Caitlin Clark (Photo Credit: Iowa Athletics)

Gainbridge® Signs College Basketball Star Caitlin Clark as Brand Ambassador

Gainbridge®, a Group 1001 company, announced today a multi-year partnership with Iowa women’s basketball star Caitlin Clark to serve as brand ambassador for the company. The company also announced a new product now available on the Gainbridge® platform, ParityFlex™, a multi-year guaranteed annuity product created for women, by women.

Clark is joining the Gainbridge® roster of athletes, which includes 39-time Grand Slam Champion Billie Jean King and 72-time LPGA Tour winner Annika Sörenstam, to promote ParityFlex™ and other products available on the Gainbridge® platform.

“I am honored to be part of the company’s deepening commitment to advancing opportunities for women, on and off the court, like this visionary new product for women,’’ said Clark. “Women of all ages need to think about their long-term financial goals. The ParityFlex™ product is designed to allow women to begin building their financial future now.”

“We are thrilled to partner with a generational talent like Caitlin Clark,’’ said Group 1001 President and CEO Dan Towriss. “We look forward to having Caitlin join Billie Jean and Annika to represent Gainbridge® as this new product for women is launched and now available on the Gainbridge® platform.”

Clark, who became the all-time leading scorer in college basketball history on Sunday, is one of the most decorated collegiate basketball players in men’s and women’s history and entered this season with the Iowa Hawkeyes as the preseason Big Ten Player of the Year and unanimous AP preseason All-American honors. After leading her team to the 2023 NCAA Women’s National Championship game, Clark earned the Naismith trophy – the most prestigious individual honor in women’s college basketball – in addition to the Wooden Award National Player of the Year, the Wade Trophy, and the Honda Sport Award for Women’s Basketball and was a 2023 Academic All-American.

“It’s an honor to have Caitlin join us on Team Gainbridge®,” said Billie Jean King. “She is an amazing talent on the court, but more importantly, she puts her team ahead of herself and is a leader, an agent of change, and a champion on and off the court. Thanks to Gainbridge® for once again stepping up and showing their commitment to being a leader in women’s sports.”

To kick off Women’s History Month, Clark’s signature will be included on the No. 26 Gainbridge® Honda driven by Colton Herta on INDYCAR and the No. 77 Group 1001 Camaro driven by Corey Lajoie on NASCAR. Both races are on March 10.

The innovative ParityFlex™ product, available now at www.gainbridge.io/parityflex, combines a multi-year guaranteed annuity (MYGA) with a guaranteed lifetime withdrawal benefit for no additional cost. The only direct-to-consumer offering of its kind, ParityFlex™ is designed to address women’s unique retirement needs – the security of fixed growth, a measure of liquidity for changing life circumstances, and a guaranteed stream of lifetime income. Customers will be able to choose when to activate guaranteed income at any time after the first year, which will provide a certain amount of income for the rest of their lives, even if their account balance falls to zero.*

About Gainbridge®

Founded in 2018, Gainbridge® is an insurtech subsidiary of Group 1001 that empowers consumers to take control of their financial future with solutions that are accessible to everyone no matter their budget or financial knowledge. Its platform provides access to financial products that are simple, intuitive, and backed by smart technology with no complexity or hidden fees. Gainbridge® is headquartered in Zionsville, Indiana. For more information, visit www.gainbridge.io or follow and connect with us on X and LinkedIn.

About Group 1001

Group 1001 Insurance Holdings, LLC (“Group 1001”) is a collective that empowers companies to create positive growth. Our insurance and annuities are easy to understand and accessible to all. Our online investing platform gives individuals control over their savings. Our technology and innovation help companies succeed. And our strategic partnerships bring people together through education and sports. As of September 30, 2023, Group 1001 had combined assets under management of $59.8 billion. It comprises the following brands: Delaware Life, Gainbridge®, Clear Spring Health, Clear Spring Property and Casualty Group, Clear Spring Life and Annuity Company, and RVI Group.

*Provided your account value hasn't gone to $0 due to excess withdrawals.

