Group 1001

A.M. Best Upgrades Guggenheim Life and Annuity Company

A.M. Best, a global credit rating agency, has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-“ (Excellent) from “bbb+” (Good) of Guggenheim Life and Annuity Company (“Guggenheim Life”). Read the press release here.

"We are thrilled that A.M. Best has upgraded Guggenheim Life, which recently joined the Group 1001 financial services enterprise,” said Dan Towriss, CEO and President of Group 1001, Guggenheim Life’s parent company. “This upgrade recognizes the success and financial strength of our organization as well as our continued commitment to our business strategy.”

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Group 1001 Announces Two Vice President Technology Hires

Zionsville, IN (February 27, 2024) - Group 1001, a leading financial services company, announced the addition of Tricia Borcherding as Vice President, Technology Governance and Walter Hjelmar as Vice President, Platforms and Cloud.

In the role of Vice President, Technology Governance, Borcherding will shape and oversee...

Celebrating Black History Month

Every February, the United States honors the contributions, sacrifices, and achievements of Black Americans who have helped shape the nation. We’ve asked several Group 1001 employees how they celebrate Black History Month and what it means to them.

Black History Month originally started as National Negro History Week in...

Group 1001 Moves to New Office in Waltham, Massachusetts

Group 1001 has moved to a new office at 230 CityPoint, just outside of Boston. The new location provides a more flexible, modern space, allowing greater collaboration amongst team members to better serve clients.

Located just 20 minutes from downtown Boston, the office will support more than 150 employees.

“Our teams w...

Celebrate National STEM Day with Group 1001 Employees

Today is National STEM Day celebrating Science, Technology, Engineering, and Mathematics skills! At Group 1001, hundreds of our employees have STEM degrees that have led them to rewarding and important careers.

STEM Day was created because studies revealed that U.S. students were not keeping up with other countries in ...

Group 1001 Welcomes New Senior Leverager, Vice President Vidhyarth (Raghu) Hariharan

Zionsville, IN (October 18, 2023) - Group 1001 welcomes Vidhyarth (Raghu) Hariharan to the company as Senior Leverager, Vice President for the life and annuity businesses.

Reporting to the Chief Strategy Officer, Hariharan will further secure Group 1001’s reputation as a technology leader and innovator in today’s ever-...

Group 1001 Welcomes Chris Kennedy, Chief Information Security Officer

Zionsville, IN (October 16, 2023) – Group 1001, a leading financial services company, today announced the addition of Chris Kennedy as Group 1001 Chief Information Security Officer.

Kennedy has robust experience and a proven track record of developing and implementing comprehensive information security programs spanning...

Group 1001

Delaware Life Supports Cabrera Capital Markets

Group 1001 believes in supporting and engaging with the communities where we live and work, including by supporting minority-owned businesses.

In line with this belief, Delaware Life Insurance Company, a Group 1001 company, has maintained an investment of between $50 million and $175 million in the Cabrera Capital Marke...

Delaware Life Marketing Announces New President and CEO, Colin Lake  

Zionsville, IN (September 28, 2023) – Delaware Life, a Group 1001 company, today announced the appointment of Colin Lake as President and CEO of Delaware Life Marketing. Lake brings more than 26 years of experience to the role with a track record of leading sales teams toward sustainable, exponential growth. Tom Seitz,...

Insurtech Mylo Teams with Gainbridge® to Introduce Gainbridge® Protect

Mylo Embeds Access to its Home and Auto Insurance Solutions on the Gainbridge® Platform

ZIONSVILLE, IN (September 26, 2023) – Insurtech leaders Mylo and Gainbridge® today announced the launch of Gainbridge® Protect, which will embed Mylo’s guided auto and home insurance shopping experience into the Gainbridge® platform...

Indy Women in Tech Summit Shares Strategies for Success

The Indy Women in Tech (IWiT) Summit took place Wednesday, August 30 in Indianapolis. Twenty-two employees from Group 1001 (including volunteers) attended the Summit, thanks to complimentary tickets from IWiT. More than 190 attendees in total enjoyed the session. The Summit was part of Rally, a three-day global innovat...

Gainbridge, a Group 1001 Company, Announces Chief Strategy Officer for Life and Annuity, Minji Ro  

Zionsville, IN (September 1, 2023) - Gainbridge®, a Group 1001 company, announced that Minji Ro has joined the company as Chief Strategy Officer for the life and annuity businesses. Ro has extensive experience in financial services, process improvement, and implementing forward-thinking strategies that align with the c...

Delaware Life Accelerator Prime® Variable Annuity Named Barron’s Best Annuities and Due Diligence Works’ #1 Annuity for Income

The Delaware Life Accelerator Prime® Variable Annuity (the APVA) has been named Best Annuities: Guaranteed Income with Some Flexibility, Liquidity, and Growth Potential by Barron’s. The list includes “annuities with the most competitive payouts or guarantees, all offered by insurers with top credit ratings.”

The article...

Waltham Office Completes Successful Back-to-School Backpack Drive

“Start where you are. Use what you have. Do what you can.” – Arthur Ashe, Former Pro Tennis Player

This quote describes the recent volunteer activity undertaken in Waltham as employees donated supplies, assembled and filled backpacks, loaded trucks, and delivered 255 fully-stocked backpacks to families in need with el...

