Oct 21, 2024
Corporate
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 to understand, and delivered with outstanding service. RIAs now have platform access to two of Gainbridge®’s high-yield multi-year guaranteed annuity (MYGA) products – FastBreak™1 and SteadyPace™2,3.
With this partnership, RetireOne is the first outsourced insurance desk with a non-tax deferred annuity product (FastBreak™) among their offerings to clients.
"Partnering with RetireOne aligns with our mission to empower advisors with products that offer both innovation and value," said Gainbridge® President Justin Wee. "The annuity products issued through Gainbridge Life can help provide advisors with the tools they need to help their clients achieve financial security and growth."
FastBreak™ and SteadyPace™ feature fixed rates as high as 5.50% APY4, enabling advisors to enhance their clients’ portfolios with reliable, high-return options.
FastBreak™: As the industry’s first non-tax deferred annuity product, FastBreak™ allows clients to withdraw funds prior to retirement without the early withdrawal tax penalty associated with traditional MYGAs. This product appeals to a broader range of consumers. FastBreak™ offers a yield 3.8 times higher than the average certificate of deposit (CD)5 while maintaining the fixed rates and principal protection that MYGAs are known for.6
SteadyPace™: SteadyPace™ offers the benefits of a traditional MYGA, including tax deferral and principal protection, making it a secure addition to any retirement portfolio. With this product, RetireOne can offer their clients higher yields than previously available.
"Gainbridge Life offers multi-year guaranteed annuity products that are a game-changer for our advisor network,” said RetireOne President, Jeff Cusack. "With SteadyPace™ and FastBreak™, our clients can access some of the highest yields in the industry, coupled with the security and principal protection they expect."
For more information, visit www.retireone.com.
About Gainbridge®
Gainbridge®, through its affiliate, Group 1001 Insurance Marketing, LLC, provides an experience you can count on, with a team of industry experts focused on building the next generation of financial services, with products issued through Gainbridge Life Insurance Company (“Gainbridge Life”), a Group 1001 company, a highly trusted insurance carrier and is rated A-(Excellent) by AM Best.7 It offers simple, intuitive financial products with no hidden fees. For more information, visit https://www.enterprise.gainbridge.io.
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 June 30, 2024, Group 1001 had more than 1,400 employees and combined assets under management of approximately $65.2 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 Annuity Company, and RVI Group, among others.
About RetireOne®
Serving over 1,200 RIAs and fee-based advisors since 2011, RetireOne is one of the leading, independent platforms for fee-based insurance solutions. With offerings from multiple “A” rated companies, RIAs may access this fiduciary marketplace at no additional cost to them or their clients. Currently servicing over $1.8 billion of retirement savings and income investments, RetireOne continues to grow in its mission to provide advisors and their clients’ valuable retirement solutions that are simple to use, easy to understand, and delivered with outstanding service. Learn more at RetireOne.com.
1 Because FastBreak™ earnings are not tax-deferred, you will not pay a tax penalty to withdraw interest before age 59½. It's important to note that should you make withdrawals from or surrender your contract prior to the end of your selected investment term, we will apply a Withdrawal Charge and a Market Value Adjustment for the amount of the withdrawal or surrender that exceeds the 10% annual Free Withdrawal Amount. However; you will not be subject to a 10% tax penalty on interest withdrawn if you are under age 59½.
2 SteadyPace™ is a mid-to long-term investment vehicle. It is not intended to replace emergency funds, to be used as income for day-to-day expenses, or to fund short-term savings goals. Gainbridge Life annuities have limitations, exclusions, charges, termination provisions, and terms for keeping them in force.
3 The FastBreak™ multi-year guaranteed annuity product with form number ICC23-D-NTDMYGA-BASE, and SteadyPace™ multi-year guarantee annuity product with form number ICC22-D-MYGA-BASE, or variations of such, are issued by Gainbridge Life Insurance Company, a Delaware-domiciled insurance company with its principal office in Zionsville, Indiana. For more information about FastBreak™ and SteadyPace™, please review the FastBreak™ Product Summary and SteadyPace™ Product Summary, which are each available from your financial representative.
4 Annual Percentage Yield (APY) Rates subject to change. Current rates as of September 23, 2024. Please visit gainbridge.io for current rates, product disclosures, and other important information.
5 Source: Bankrate.com, national average of 5-year CD, week of October 7, 2024.
6 Customers may take up to a 10% free withdrawal amount in any contract year without paying a surrender charge or market value adjustment. Refer to the product summary for full details as withdrawals will reduce the contract value and future earned interest. FastBreak™ does not offer tax deferral, instead the customer is taxed annually on interest earned. Unlike a typical annuity. FastBreak™ does not offer tax-deferral; instead you are taxed annually on interest earned.
