Mar 5, 2024
Corporate
Sponsorship
Gainbridge® Signs College Basketball Star Caitlin Clark as Brand Ambassador
Gainbridge®, a Group 1001 company, announced today a multi-year partnership with Iowa women’s basketball star Caitlin Clark to serve as brand ambassador for the company. The company also announced a new product now available on the Gainbridge® platform, ParityFlex™, a multi-year guaranteed annuity product created for women, by women.
Clark is joining the Gainbridge® roster of athletes, which includes 39-time Grand Slam Champion Billie Jean King and 72-time LPGA Tour winner Annika Sörenstam, to promote ParityFlex™ and other products available on the Gainbridge® platform.
“I am honored to be part of the company’s deepening commitment to advancing opportunities for women, on and off the court, like this visionary new product for women,’’ said Clark. “Women of all ages need to think about their long-term financial goals. The ParityFlex™ product is designed to allow women to begin building their financial future now.”
“We are thrilled to partner with a generational talent like Caitlin Clark,’’ said Group 1001 President and CEO Dan Towriss. “We look forward to having Caitlin join Billie Jean and Annika to represent Gainbridge® as this new product for women is launched and now available on the Gainbridge® platform.”
Clark, who became the all-time leading scorer in college basketball history on Sunday, is one of the most decorated collegiate basketball players in men’s and women’s history and entered this season with the Iowa Hawkeyes as the preseason Big Ten Player of the Year and unanimous AP preseason All-American honors. After leading her team to the 2023 NCAA Women’s National Championship game, Clark earned the Naismith trophy – the most prestigious individual honor in women’s college basketball – in addition to the Wooden Award National Player of the Year, the Wade Trophy, and the Honda Sport Award for Women’s Basketball and was a 2023 Academic All-American.
“It’s an honor to have Caitlin join us on Team Gainbridge®,” said Billie Jean King. “She is an amazing talent on the court, but more importantly, she puts her team ahead of herself and is a leader, an agent of change, and a champion on and off the court. Thanks to Gainbridge® for once again stepping up and showing their commitment to being a leader in women’s sports.”
To kick off Women’s History Month, Clark’s signature will be included on the No. 26 Gainbridge® Honda driven by Colton Herta on INDYCAR and the No. 77 Group 1001 Camaro driven by Corey Lajoie on NASCAR. Both races are on March 10.
The innovative ParityFlex™ product, available now at www.gainbridge.io/parityflex, combines a multi-year guaranteed annuity (MYGA) with a guaranteed lifetime withdrawal benefit for no additional cost. The only direct-to-consumer offering of its kind, ParityFlex™ is designed to address women’s unique retirement needs – the security of fixed growth, a measure of liquidity for changing life circumstances, and a guaranteed stream of lifetime income. Customers will be able to choose when to activate guaranteed income at any time after the first year, which will provide a certain amount of income for the rest of their lives, even if their account balance falls to zero.*
About Gainbridge®
Founded in 2018, Gainbridge® is an insurtech subsidiary of Group 1001 that empowers consumers to take control of their financial future with solutions that are accessible to everyone no matter their budget or financial knowledge. Its platform provides access to financial products that are simple, intuitive, and backed by smart technology with no complexity or hidden fees. Gainbridge® is headquartered in Zionsville, Indiana. For more information, visit www.gainbridge.io or follow and connect with us on X and LinkedIn.
About Group 1001
Group 1001 Insurance Holdings, LLC (“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 combined assets under management of $59.8 billion. It comprises the following brands: Delaware Life, Gainbridge®, Clear Spring Health, Clear Spring Property and Casualty Group, Clear Spring Life and Annuity Company, and RVI Group.
*Provided your account value hasn't gone to $0 due to excess withdrawals.
ParityFlex™ is issued by Gainbridge Life Insurance Company (“Gainbridge Life”), a Delaware-domiciled insurance company with its principal office in Zionsville, Indiana. Gainbridge Life is currently licensed and authorized to do business in 49 states (all states except New York), the District of Columbia, and Puerto Rico. Annuities contain limitations, early termination charges, and adjustments. All guarantees are based on the claims-paying ability and financial strength of the issuing insurance company.
Withdrawals above the free withdrawal amount may result in a surrender charge and/or a market value adjustment and excess withdrawals may result in a reduction of future payments under the guaranteed lifetime withdrawal benefit. If you are under the age 59 ½ a federal tax penalty may also apply to any withdrawal.
This communication is for informational purposes only. It is not intended to provide, and should not be interpreted as, individualized investment, legal, or tax advice. To obtain such advice, please consult with the appropriate professional.
Dec 11, 2024
Corporate
S&P Upgrades Delaware Life Insurance Company Financial Strength and Issuer Credit Rating to A- with Stable Outlook
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 cite...
Nov 15, 2024
Corporate
Employees Participate in Nasdaq Closing Bell
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...
Nov 7, 2024
Corporate
Group 1001 Welcomes Tony Marichal as Vice President of Annuity Operations
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 Lif...
Oct 31, 2024
Corporate
Group 1001 Leverages Apprenticeships to Attract Tech Talent
Group 1001 and Franklin Skills Partnership
One 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 i...
