OneAmerica Financial Partners, Inc.
 | |
| Mutual company | |
| Industry | Financial Services, Insurance |
| Founded | 1877 |
| Headquarters | Indianapolis, Indiana, USA |
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 | OneAmerica |
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 OneAmerica Financial Partners, Inc. are American United Life Insurance Company, The 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 insurance, disability, long-term care, 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 in 1877 as a life insurance group by the Knights of Pythias, it became American Central Life Insurance Company in 1899.
1904 – American Central Life Insurance Company establishes its Reinsurance Division, which as of 2015 is the oldest life reinsurance company in the U.S.
1930 – Knights of Pythias separate insurance program, creating United Mutual Life Insurance Company Inc.
1936 – American Central and United Mutual merge to form American United Life Insurance Company (AUL)
1957 – American United Life Insurance Company starts posting puns and funny sayings on a signboard in downtown Indianapolis
1982 – OneAmerica moves into OneAmerica Tower, the tallest building in Indianapolis at that time
1994 – The State Life Insurance Company joins AUL
1998 – Pioneer Mutual Life Insurance Company joins AUL/State Life
2000 – AUL reorganizes to form American United Mutual Insurance Holding Company and OneAmerica Financial Partners, Inc.
2010 – OneAmerica purchases McCready and Keene, Inc.
2014 – OneAmerica purchases City National Bank's retirement services division
2015 – OneAmerica to purchase Bank of Montreal's BMO Retirement Services.
Company Leadership
President of American Central Life Insurance Company
| 1912–1936 | Herbert M. Woollen |
| 1905–1912 | Milton A. Woollen |
| 1904–1905 | Addison H. Nordyke |
| 1899–1904 | Elijah Martindale |
President of United Mutual Life Insurance Company
| 1933–1936 | George Bangs |
| 1930–1933 | Harry Wade |
President of AUL/OneAmerica
| 2013–current | J. Scott Davison |
| 2004–2013 | Dayton H. Molendorp |
| 1980–2004 | Jerry D. Semler |
| 1977–1979 | F. Leslie Bartlet |
| 1968–1977 | Jack E. Reich |
| 1962–1968 | Edward M. Karrmann |
| 1952–1961 | Clarence A. Jackson |
| 1948–1952 | Leslie E. Crouch |
| 1940–1947 | George Bangs |
| 1936–1940 | Herbert Woollen |
CEO of AUL/OneAmerica
| 2014–current | J. Scott Davison |
| 2004–2014 | Dayton H. Molendorp |
| 1989–2004 | Jerry D. Semler |
| 1968–1989 | Jack E. Reich |
Chairman of the Board, AUL/OneAmerica
| 2007–2014 | Dayton H. Molendorp |
| 1991–2007 | Jerry D. Semler |
| 1967–1991 | Jack E. Reich |
| 1957–1967 | Clarence A. Jackson |
| 1941–1947 | Leslie E. Crouch |
| 1936–1941 | Alva M. Lumpkin |
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.[2]
Miscellaneous
The OneAmerica Tower hosts Bop to the Top (originally called the AUL Stairclimb) each year since 1984. People climb 500 feet and 790 steps to raise money for charities.[3] 2012 Bop to the Top Stair Climb
OneAmerica is an investor in the downtown Indianapolis mall, Circle Centre.[4]
See also
- Financial services
- Mutual organization
- OneAmerica Tower
- Downtown Indianapolis
- Life insurance
- Long-term care insurance
- Disability insurance
- Annuity (US financial products)
- Mutual fund
- Group insurance
- Employee benefit
- OneAmerica 500 Festival Mini-Marathon
- Circle Centre
- Addison H. Nordyke
References
- 1 2 3 "OneAmerica 2016 Financial Records". 21 April 2017. p. 1.
- ↑ Inside Indiana Business
- ↑ Fox59
- ↑ IBJ