Sep 30, 2025
Corporate
Group 1001 Insurance, a leading financial services company, today announced the appointment of Derek Towriss as President of Gainbridge Insurance Agency, LLC. Towriss has extensive experience in financial services, process improvement, and implementing forward-thinking strategies that align with the company’s growth plans.
“Derek’s proven track record of leadership and deep understanding of our annuity products and systems will guide Gainbridge to the next level of success,” said Linda Wang, president of the Group 1001 Life & Annuity business unit. “His career reflects a consistent ability to approach challenges with innovation and guide teams to achieve results.”
Towriss joined Delaware Life Insurance Company, a Group 1001 company, 10 years ago as an actuary, progressing through the valuation, hedging, and pricing disciplines while earning his FSA (Fellow of the Society of Actuaries) designation. He founded and built Group 1001’s administration system, which now powers all new business at Delaware Life and Gainbridge.
“I’m honored to serve in this role and lead Gainbridge,’’ said Towriss. “I look forward to working closely with our talented teams to build on our strong foundation, drive innovation, and create lasting value for our customers and stakeholders.’’
Towriss has a Bachelor of Science in Business Administration-Economics from the University of Florida and is a Fellow of the Society of Actuaries (FSA) and a Certified Enterprise Risk Actuary (CERA).
Sep 17, 2025
Corporate
In a recent Asset TV Interview, Colin Lake, President and CEO of Delaware Life Marketing, shared how the company is redefining annuity strategies to better serve advisors and clients in today’s evolving market.At the heart of Delaware Life’s success are seven pillars that guide everything employees do: clear processes, transparent messaging, advisor focus, technology, integrity, training, and a winning culture. Together, they’ve driven nearly 50% compound annual growth since 2023—well above indu...
Aug 18, 2025
Corporate
Delaware Life Insurance Company, a Group 1001 company, announces Barron’s has included the Accelerator Prime® Variable Annuity (“APVA”) in their “100 Best Annuities” annual list, marking APVA’s sixth consecutive appearance in the list. APVA was recognized for its income guarantees in the categories of both Single Life and Joint Life. “We are honored to be included in Barron’s best annuities list for the sixth straight year. This achievement underscores the strength of our company and our commitm...
Aug 8, 2025
Corporate
By Dale Uthoff, Chief Product Officer, and Jason Newkirk, Vice President, Hedging and Quantitative SolutionsRegistered Index-Linked Annuities (RILAs) have seen rapid growth and have gained popularity with investors who want the potential for market growth—but with some level of protection if the market goes down. While this sounds like a great deal, the investor experience is a bit more complicated, and the “upside” may not always be as high as it first appears.What is a RILA?A RILA is a type of...
Aug 7, 2025
Corporate
Group 1001 Insurance, a leading financial services company, today announced the promotion of Linda Wang to President of its Life & Annuity business unit. In addition to this new role, Wang will continue to serve as Chief Financial Officer of Group 1001 Insurance, maintaining oversight of the company’s financial strategy and performance.Over the past several years, Wang has led with strategic vision, financial discipline, and operational excellence. As President of the Life & Annuity busi...
Jul 29, 2025
Corporate
Delaware Life Insurance Company, a Group 1001 company, has been named as a 2025 Ward’s 50 L&H Top Performer for the sixth consecutive year. “It’s a privilege to once again be recognized by the Ward Group as a top performer,” said Group 1001 President and CEO Dan Towriss. “This achievement reflects the commitment of our team, the strength of our company, and the lasting value we provide our policyholders.” Annually, the Ward Group analyzes the financial performance of nearly 700 life-health i...
Jul 22, 2025
Corporate
By Daniel Getler, Vice President of Index and Fund SolutionsFixed indexed annuities (FIAs) have become a popular tool for those seeking both protection and market-linked growth in retirement. Many FIAs today include volatility-controlled indexes, a feature that has drawn interest but also criticism. While past performance of these indexes has not always met expectations, the purpose of volatility control is often misunderstood. Understanding FIAsA FIA is a retirement savings product that offers ...
