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Regional Employment Push Fueled by Strong Growth, Resonating Message
Indianapolis June 28, 2018
OneAmerica® boosting sales, service force in response to rising book of business
Buoyed by a boost in its book of business as the industry responds favorably to affordable voluntary products, OneAmerica® is expanding its sales and service team nationally, with a focus on Chicago, Texas and Florida. “We’ve come up with a remedy to middle class workers’ paycheck protection problem and the offering, backed by our strong sales support, is resonating with employers and brokers,” said Steven Lynch, vice president, sales and service, employee benefits for OneAmerica. “We spent more...
OneAmerica and Hannover Re US Announce Life/LTC Benefits Combination Product Reinsurance Agreement
Indianapolis and Orlando, Fla. June 27, 2018
OneAmerica® and Hannover Life Reassurance Company of America (Hannover Re US), member of the Hannover Re Group, a leading global reinsurer, have entered into a reinsurance agreement related to the Asset Care long-term care (LTC) protection business written by The State Life Insurance Company®, a OneAmerica company. Asset Care is a combination whole life insurance product that features guaranteed death benefits with cash values, while providing long-term care (LTC) benefits through acceleration more...
OneAmerica® Names Executives to Lead Key Business Lines
Indianapolis June 26, 2018
Martin to head Individual Life & Financial Services; McCarthy to head Retirement Services
OneAmerica today announced the appointment of new executives to lead key lines of business for the Indianapolis-based financial services company. Dennis Martin (left) was named president of Individual Life and Financial Services (ILFS) and Sandy McCarthy (right) was appointed president of Retirement Services. Martin has served in the acting ILFS role since January of this year, while McCarthy is new to the OneAmerica team. “As OneAmerica continues significant growth, it’s essential to find more...
Participant-Focused RTI Surgical Earns Prestigious Signature Award
Indianapolis June 22, 2018
Plan Sponsor Council of America recognition is latest for client-focused OneAmerica®
Florida-based RTI Surgical, a publicly traded global surgical implant maker, was nationally honored for implementing an educational retirement plan which boosted participation by its employees. RTI earned a First Place Signature Award in the ‘Increasing Participation/Small Company’ category from the Plan Sponsor Council of America (PSCA) at their 71st Annual National Conference. PSCA, which provides resources to help Fortune 500 and small businesses with their 401(k), 403(b) and profit sharing more...
OneAmerica Summer Interns Participate in Community Service Day
Indianapolis June 14, 2018
Boys & Girls Club of Indianapolis hosts engaged volunteers
A OneAmerica® tradition of involving its newest employees in community service continued today as 29 summer interns volunteered at the Lilly Boys & Girls Club, 801 S. State Ave., Indianapolis. Interns invested their time with a variety of hands-on work, including landscaping, interacting with the children and assisting with arts and craft activities. OneAmerica encourages interns to participate in a community service project as part of its corporate commitment to making a lasting impact on the more...
OneAmerica® Adds New Limited-Pay Whole Life Insurance Product
Indianapolis May 31, 2018
New product includes rider to prevent unintentional lapse
OneAmerica® has launched a new whole life insurance product that provides an opportunity to help the insured build strong cash values for their long-term goals, while also providing protection against unintentional policy lapse. The new Whole Life Select offers a Loan Interest Rate Limitation Rider, one of the industry’s only provisions to help prevent unintentional lapse of the policy due to loans and loan interest on the policy. Whole Life Select also has five premium-payment options more...
OneAmerica Responds to Industry Desire for Guaranteed Income
Indianapolis May 10, 2018
OnePension plan design brings innovative options to retirement plan sponsors
OneAmerica® today unveiled an innovative type of profit-sharing retirement plan design that leverages its company legacy by allowing participants to annuitize their account balance when they retire, providing them with the option of guaranteed income for life. Known as OnePension, this plan design helps satisfy the industry demand for guaranteed lifetime income. It’s an innovative option that removes the administrative hassles, costs, and inflexibility associated with a traditional defined more...
2017 Financials Set Record Highs for OneAmerica®
Indianapolis April 24, 2018
Strong capital position combined with robust sales in all divisions to drive growth
OneAmerica® today announced that 2017 was another record-breaking year of growth, marked by all-time highs in revenues, assets under administration and sales. “In 2017, we delivered $5.8 billion in promises paid to customers as we maintained our extraordinary financial strength, which will allow us to meet countless future commitments,” said Scott Davison, OneAmerica chairman, president and CEO. “And we’ve taken our service and capabilities to the next level, investing millions of dollars in more...
OneAmerica Speed-to-Market Solutions Fill a Large Need for Small Businesses
Indianapolis March 26, 2018
Demand to fill disability, group life gap for groups with two to 99 employees illustrates opportunity for brokers
Buoyed by the tremendous response to a unique, hassle-free implementation of group disability and life insurance coverage, OneAmerica® is expanding awareness of its Small Business Solutions (SBS) for groups with two to 99 employees. SBS is available in a variety of options as either voluntary (through payroll deduction), or as an employer-funded benefit. For brokers, SBS capitalizes on an often overlooked need in the market, delivering ease of service for small businesses with limited more...
OneAmerica Recognized as 2017 DC Survey Standout
Indianapolis March 19, 2018
Pension Risk Transfer growth second-highest among competitors
Results from the PLANSPONSOR magazine 2017 Annual Defined Contribution (DC) Survey, announced today, showcase the strength of OneAmerica® as a recordkeeper in multiple asset markets. OneAmerica received 46 Best in Class Awards in a competition that recognizes high levels of service, as rated by plan sponsors in the retirement services industry. OneAmerica was listed as a DC Survey Standout in two of the six asset–based markets, receiving 'Gold' (first place) in the 'Small B' market (>$25MM - more...