town of Kingston Finance Committee and is a volunteer youth baseball and basketball coach in his community. He received an MBA from Suffolk University in Boston, and an undergraduate degree from Westfield (Mass.) State University. Lofstrom is a native of Brewster, Mass., and graduated from Nauset Regional High School in Eastham, Mass.

TD Insurance has been serving the insurance needs of consumers, small businesses and corporate clients with a full range of coverage offerings for more than 100 years, and today protects more than a half a million personal and business customers. Available online, by phone, or through any TD Bank, America’s Most Convenient Bank®, location from Maine to Florida, TD Insurance makes insurance easy by shopping for customers, and giving them a choice of competitive, cost-effective insurance options from among the leading insurance companies in the region. For more information, visit www.tdbank.com/insurance.

About TD Insurance
TD Insurance, Inc., a subsidiary of TD Bank, N.A., is of the 10 largest bank-owned insurance agencies in the country. TD Insurance has been serving the insurance needs of consumers, small businesses and corporate clients with a full range of coverage offerings for more than 100 years, and today protects more than half a million personal and business customers. Available online, by phone, or through any TD Bank, America’s Most Convenient Bank®, location from Maine to Florida, TD Insurance makes insurance easy by shopping for customers, and giving them a choice of competitive, cost-effective insurance options from among the leading insurance companies in the region. For more information, visit www.tdbank.com/insurance.

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