Jul 9, 2025
Corporate
This summer, we partnered with FairWays to Leadership, a program designed to provide college students with leadership training opportunities through the game of golf. FairWays to Leadership was co-founded in 2020 by Dr. Eric Boyd, an Associate Professor of Marketing at the College of Business, University of Central Florida, and Anna Alvarez Boyd, an executive coach with more than 30 years of experience as a leader in the private and public sectors. The duo is dedicated to creating opportunities ...
Jul 9, 2025
Corporate
Group 1001 Insurance, a leading financial services company, today announced the promotion of Michael Bloom to Chief Legal Officer. Bloom will continue to serve as Chief Legal Officer and Secretary for Delaware Life Insurance Company, the group’s flagship company. In his new role, Bloom will have direct oversight for all legal and compliance matters for Group 1001’s Life & Annuity business unit, as well as responsibility for all shared legal services and governmental affairs for the group. He...
Jun 17, 2025
Corporate
Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company, announced today the launch of Target Income Choice™, a new fixed index annuity (FIA) available through the bank and broker-dealer channels. It provides a combination of guaranteed lifetime income, growth potential, and downside protection to further protect customers from rising inflation and market volatility. Target Income Choice™, an enhanced version of one of Delaware Life’s core FIAs, Target Income 10®, empowers custom...
May 7, 2025
Corporate
By Ian Laverty, Vice President of Product Strategy, Group 1001When the economy is as unpredictable as it is now, individuals often look for ways to protect their assets from market volatility, especially when in or approaching retirement. Annuities are products specifically suited to providing this protection, offering a unique mix of stability, predictability, and potential for growth. Now is a great time to explore how annuities can help you navigate a volatile market while securing your savin...
May 1, 2025
Corporate
Coalesce, an AI-powered data transformation and governance company, named Gu Xie, Head of Data Engineering at Group 1001, the Greatest of All Transformers (GOAT) of the Year. This honor is awarded to an individual who leads the way in innovation while upholding best practices in data engineering and data operations to ensure long-term success.Xie’s work exemplifies leadership in building future-ready data infrastructure, streamlining operations, and driving long-term strategic success across the...
Apr 6, 2025
Corporate
Get to know some of the leaders at Group 1001. Meet Jacqueline MacKinnon, Assistant Vice President, Corporate Real Estate. As Assistant Vice President, Corporate Real Estate, Jacqueline oversees Group 1001’s portfolio of owned and leased properties, including site selection and planning, design and construction, facilities management, and physical security. She has more than 20 years of experience in commercial property management and all aspects of corporate real estate. Jacqueline holds a busi...
Mar 27, 2025
Corporate
Get to know some of the leaders at Group 1001. Liz Dorrance, Vice President, Strategic Marketing. Liz is a seasoned marketing leader with over 20 years of experience in building and supporting brands through strategic digital and content marketing. As Vice President of Strategic Marketing at Group 1001, she has successfully aligned marketing strategies to drive sales, engage audiences, and enhance brand awareness. Liz began her career in advertising agencies, working with major brands such as P&...
Mar 25, 2025
Corporate
Get to know some of the leaders at Group 1001. Meet Santiago Jeyaseelan, Vice President of Product Management.As the Vice President of Product Management at Gainbridge®, a Group 1001 company, Santiago oversees tech product development for D2C and B2B platforms and the overall platform strategy. He is an experienced product leader with a proven track record of building engaging products and platforms across both B2B and D2C distribution models at scale. He has driven rapid growth for retail banks...
Mar 24, 2025
Corporate
Get to know some of the leaders at Group 1001. Meet Christopher Brew, Chief Claims Officer.Christopher is a claims, operations, and consulting executive with over 35 years of experience in the property and casualty insurance industry. As the Chief Claims Officer for Clear Spring Property and Casualty Group and a member of the executive leadership team, Christopher is responsible for claims management across the four Clear Spring Property and Casualty companies. Chris graduated from St. Joseph...
Mar 21, 2025
Corporate
Get to know some of the leaders at Group 1001. Meet Stephanie Weiss, Assistant Vice President and Senior Counsel, Corporate Governance and Regulatory. Stephanie is an experienced legal professional, having spent the past 16 years specializing in governance, regulatory, and corporate secretarial matters for financial institutions. As a leader in Group 1001’s Legal department, Stephanie ensures compliance and best practices across the organization. Stephanie holds a J.D. from Indiana University Ro...
