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 governance processes, technology controls and compliance, technology finance, and vendor management. As Vice President, Platforms and Cloud, Hjelmar will lead the Platforms team and foster a culture of innovation, collaboration, and continuous improvement.

“Borcherding and Hjelmar bring valuable expertise in technology strategy and operational expertise during an exciting time for our company,” said Bob Stanton, Group 1001 Chief Operating Officer. “As we continue to have a strategic mindset toward people, technology, risk, and return on capital, Borcherding and Hjelmar will push the organization to think creatively about how technology and innovation chart our way forward.”

Borcherding has extensive experience in process improvement, project management, financial analysis, change management, and identifying, assessing, and managing enterprise risks. Borcherding most recently served as the Vice President of HR Shared Services at CNO Financial Group. She has held several other leadership roles at CNO Financial Group including Vice President of Operational Risk and Performance Management, Vice President of Enterprise Risk Management, and Vice President of Internal Audit.

Borcherding holds a bachelor’s degree in accounting and computer information systems from Indiana University. She is a Certified Public Accountant, Chartered Global Management Accountant, Certified Information Systems Auditor, and Life Management Institute Fellow.

“I look forward to the opportunity to support future growth of the organization,” said Borcherding. “Group 1001 continues to shape the insurance landscape, and I’m excited to be at the forefront of such innovation.”

With more than 30 years of IT experience, Hjelmar has held senior positions in strategy, engineering, operations, program management, web architecture, and enterprise management for organizations in the financial sector. Hjelmar joins Group 1001 from Synechron where he served as the Head of Consulting for North America. Prior to that, he was the Partner and Global Lead of Enterprise Transformation Competency for Citihub and held leadership roles at Morgan Stanley.

“I am honored to join Group 1001 as Vice President, Platforms and Cloud,” said Hjelmar. “The company's dedication to leveraging technology for enhancing customer experience and operational efficiency resonates with my professional history. I am eager to contribute to Group 1001's success by leading the charge in adopting and optimizing cloud technologies and data strategies that drive business growth and innovation.”

About Group 1001

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 more than 1,200 employees and combined assets under management of $59.8 billion, serving more than 950,000 customers. It comprises the following brands: Delaware Life, Gainbridge®, Clear Spring Health, Clear Spring Property and Casualty Group, Clear Spring Life, and RVI Group, among others.

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