Group 1001

Group 1001 Companies Make Capital Commitment in Support of Hometap's Institutional Asset Investment Fund

January 31, 2022 – We are proud to support Hometap’s Institutional Asset Investment Fund through a capital commitment deal led by our G1001 Innovations group. Last week, Hometap announced Group 1001’s Delaware Life Insurance Company, and other of its affiliated insurance companies, made a capital commitment to Hometap’s latest institutional asset investment fund.

Group 1001 supports Hometap’s creative solution that allows homeowners to receive debt-free cash in exchange for a share of their home’s future value. This investment deal was led by our G1001 Innovations group, a cross-functional team that originates and executes investments, capital solutions, product development, and partnership transactions for the Group 1001 companies. This transaction aligns with our mission to offer useful and intuitive financial products accessible to everyone.

Read more here.

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Group 1001 Becomes Majority Stakeholder in Women’s Sports-Focused Enterprise Parity

NEW YORK (Date TBD) – In a bold step to create lasting and meaningful change in women’s sports, Group 1001 will become a majority stakeholder in Parity, a startup created for both elite women athletes and their fans to combat gender pay inequities in professional sports.

As part of the acquisition, Parity will have sub...

Bill Shelton

Group 1001 Names Bill Shelton as Chief Marketing Officer

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 Preside...

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. Be...

Delaware Life

Delaware Life on Barron's 100 Best Annuities for Today's Market List

Interest in annuities is up and Barron's recently recognized the 100 best for today's market.

Delaware Life's new Accelerator Prime℠ variable annuity with Income Control and Income Boost riders, and its Pinnacle multi-year guaranteed annuity topped key categories in Barron's 2021 "The Best Annui...