Gu Xie

Group 1001’s Gu Xie Is Leading the Organization to Be Data Centric in Decision Making

Gu Xie, Head of Data Engineering for Group 1001, is already making huge waves as he approaches one year on the job, leading the transformation of the organization to become data-centric. Gu built an innovative platform from the ground up, focused on new capabilities and data to enable analytic outcomes and empower team...

Group 1001 Update on Ransomware Attack

Group 1001, Inc. would like to provide an update to our stakeholders concerning the February 9, 2023, ransomware attack on our information technology infrastructure.

As previously reported, we immediately launched an investigation to determine the full scope of the incident, and a team of leading third-party forensic e...

Group 1001 Appreciates Our 2023 Summer Interns

We are excited to work with 11 summer interns! Group 1001’s internships are designed to provide a highly engaging, real-life experience where students have the opportunity to work on real projects, make an impact, and gain valuable business skills.

“Group 1001 is committed to providing interns the opportunity to provide...

Group 1001

Delaware Life Insurance Company Recognized as a 2023 Ward’s Top 50 Life-Health Company

Delaware Life Insurance Company, a Group 1001 Company, has been recognized as a top-performing company in the insurance industry by Ward, an Aon company, who is a leading benchmarking provider for the insurance industry. This prestigious group of 50 companies is chosen based on publicly available data to identify the t...

Group 1001 Honored with HR Impact Award from Indianapolis Business Journal

Group 1001 received an HR Impact Award presented by the Indianapolis Business Journal! The company was recognized in the “employee experience” category, which acknowledges programs and efforts that make an organization a better place to work, whether that’s through strong benefits programs, work/life balance efforts, c...

Gainbridge®, a Group 1001 Company, Announces Vice President of Marketing, Adam Harrington

Zionsville, IN (June 21, 2023) – Gainbridge®, a Group 1001 company, announced the appointment of Adam Harrington to the position of Vice President of Marketing. With more than 13 years of experience leading customer growth and helping companies elevate their marketing, Harrington will use his extensive background to le...

Group 1001 CEO & President Dan Towriss Speaks at the Marketing Innovation Summit Hosted by Eli Lilly

CEO and President Dan Towriss spoke at the Marketing Innovation Summit: Driving Brand Purpose, hosted by Eli Lilly and Company on May 25. Towriss presented “Why Motorsports” just prior to the Indy500 race presented by Gainbridge®. The summit featured thought leaders in the industry from companies including PepsiCo, Dom...

Gainbridge’s® Santiago Jeyaseelan Discusses Niche Financial Services for Forbes Technology Council

Santiago Vinoth Jeyaseelan is the VP of Product Management & Design for Gainbridge®. As a Forbes Technology Council member, he talks about the rapidly-evolving state of financial services. Jeyaseelan expands on the rise of embedded finance, the next wave, challenges ahead, and how embedded finance is “reshaping the...

Gainbridge

Gainbridge® Launches New Annuity Product Focused on Flexibility and Risk Mitigation

Zionsville, Indiana (June 1, 2023) – Zionsville, Indiana – Gainbridge Insurance Agency, LLC (“Gainbridge”), a Group 1001 company, is pleased to announce the launch of OneUp™, a new registered index-linked annuity issued by Gainbridge Life Insurance Company through the Gainbridge® platform. The OneUp™ product is current...

Delaware Life Executives Participate in Association of Life Insurance Counsel’s Annual Meeting

Delaware Life’s Chief Legal Officer, Mike Bloom, and Vice President and Associate General Counsel, Maura Murphy, attended the Association of Life Insurance Counsel’s 2023 Annual Meeting in California on May 7-9. Their participation at the conference exemplified Delaware Life’s commitment to staying ahead of the curve, ...

Gainbridge

Gainbridge Announces Launch of Its New B2B Insurance-as-a-Service Platform and Partnership With SAVE

Zionsville, IN (May 25, 2023) – Gainbridge Insurance Agency, LLC (“Gainbridge”), a Group 1001 company, announced today the upcoming launch of its business-to-business (B2B) “insurance-as-a-service” platform targeting leading financial technology companies with turnkey, intuitive savings, and retirement solutions for th...

Parity Appoints Leela Srinivasan as CEO

A seasoned executive and three-time CMO of high-growth companies joins to lead Parity through its next phase.

Parity, and its parent company Group 1001, announced the hiring of Leela Srinivasan as its chief executive officer. Srinivasan, an experienced executive whose 25-year career has spanned roles in marketing, sale...

Group 1001

AM Best Comments on Credit Ratings of Certain Group 1001 Insurance Holdings, LLC Subsidiaries Following Ransomware Attack

AM Best has commented that the Credit Ratings (ratings) of certain Group 1001 Insurance Holdings, LLC’s rated subsidiaries remain unchanged following the parent company’s disclosure that it sustained a cybersecurity attack that caused a network disruption and impacted certain systems.

According to the company, the follo...

Group 1001

Group 1001 Resumes Full Operations After Ransomware Attack

Group 1001, Inc. would like to provide an update to our stakeholders concerning recent system interruptions experienced by certain Group 1001 Insurance member companies, including Delaware Life Insurance Company, Delaware Life Insurance Company of New York, Clear Spring Life and Annuity Company, Clear Spring Property a...