7 Annuities issued by Gainbridge Life Insurance Company (Zionsville, Indiana). Gainbridge Life is not affiliated with RetireOne. Products and/or features may not be available in all states. Please read the product summary for full details on taxes and withdrawals penalties and surrender charges, amongst other things. Guarantees based on the financial strength and claims paying ability of the issuing insurance company. A.M. Best Company assigns ratings from A++ to S based on a company’s financial strength and ability to meet obligations to contract holders. A- (Excellent) is the 4th highest of 16 ratings. For more information about the rating, visit www.ambest.com.
Apr 22, 2025
Sponsorship
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Apr 8, 2025
Sponsorship
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Apr 6, 2025
Corporate
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Corporate
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Corporate
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Corporate
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Corporate
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Corporate
Get to know some of the leaders at Group 1001. Meet Joshua Nissley, Vice President, Financial Planning and Business Intelligence.As Vice President, Financial Planning and Business Intelligence, Joshua leads Financial Planning and Analysis for Group 1001’s Life & Annuity business and reports to the CFO. His team's responsibilities include preparing the annual business plan and monthly management reporting of financials and KPIs. Joshua has an undergraduate degree in Mathematics from Cedar...
Mar 18, 2025
Corporate
Get to know some of the leaders at Group 1001. Meet Daniel Getler, Vice President, Index and Fund Solutions.As Vice President, Index and Fund Solutions, Daniel leads initiatives related to the indexes and funds that underlie our annuity offerings. He has over 15 years of experience in investments, specializing in quantitative investing across active and passive strategies. Before joining Group 1001, he worked on custom index design at Invesco, led quantitative research on ESG investing at Arabes...
Mar 3, 2025
Work Life
Group 1001 proudly celebrates Women’s History Month, recognizing women's invaluable contributions throughout American history. For the second year in a row, we kicked off Women’s History Month at the racetrack. We featured 800+ women employee names on the NTT IndyCar Series No. 26 Gainbridge® Honda driven by Colton Herta of Andretti Global and the NASCAR Cup Series No. 7 car driven by Justin Haley of Spire Motorsports. Also, the names of a select group of women in financial services with Del...
Feb 6, 2025
Work Life
Black History Month is an annual celebration of African Americans' achievements and a time to recognize their central role in U.S. history. At Group 1001, we foster a culture where diversity is actively sought and inclusion is embedded in our work. Hear from our employees about what Black History Month means to them:"Black History Month is a time to reflect and pay homage to all the great men and women who fought and died in the pursuit of freedom from slavery, colonization, racism, and...
Jan 14, 2025
Corporate
Delaware Life Insurance Company, a Group 1001 company, announces three new innovative fixed index annuities (FIAs) – Momentum Growth™, Momentum Growth Plus™, and DualTrack Income™. These FIAs offer investors all the features and benefits of a traditional FIA with the flexibility to control and customize their risk while helping capitalize on positive equity markets to help them reach their retirement goals faster. They are available exclusively through Independent Marketing Organizations (IMOs)....
Dec 11, 2024
Corporate
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 cited by S&P, including the company’s strong capital, diversified distribution channels and wholesaler distribution model, as well as its strong operating performance. Please refer...
Nov 18, 2024
Sponsorship
The final Parity Week by Gainbridge® grant for 2024 was announced Tuesday, November 12 at The ANNIKA driven by Gainbridge at Pelican. Group 1001 President and CEO Dan Towriss presented Gainbridge® ambassador Caitlin Clark with the 22nd grant for $22,000 to the Caitlin Clark Foundation. “Aligning with Caitlin’s foundation is a way to make a positive impact and create a better tomorrow for women and girls in sports and education,” said Towriss. “Caitlin is not only a leader for young girls compet...
Nov 15, 2024
Corporate
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 savings here.
Nov 7, 2024
Corporate
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 Life and Annuity Company. He is responsible for creating efficiencies across operations, building effective training and development plans, and ensuring the customer experience is a d...
Oct 31, 2024
Corporate
Group 1001 and Franklin Skills PartnershipOne 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 instruction that aligns directly with their jobs. Working with Franklin Skills, Group 1001 tailored the program to address the unique needs of both the company and the apprentices. ...
Oct 7, 2024
Corporate
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 business unit for the past several months. He consistently demonstrates exceptional leadership and a deep understanding of our risk management process. In his new role, he will ov...
