OneAmerica Financial Partners, Inc.
TypeMutual company
IndustryFinancial services, Insurance
Founded1877
Headquarters
Indianapolis, Indiana
,
United States
Key people
J. Scott Davison, CEO
ProductsLife insurance
Revenue$2.06 billion USD (2016) [1]
$117.8 million USD (2016) [1]
Total assets$74.1 billion USD (2016) [1]
Number of employees
1,900 (2015)
Websitewww.oneamerica.com

OneAmerica Financial Partners, Inc. is a U.S. financial services mutual holding organization with corporate offices at the OneAmerica Tower in Indianapolis, Indiana.

The operating companies of the holding organization are American United Life Insurance Company, State Life Insurance Company, OneAmerica Retirement Services LLC, McCready and Keene Inc., OneAmerica Securities, Inc., Pioneer Mutual Life Insurance Company, and AUL Reinsurance Management Services, LLC.

The operating companies offer individual life, disability, and long-term care insurance, and annuities. For businesses, they offer employee benefits, retirement plans, and group insurance. They operate throughout the United States except New York. OneAmerica Companies maintain "superior" financial ratings from A.M. Best and Standard and Poor's.

History

Started as a life insurance group in 1877 by the Knights of Pythias, it became American Central Life Insurance Company in 1899. In 1904, American Central Life Insurance Company established its Reinsurance Division, which as of 2015 is the oldest life reinsurance company in the U.S. In 1930, Knights of Pythias separated the insurance program, creating United Mutual Life Insurance Company Inc. Then, in 1936, American Central and United Mutual merged to form American United Life Insurance Company (AUL).

In 1957, American United Life Insurance Company started posting puns and funny sayings on a signboard in downtown Indianapolis. In 1982 OneAmerica moved into OneAmerica Tower, the tallest building in Indianapolis at that time. The State Life Insurance Company joined AUL in 1994, as did the Pioneer Mutual Life Insurance Company in 1998. In 2000, AUL reorganized to form American United Mutual Insurance Holding Company and OneAmerica Financial Partners, Inc.

In 2010, OneAmerica purchased McCready and Keene, Inc.[2] In 2014, OneAmerica purchased City National Bank's retirement services division.[3] In 2015, OneAmerica to purchased Bank of Montreal's BMO Retirement Services.[4]

Company leadership

OneAmerica Tower

President of American Central Life Insurance Company

  • 1899–1904 - Elijah Martindale
  • 1904–1905 - Addison H. Nordyke
  • 1905–1912 - Milton A. Woollen
  • 1912–1936 - Herbert M. Woollen

President of United Mutual Life Insurance Company

  • 1930–1933 - Harry Wade
  • 1933–1936 - George Bangs

President of AUL/OneAmerica

  • 1936–1940 - Herbert Woollen
  • 1940–1947 - George Bangs
  • 1948–1952 - Leslie E. Crouch
  • 1952–1961 - Clarence A. Jackson
  • 1962–1968 - Edward M. Karrmann
  • 1968–1977 - Jack E. Reich
  • 1977–1979 - F. Leslie Bartlet
  • 1980–2004 - Jerry D. Semler
  • 2004–2013 - Dayton H. Molendorp
  • 2013–current - J. Scott Davison

CEO of AUL/OneAmerica

  • 1968–1989 - Jack E. Reich
  • 1989–2004 - Jerry D. Semler
  • 2004–2014 - Dayton H. Molendorp
  • 2014–current - J. Scott Davison

Chairman of the Board, AUL/OneAmerica

  • 1936–1941 - Alva M. Lumpkin
  • 1941–1947 - Leslie E. Crouch
  • 1957–1967 - Clarence A. Jackson
  • 1967–1991 - Jack E. Reich
  • 1991–2007 - Jerry D. Semler
  • 2007–2017 - Dayton H. Molendorp
  • 2017–current - J. Scott Davison

Sponsorships

OneAmerica has served as the 500 Festival Mini-Marathon's title sponsor since 2004; the sponsorship is set to expire in 2024.[5] In 2015, OneAmerica signed a four-year naming-rights partnership to become the title sponsor of Indianapolis Colts gameday radio broadcasts.[6] OneAmerica sponsored the mainstage at the Indiana Repertory Theatre for the 2017–18 season.[7][8]

Miscellaneous

The OneAmerica Tower had hosted Bop to the Top (originally called the AUL Stairclimb) each year since 1984. People climb 500 feet (150 m) and 790 steps to raise money for charities.[9]

OneAmerica is an investor in the downtown Indianapolis mall, Circle Centre.[10]

See also

References

  1. 1 2 3 "OneAmerica 2016 Financial Records". 21 April 2017. p. 1.
  2. ↑ "OneAmerica to acquire McCready and Keene". ibj.com. Retrieved 2019-03-23.
  3. ↑ "OneAmerica to Acquire City National Bank's Retirement Services". Archived from the original on 2015-07-13. Retrieved 2015-07-09.
  4. ↑ King, Carolyn (June 26, 2015) BMO to Sell U.S. Retirement Services Business to OneAmerica - WSJ.com
  5. ↑ Orr, Susan (January 11, 2024). "500 Festival's Mini-Marathon is losing OneAmerica as title sponsor". Indianapolis Business Journal. IBJ Media. Retrieved January 16, 2024.
  6. ↑ "OneAmerica, Colts Join Forces with Radio Network Partnership". oneamerica.com. September 30, 2015. Retrieved March 23, 2019.
  7. ↑ "150 years later, A Christmas Carol still shares important and timely messages to audiences". WISH-TV. December 17, 2018. Retrieved January 16, 2024.
  8. ↑ ""A Christmas Carol" returns for 28th year at IRT". WISH-TV. December 12, 2018. Retrieved January 16, 2024.
  9. ↑ "32nd Annual "Bop to the Top" event brings in thousands for Riley". FOX59. 2015-01-17. Retrieved 2019-03-23.
  10. ↑ Olson, Scott (February 14, 2015). "As Circle Centre turns 20, declining performance, anchor woes spur worry". IBJ.com. Archived from the original on January 28, 2017. Retrieved 2019-03-23.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.