Aug 15, 2022
Corporate
We are pleased to announce Guggenheim Life and Annuity Company, who recently received an upgrade from A.M. Best to a Financial Strength Rating of A- (Excellent), has a new name: Clear Spring Life and Annuity Company (“Clear Spring Life”). In addition, GL Marketing, LLC is now Clear Spring Life Marketing, LLC (“CSL Marketing”). We are excited about this change and the future of this new brand. Clear Spring Life will continue to deliver long-term results to its clients with excellence and integrity. CSL Marketing will continue to provide its distribution partners with the expert service that is their hallmark. To learn more, visit the Clear Spring Life and CSL Marketing websites.
Jun 2, 2023
Corporate
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
Corporate
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 30, 2023
Corporate
As we celebrate Military Appreciation Month, two brothers deserve recognition for serving the United States Army and Group 1001. Josh Satterfield, Senior Manager for Clear Spring Life & Annuity Company (CSLAC) and Delaware Life, and brother Isaac Satterfield, Team Lead for Delaware Life, ...
May 25, 2023
Corporate
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
Corporate
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
Corporate
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
Corporate
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
Corporate
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
Corporate
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...
Sep 21, 2022
Corporate
Delaware Life, acting as arranger and a lead lender, recently provided a $400 million credit facility to Fundamental Renewables, an established provider of financing for solar and other renewable energy projects. This landmark transaction is an example of an important element of Delaware Life’s investment strategy – to...
Aug 22, 2022
Corporate
INDIANAPOLIS – AUG. 22, 2022 — Group 1001 today announced the appointment of Mike Nichols as Chief of Sponsorship Strategy and Activations. Nichols has more than 25 years of executive experience in sports leadership and sponsorships, including more than 16 years at the LPGA (Ladies Professional Golf Association). He wi...
Aug 2, 2022
Corporate
Fitch Ratings, a global credit rating agency, has published an Insurer Financial Strength (IFS) rating of “A-“ for Delaware Life Insurance Company. Read more about this rating HERE.
“We are pleased with the decision by Fitch Ratings and believe it is reflective of Delaware Life’s dedication to the business and our stron...