Oct 21, 2024
Corporate
Gainbridge® and RetireOne® Partner to Offer Innovative Annuity Products to Registered Investment Advisors
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 t...
Oct 7, 2024
Corporate
Group 1001 Announces Chief Risk Officer and Chief Internal Audit Officer Appointments
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...
Aug 16, 2024
Corporate
Delaware Life Accelerator Prime® Variable Annuity Named to Barron’s 2024 List of Top 100 Annuities for Fifth Consecutive Year
Delaware Life Insurance Company, a Group 1001 company, announces its inclusion in the annual Barron’s list of “Top 100 Best Annuities.” This is the fifth consecutive year that Barron's has ranked Delaware Life Insurance Company annuities in the top 100.
Delaware Life Accelerator Prime® Variable Annuity was recogni...
Jul 24, 2024
Corporate
Group 1001 Wins Business Insurance Community Outreach Project of the Year
Group 1001 has won the 2024 U.S. Insurance Award for Community Outreach Project of the Year – Pro Bono and Volunteer for 1001 Hours of Impact.
This award from Business Insurance recognizes a community outreach project in 2023 by an organization operating in the commercial insurance and risk management sector that invol...
Jul 11, 2024
Corporate
Delaware Life Insurance Company Recognized as a 2024 Ward’s Top 50® Life-Health Company
Delaware Life Insurance Company, a Group 1001 company, has been named a Ward’s 50® top-performing life-health company for 2024. This placement positions Delaware Life Insurance Company in the top 50 of more than 700 life-health insurance companies for outstanding financial results in the areas of safety, consistency, a...
Jun 25, 2024
Corporate
Group 1001 Names Martin Woll as Chief Operating Officer
Group 1001, a leading financial services company, announces Martin Woll as Chief Operating Officer of Group 1001 Life & Annuity. A member of the executive leadership team and reporting to Group 1001’s President and CEO, Woll will lead the operations team, including the client experience, facilities, and corporate r...
Jun 20, 2024
Corporate
Annuity Myths and Truths
By Dale Uthoff, Chief Product Officer, Group 1001 Life and Annuity
June is National Annuity Awareness Month. Annuities can offer flexibility both in how you save for and receive money in retirement. It comes down to knowing that there are different types of annuities, each designed to address a specific need or life sta...
May 21, 2024
Corporate
Delaware Life Announces Enhancements to Fixed Index Annuities, Bringing Innovation and Diversification Including the Invesco QQQ ETF
To give consumers a simple, tailored way to diversify returns and guarantee higher minimum growth, Delaware Life Insurance Company (Delaware Life), a Group 1001 company, announces the addition of two diversified, multi-strategy Precision Portfolios as part of the Growth Pathway fixed index annuity (FIA). As an addition...
Apr 15, 2024
Corporate
New Savings Program Offers Higher APY by Combining Market Returns with a Guaranteed Yield
Gainbridge®, a Group 1001 company, and Save®Advisers, LLC, a technology and wealth management company, announced the launch of Market+ to address the needs of savers who want market participation with a minimum guaranteed return.
Market+ offers a hybrid yield structure, featuring a 3% guaranteed annual yield (returned i...
Apr 11, 2024
Sponsorship
Corporate
DUPR and Delaware Life Team Up to Fuel Growth of Pickleball
Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company and a leader in annuity and life insurance products, and DUPR (Dynamic Universal Pickleball Rating), today announced a long-term partnership dedicated to driving growth and innovation in pickleball.
Under the agreement, Delaware Life is the exclusi...
Mar 25, 2024
Corporate
Delaware Life Insurance Company Launches Innovative Fixed Index Annuity with Premium Bonus: PrimeStart Bonus 10SM
WALTHAM, Mass., March 25, 2024 - Delaware Life Insurance Company ("Delaware Life") has launched an innovative, flexible-premium fixed index annuity featuring a premium bonus. PrimeStart Bonus 10SM offers an exclusive trifecta of features combining the power of a 10% premium bonus, interest crediting that’s ba...
Mar 11, 2024
Corporate
Group 1001 Names Boaknin as Chief Information Officer
Zionsville, Ind. (March 11, 2024) – Group 1001, a leading financial services company, announces Nick Boaknin as Chief Information Officer. Boaknin previously held the role of Technology Transformation Leader.
As Chief Information Officer, Boaknin will assist Group 1001’s Technology team in building and delivering high-...
Mar 7, 2024
Corporate
Sponsorship
Group 1001 Includes Women Employees’ Names on Race Cars in Honor of Women’s History Month
Group 1001, a leading financial services company, is off to the races to recognize and honor women employees and financial advisors during Women’s History Month in March.
To celebrate women working for Group 1001, more than 450 woman employees’ names will be included Sunday, March 10 on two Group 1001 company race cars...
Feb 27, 2024
Corporate
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...
Feb 8, 2024
Work Life
Corporate
Celebrating Black History Month
Every February, the United States honors the contributions, sacrifices, and achievements of Black Americans who have helped shape the nation. We’ve asked several Group 1001 employees how they celebrate Black History Month and what it means to them.
Black History Month originally started as National Negro History Week in...
