Sep 25, 2018
Group1001 was launched today as a newly rebranded insurance group in the United States. The group is a privately-owned insurance business with approximately 340,000 policyholders and $37 billion in assets. The rebranded group includes Delaware Life Insurance Company and Delaware Life Insurance Company of New York.
Group1001 will continue operating Delaware Life Insurance Company and its subsidiary, Delaware Life Insurance Company of New York. The re-branded group will provide full continuity to all existing customers and its network of ﬁnancial advisors, agents and broker-dealers. Daniel Towriss, a veteran insurance executive and president of Delaware Life Insurance Company, will lead the group. “We have created Group1001 to expand our impact and pursue opportunities to bring new products and services to a wider range of people. This will allow us to build on our strong performance record to continue developing new ways for people to save and plan for their futures," said Towriss. “Our commitment extends beyond our people and our customers. We are passionate about supporting local initiatives that create opportunities for under-served communities through education and sports. Most recently, we are proud supporters of the Fields & Futures initiative in Oklahoma City.”
Group1001, formerly known as Delaware Life Holdings, is a newly-rebranded insurance holding company in the United States, with current combined assets under management of approximately $37 billion. Group One Thousand One includes Delaware Life Insurance Company and its subsidiaries and afﬁliates, including Delaware Life Insurance Company of New York. For more information about Group One Thousand One, please visit us at Group1001.com.
About Daniel Towriss
Mr. Towriss, an actuary by training, was chief risk ofﬁcer for a unit of the international insurance company Aegon when he joined Guggenheim Partners in 2009.
As Guggenheim Partner’s insurance expert, Mr. Towriss helped the ﬁrm acquire and oversee a number of life insurance companies, in each case building a track record for growth and a return to proﬁtability.
While he continued at Guggenheim Partners, a group of private investors led by Mr. Towriss separately created Delaware Life Holdings in 2012 to acquire the U.S. annuities and certain life insurance business of the Canadian company, Sun Life Financial. Under Mr. Towriss’s leadership, Delaware Life Holdings reorganized and revitalized the acquired businesses returning them to growth and proﬁtability, with sales of new insurance products growing in excess of 20 percent annually.
Group1001: LOUISE THACH
Nov 17, 2023
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...
Nov 8, 2023
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 ...
Oct 18, 2023
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-...
Oct 16, 2023
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...
Oct 13, 2023
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...
Sep 28, 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...