Jan 18, 2022
Group 1001 today announced the appointment of Wall Street leader Bill Shelton to the position of Chief Marketing Officer. Shelton is a financial services veteran with deep expertise in delivering transformational growth and success in both the corporate and start-up sectors. He will report to Group 1001 CEO and President Dan Towriss.
“We’re delighted that Bill is joining Group 1001 and will quickly deliver on our mission of powering the next generation of insurance products, working to leverage technology to bring down costs and increase transparency to customers’’ Towriss said. “Bill’s immediate focus will be on the Gainbridge brand, products and sponsorship efforts. His experience as an innovative leader in the worlds of both Wall Street and sports will help us build on our existing initiatives and accelerate growth of our brands.’’
“I have been an admirer for years of Dan’s business acumen, social consciousness and vision for Group 1001. This appointment is a unique opportunity that combines my passions for fast growing business, retail financial services products, responsible social change efforts, and sports in one organization which is exciting. I can’t wait to get started.”
Shelton has 25 years of executive experience, including 17 years on Wall Street at JPMorgan’s Investment Bank and with the derivative businesses at both Deutsche Bank and Goldman Sachs. At Deutsche Bank, he was a managing director overseeing most of the institutional derivative businesses, including insurance. At Goldman Sachs, he was a managing director leading the firm’s efforts in designing, selling and marketing proprietary indices for fixed index annuities sold to insurance companies. He was first introduced to the Group 1001 enterprise at Goldman Sachs and then provided several indices for Group 1001 products when he moved to Deutsche Bank.
In addition, Shelton is the co-founder of Parity, a sports and technology company focused on improving the lives of elite women athletes. Parity, seeks to bridge the gender pay gap in the sports sponsorship and endorsement market, using analytics and tech. This makes Shelton the perfect match with Group 1001’s mission to drive social change through sports and education.
Shelton is a board member of Rev Racing, the competition arm of NASCAR’s Driver for Diversity Program, and a former board member of USA Track and Field (USATF). His experience in sports also includes being a recent USATF Masters American Record Holder (4x400m), and as a mentor to several former and current athletes from the NBA, NFL, and Track & Field. Bill has received numerous awards including the America’s 50 Top Blacks In Technology, Walter Massey Leadership Award, Morehouse College, Business Innovator of the Year Finalist, Black Enterprise Magazine and the C. Steward Leadership Award from the University of Virginia.
Lisa Harpenau, Vice President, Corporate Communications
Sep 27, 2023
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,...
Sep 26, 2023
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...
Sep 7, 2023
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...
Sep 1, 2023
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...
Aug 31, 2023
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.”
Aug 21, 2023
“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...
Aug 17, 2023
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...
Jul 28, 2023
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...
Jul 27, 2023
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...
Jul 12, 2023
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...
Jun 28, 2023
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...
Jun 21, 2023
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...
Jun 14, 2023
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...
Jun 2, 2023
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...
Jun 1, 2023
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...
May 25, 2023
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, ...
May 25, 2023
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...
May 18, 2023
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...
Mar 2, 2023
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...
Mar 1, 2023
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...
Nov 4, 2022
Delaware Life, a Group 1001 company, has been recognized in a recent Barron’s article, “The Best Annuities for Income and Growth.” Noting that sales of these investment products have surged this year, the article highlights Delaware Life’s Growth Pathway®Fixed Index Annuity and Apex MYGA®Fixed Annuity as standouts in t...