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OneAmerica® Names New Chief Actuary
Indianapolis June 2, 2020
Industry Vet Bischof joins as SVP
OneAmerica® today announced the hiring of Tim Bischof as senior vice president and chief actuary. Bischof, a 25-year industry veteran, will begin his role on June 15. As chief actuary, Bischof will oversee valuation, modeling, reinsurance and actuarial reporting, as well as provide pricing and experience oversight. Bischof will also partner to further develop the OneAmerica actuarial community. “Tim brings a significant track record of success and superb life industry experience to augment more...
OneAmerica® Ups Ante on Education Amidst COVID-19 Pandemic
Indianapolis May 14, 2020
Company going beyond traditional retirement plan guidance by providing holistic education
Having earned a reputation in the retirement industry for its award-winning, client-focused approach, OneAmerica® has upped the ante in this climate of uncertainty to deliver on one of its key differentiators ─ education. Through a holistic approach that surpasses traditional plan guidance, OneAmerica is delivering key resources and assistance to retirement plan sponsors and participants. “We recognize that these times are unprecedented, and our clients and participants are dealing with new more...
OneAmerica® Adds to Robust Training Program for Retirement Plan Sponsors
Indianapolis April 23, 2020
TPSU video courses a complement to existing fiduciary toolkit
OneAmerica® today announced its latest educational resource for retirement plan sponsors, offered in collaboration with The Plan Sponsor University (TPSU), a nationally respected fiduciary education leader. The new, on-demand video-based training, OneAmerica Plan Sponsor Fiduciary Education, powered by TPSU, is intended for retirement plan committee members and covers topics such as plan design, fiduciary requirements, best practices for retirement plans and more. “Education has always been more...
OneAmerica® To Waive Hardship Fees in Response to CARES Act
Indianapolis April 7, 2020
Decision, which goes into effect today, impacts hardship and COVID distributions
In an effort to show support to its retirement plan participants during this unprecedented crisis, OneAmerica® today announced it is immediately waiving fees for all hardship withdrawals, including those distributions related to COVID-19. The decision, announced by Sandy McCarthy, president of retirement services at OneAmerica, eliminates administrative fees for hardship and COVID-19 related distributions effective April 7, 2020 through December 31, 2020. “At OneAmerica, we recognize that more...
Partnership to Expand Meal Service During Increased Time of Need
Indianapolis March 20, 2020
OneAmerica Tower to serve as hub for Sahm’s, Second Helpings collaboration
Hunger relief agency Second Helpings and central Indiana restauranteur Sahm’s will convert a large kitchen area and cafeteria inside OneAmerica Tower into a meal-preparation service beginning today, providing 1,110 eat-at-home meals for low-income senior citizens and families as a new community response to COVID-19. The collaboration provides a satellite kitchen location for Second Helpings to use Sahm’s associates to supplement its primary hub at 1121 Southeastern Ave., less than two miles more...
Sixth Annual ASPIRE Awards Honor Ten OneAmerica® Employees
Indianapolis February 21, 2020
Ten employees have been recognized by OneAmerica® as ASPIRE honorees as a result of their outstanding performance on behalf of the life insurance, retirement and employee benefits organization. The employees were honored at the company’s sixth annual ASPIRE awards banquet on Feb. 19. The ASPIRE principles — Achievement, Stewardship, Partnership, Integrity, Responsiveness and Excellence — guide more than 2,200 OneAmerica associates in all work endeavors. This year, 203 individuals were more...
OneAmerica® Recognized for Service in PLANSPONSOR Best in Class Awards
Indianapolis February 3, 2020
Company honored for second consecutive year in all four markets where it serves clients
Results from the PLANSPONSOR magazine 2019 Annual Defined Contribution (DC) Survey again showcase the strength of OneAmerica® as a service-focused recordkeeper in the primary markets in which the company serves retirement plan clients. For the second consecutive year, OneAmerica received Best in Class awards by the national industry trade magazine in all possible sponsor service/support categories, for each of the four asset markets in which the company qualified. A Best in Class award, also more...
OneAmerica® Unveils New Web Design for Retirement Services Audience
Indianapolis January 17, 2020
Changes impact design of retirement services-focused Sponsor, Advisor, and TPA eSites
OneAmerica® today launched a new design for its group annuity digital platforms, used to administer company retirement plans. This change was made to meet the ever-evolving needs of retirement plan sponsors, advisors and third-party administrators. Clients routinely give feedback about site functionality, and plan sponsor surveys conducted in 2019 provided insight into the desire for a refreshed site design. The new look provides an attractive and engaging experience, streamlining page more...
New Roles and a New Member for the OneAmerica® Board of Directors
Indianapolis January 9, 2020
Melangton Appointed Lead Director, Industry Expert Schoon Joins Market Leader
OneAmerica® today announced new leadership roles on its board of directors and the addition of a new board member, as the Indianapolis-based insurance and financial services company continues to demonstrate industry-leading growth and financial strength. The new leadership roles were effective January 1. Allison Melangton (pictured, right) has stepped into the Lead Independent Director role, working closely with J. Scott Davison, chairman, president and CEO of OneAmerica. Melangton joined the more...
Survey: Role of Sales Representatives Growing in Relevance to Brokers
Indianapolis December 31, 2019
LIMRA-OneAmerica findings reveal five-year climb in value of relationships
The relationship between an insurance carrier’s sales representative and an employee benefits broker continues to gain more importance and relevance, according to a recently completed industry survey commissioned on behalf of OneAmerica®. The data comes from the survey OneAmerica Worksite Producer: 2019, a custom research project conducted by LIMRA. “Sales representative relationship” tied for third out of 18 possible attributes available for brokers to select. While the top two attributes more...