ParityFlex™ is issued by Gainbridge Life Insurance Company (“Gainbridge Life”), a Delaware-domiciled insurance company with its principal office in Zionsville, Indiana. Gainbridge Life is currently licensed and authorized to do business in 49 states (all states except New York), the District of Columbia, and Puerto Rico. Annuities contain limitations, early termination charges, and adjustments. All guarantees are based on the claims-paying ability and financial strength of the issuing insurance company.

Withdrawals above the free withdrawal amount may result in a surrender charge and/or a market value adjustment and excess withdrawals may result in a reduction of future payments under the guaranteed lifetime withdrawal benefit. If you are under the age 59 ½ a federal tax penalty may also apply to any withdrawal.

This communication is for informational purposes only. It is not intended to provide, and should not be interpreted as, individualized investment, legal, or tax advice. To obtain such advice, please consult with the appropriate professional.

search
date filter
SunMonTueWedThuFriSat

Delaware Life Insurance Company Recognized as a 2024 Ward’s Top 50® Life-Health Company

Delaware Life Insurance Company, a Group 1001 company, has been named a Ward’s 50® top-performing life-health company for 2024. This placement positions Delaware Life Insurance Company in the top 50 of more than 700 life-health insurance companies for outstanding financial results in the areas of safety, consistency, a...

Group 1001 Names Martin Woll as Chief Operating Officer

Group 1001, a leading financial services company, announces Martin Woll as Chief Operating Officer of Group 1001 Life & Annuity. A member of the executive leadership team and reporting to Group 1001’s President and CEO, Woll will lead the operations team, including the client experience, facilities, and corporate r...

Annuity Myths and Truths

By Dale Uthoff, Chief Product Officer, Group 1001 Life and Annuity

June is National Annuity Awareness Month. Annuities can offer flexibility both in how you save for and receive money in retirement. It comes down to knowing that there are different types of annuities, each designed to address a specific need or life sta...

Delaware Life Announces Enhancements to Fixed Index Annuities, Bringing Innovation and Diversification Including the Invesco QQQ ETF

To give consumers a simple, tailored way to diversify returns and guarantee higher minimum growth, Delaware Life Insurance Company (Delaware Life), a Group 1001 company, announces the addition of two diversified, multi-strategy Precision Portfolios as part of the Growth Pathway fixed index annuity (FIA). As an addition...

New Savings Program Offers Higher APY by Combining Market Returns with a Guaranteed Yield

Gainbridge®, a Group 1001 company, and Save®Advisers, LLC, a technology and wealth management company, announced the launch of Market+ to address the needs of savers who want market participation with a minimum guaranteed return.

Market+ offers a hybrid yield structure, featuring a 3% guaranteed annual yield (returned i...

DUPR and Delaware Life Team Up to Fuel Growth of Pickleball

Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company and a leader in annuity and life insurance products, and DUPR (Dynamic Universal Pickleball Rating), today announced a long-term partnership dedicated to driving growth and innovation in pickleball.

Under the agreement, Delaware Life is the exclusi...

Delaware Life Insurance Company Launches Innovative Fixed Index Annuity with Premium Bonus: PrimeStart Bonus 10SM

WALTHAM, Mass., March 25, 2024 - Delaware Life Insurance Company ("Delaware Life") has launched an innovative, flexible-premium fixed index annuity featuring a premium bonus. PrimeStart Bonus 10SM offers an exclusive trifecta of features combining the power of a 10% premium bonus, interest crediting that’s ba...

Boaknin

Group 1001 Names Boaknin as Chief Information Officer

Zionsville, Ind. (March 11, 2024) – Group 1001, a leading financial services company, announces Nick Boaknin as Chief Information Officer. Boaknin previously held the role of Technology Transformation Leader.

As Chief Information Officer, Boaknin will assist Group 1001’s Technology team in building and delivering high-...

Women's History Month Race Cars

Group 1001 Includes Women Employees’ Names on Race Cars in Honor of Women’s History Month

Group 1001, a leading financial services company, is off to the races to recognize and honor women employees and financial advisors during Women’s History Month in March.

To celebrate women working for Group 1001, more than 450 woman employees’ names will be included Sunday, March 10 on two Group 1001 company race cars...

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...