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.

"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.