Mar 19, 2025
Corporate
Get to know some of the leaders at Group 1001. Meet Joshua Nissley, Vice President, Financial Planning and Business Intelligence.As Vice President, Financial Planning and Business Intelligence, Joshua leads Financial Planning and Analysis for Group 1001’s Life & Annuity business and reports to the CFO. His team's responsibilities include preparing the annual business plan and monthly management reporting of financials and KPIs. Joshua has an undergraduate degree in Mathematics from Cedar...
Mar 18, 2025
Corporate
Get to know some of the leaders at Group 1001. Meet Daniel Getler, Vice President, Index and Fund Solutions.As Vice President, Index and Fund Solutions, Daniel leads initiatives related to the indexes and funds that underlie our annuity offerings. He has over 15 years of experience in investments, specializing in quantitative investing across active and passive strategies. Before joining Group 1001, he worked on custom index design at Invesco, led quantitative research on ESG investing at Arabes...
Jan 14, 2025
Corporate
Delaware Life Insurance Company, a Group 1001 company, announces three new innovative fixed index annuities (FIAs) – Momentum Growth™, Momentum Growth Plus™, and DualTrack Income™. These FIAs offer investors all the features and benefits of a traditional FIA with the flexibility to control and customize their risk while helping capitalize on positive equity markets to help them reach their retirement goals faster. They are available exclusively through Independent Marketing Organizations (IMOs)....
Dec 11, 2024
Corporate
Delaware Life Insurance Company (“Delaware Life”), a Group 1001 Insurance company, today announced that S&P Global Ratings (“S&P”) has upgraded its issuer credit and financial strength rating from BBB+ to A- with a stable outlook.Delaware Life’s upgraded S&P rating was assigned based on several factors cited by S&P, including the company’s strong capital, diversified distribution channels and wholesaler distribution model, as well as its strong operating performance. Please refer...
Nov 15, 2024
Corporate
This week, employees attended the Nasdaq Closing Bell to celebrate the recent launch of Delaware Life's select Fixed Indexed Annuity products featuring the innovative Nasdaq-100 Volatility Control 12%™ Index. We are proud to be a Nasdaq partner. Learn more about how our annuities can help you power your retirement savings here.
Nov 7, 2024
Corporate
Group 1001, a leading financial services company, announces Tony Marichal as Vice President of Annuity Operations of Group 1001 Life & Annuity.Reporting to Chief Operating Officer Martin Woll, Marichal oversees the annuity operations for two Group 1001 companies, Delaware Life Insurance Company and Clear Spring Life and Annuity Company. He is responsible for creating efficiencies across operations, building effective training and development plans, and ensuring the customer experience is a d...
Oct 31, 2024
Corporate
Group 1001 and Franklin Skills PartnershipOne year ago, Group 1001 and Franklin Skills (formerly Franklin Apprenticeship) partnered to launch Group 1001’s first apprenticeship program. This program provides employees with on-the-job tech training under the supervision of skilled IT managers and mentors and customized instruction that aligns directly with their jobs. Working with Franklin Skills, Group 1001 tailored the program to address the unique needs of both the company and the apprentices. ...
Oct 21, 2024
Corporate
Gainbridge®, through its Group 1001 affiliate, announced today a partnership with RetireOne, the leading independent platform in the annuity marketplace for registered investment advisors (RIAs). RetireOne, an outsourced insurance desk, provides RIAs and their customers valuable solutions that are simple to use, easy to understand, and delivered with outstanding service. RIAs now have platform access to two of Gainbridge®’s high-yield multi-year guaranteed annuity (MYGA) products – FastBreak™1 a...
Oct 7, 2024
Corporate
Group 1001 announces that Dan Healy has been appointed the Chief Risk Officer, Group 1001, and Mark McCallister has been promoted and will succeed Dan as Chief Internal Audit Officer. Healy has been with Group 1001 for more than nine years and has been acting as the interim Chief Risk Officer for the Life & Annuity business unit for the past several months. He consistently demonstrates exceptional leadership and a deep understanding of our risk management process. In his new role, he will ov...