Sep 5, 2024
Community
On June 11, 2024, we launched our second annual 1001 Hours of Impact with a wall build for Habitat for Humanity of Boone County. Since then, more than 350 employees in 12 states and 19 cities volunteered their time and talents. In less than 12 weeks, we surpassed our goal of 1,001 hours and secured 1,600+ volunteer hours.From packing and distributing 270 backpacks, to rebuilding a gym for 1,460 high school and middle school students, helping distribute 34,342 meals, building 130 bikes, caring fo...
Sep 4, 2024
Sponsorship
Gainbridge®, Parity, and the Women’s Sports Foundation (WSF®) announce the recipients of grants for “Parity Week by Gainbridge®:Investing in the Future of Women’s Sports.” This year, $150,000 in grants is being awarded to 21 deserving organizations and athletes that support girls and women through sports and/or education.Gainbridge®, a Group 1001 company, and its sister company Parity, a brand sponsorship platform committed to closing the gender income and opportunity gap in professional sports,...
Aug 16, 2024
Corporate
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Aug 15, 2024
Work Life
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Aug 2, 2024
Community
Group 1001 employees are making an impact in their communities through volunteering. Outside of our corporate volunteer program, 1001 Hours of Impact, many have dedicated their time, energy, and passion to causes close to their hearts. Here are a few ways Group 1001 employees are creating a better tomorrow.Pato Moschcovich, Lead Backend Developer ENGin connects English-speaking volunteers with motivated Ukrainians for online speaking practice and cross-cultural exchange. Pato started volunteerin...
Jul 24, 2024
Corporate
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Jul 11, 2024
Corporate
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, and performance over a five-year period.Each Ward’s 50 company has passed all safety and consistency screens and achieved superior performance over the course of five years. Top per...
Jun 25, 2024
Corporate
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 real estate.“We are excited to welcome Martin to Group 1001,” said Dan Towriss, Group 1001 President and CEO. “Martin brings a wealth of knowledge across operations and proven leade...
Jun 20, 2024
Corporate
By Dale Uthoff, Chief Product Officer, Group 1001 Life and AnnuityAnnuities 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 stage. According to LIMRA, U.S. annuity sales were $113.5 billion during the first quarter of 2024, 21% higher than the first quarter of 2023. Yet I often hear from people who are confused by annuities or overwhelmed by the m...
Jun 19, 2024
Work Life
Sponsorship
Community
On June 11, Group 1001 kicked off its summer corporate volunteer program, 1001 Hours of Impact, with a wall build with Habitat for Humanity of Boone County. The aim of 1001 Hours of Impact is for employees across all offices and locations to collectively secure 1,001+ volunteer hours from June through August. True to Group 1001’s commitment to transforming communities through education and sports, Indiana Fever’s Caitlin Clark – brand ambassador for Gainbridge®, a Group 1001 company – and Indian...
May 21, 2024
Corporate
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 additional enhancement, Growth Pathway is now the only FIA to offer the Invesco QQQ ETF. Clients can choose from two diversified Precision Portfolio options – one without volatility contro...
May 9, 2024
Sponsorship
As part of this year’s “Parity Week by Gainbridge®: Investing in the Future of Women’s Sports,” Gainbridge®announces grants totaling $150,000 to deserving organizations that support girls and women through sports and/or education from Gainbridge®, Parity, and Women’s Sports Foundation®.Gainbridge®, a Group 1001 company, is partnering with its sister company Parity, a brand sponsorship platform committed to closing the gender income and opportunity gap in professional sports, to award multiple gr...
May 8, 2024
Work Life
May is Military Appreciation Month. This month, Group 1001 recognizes and honors those who have served, including our own employees.Chris Kennedy, Chief Information Security OfficerWhat branch did you serve in and for how long? United States Marine Corps, 1997-2004Can you share a little about your service and role?My military career was unique, especially for the Marine Corps. I started as an NROTC Midshipman at Vanderbilt University in Nashville, TN. My exposure there showed me optionality in N...
May 1, 2024
Sponsorship
Community
There’s nothing like May in Indiana. Every year, Americans count down the days until the Indianapolis 500® – the largest single-day spectator sporting event in the world – returns to the track. May is also an exciting month for Group 1001 and its employees, as Gainbridge®, a Group 1001 company, is the presenting sponsor of the Indy 500®. With the parallels between racing and our business – a commitment to success, innovation, technology, and making every second count – Group 1001 celebrates May ...