OneAmerica Financial Partners
OneAmerica Financial Partners, Inc. is a U.S. financial services mutual holding organization with corporate offices at the OneAmerica Tower in Indianapolis, Indiana.
 | |
| Type | Mutual company |
|---|---|
| Industry | Financial services, Insurance |
| Founded | 1877 |
| Headquarters | , United States |
Key people | J. Scott Davison, CEO |
| Products | Life 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) |
| Website | www |
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
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 sponsored the 500 Festival's OneAmerica 500 Festival Mini-Marathon and 5K race since 2004. The current sponsorship deal runs through the 2019 race. The race is the largest mini-marathon in the U.S.[5]
In 2015, OneAmerica signed a 4-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 show 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
- "OneAmerica 2016 Financial Records". 21 April 2017. p. 1.
- "OneAmerica to acquire McCready and Keene". ibj.com. Retrieved 2019-03-23.
- "OneAmerica to Acquire City National Bank's Retirement Services". Archived from the original on 2015-07-13. Retrieved 2015-07-09.
- King, Carolyn (June 26, 2015) BMO to Sell U.S. Retirement Services Business to OneAmerica - WSJ.com
- "Inside Indiana Business". Archived from the original on 2015-07-11. Retrieved 2015-07-09.
- "OneAmerica, Colts Join Forces with Radio Network Partnership". oneamerica.com. September 30, 2015. Retrieved 2019-03-23.
- "150 years later, A Christmas Carol still shares important and timely messages to audiences". WISH. 2018-12-17. Retrieved 2019-03-23.
- ""A Christmas Carol" returns for 28th year at IRT". WISH. 2018-12-12. Retrieved 2019-03-23.
- "32nd Annual "Bop to the Top" event brings in thousands for Riley". FOX59. 2015-01-17. Retrieved 2019-03-23.
- 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.