OneAmerica Financial Partners explained

OneAmerica Financial
Type:Mutual organization
Industry:Financial services, Insurance
Location City:Indianapolis, Indiana
Location Country:United States
Key People:J. Scott Davison, CEO
Products:Life insurance
Revenue:$2.06 billion USD (2016) [1]
Net Income:$117.8 million USD (2016)
Assets:$74.1 billion USD (2016)
Num Employees:2,500[2]
Num Employees Year:2024
Divisions:American United Life Insurance CompanyState Life Insurance CompanyOneAmerica Retirement Services, LLCMcCready and Keene, Inc.OneAmerica Securities, Inc.Pioneer Mutual Life Insurance CompanyOneAmerica Asset Management, LLCAUL Reinsurance Management Services, LLC

OneAmerica Financial Partners, Inc., doing business as OneAmerica Financial,[2] is an American financial services mutual holding organization with corporate offices at the OneAmerica Tower in Indianapolis, Indiana, U.S.

Its eight 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 in 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, a tradition that has continued to the present.[2]

In 1982, AUL moved into the AUL Tower, the tallest building completed in Indianapolis at the time. A longtime supporter of downtown Indianapolis redevelopment, OneAmerica was an investor in Circle Centre Mall.[3]

In 1994, the State Life Insurance Company joined AUL, 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.[4] In 2014, OneAmerica purchased City National Bank's retirement services division.[5]

In 2015, OneAmerica purchased Bank of Montreal's BMO Retirement Services.[6]

In 2024, OneAmerica announced a "brand refresh", including an updated logo and the company's first national advertising campaign doing business as OneAmerica Financial.[2]

Company leadership

President of American Central Life Insurance Company

President of United Mutual Life Insurance Company

President of AUL/OneAmerica

CEO of AUL/OneAmerica

Chairman of the Board, AUL/OneAmerica

Sponsorships

OneAmerica Financial has served as the 500 Festival Mini-Marathon's title sponsor since 2004; the sponsorship is set to expire in 2024.[7] In 2015, the company signed a four-year naming-rights partnership to become the title sponsor of Indianapolis Colts gameday radio broadcasts.[8] OneAmerica Financial sponsored the mainstage at the Indiana Repertory Theatre for the 2017–18 season.[9] [10]

See also

Notes and References

  1. Web site: OneAmerica 2016 Financial Records. 1. 21 April 2017.
  2. Web site: Orr . Susan . With rebranding, Indy's largest private company launching first-ever ad campaign . January 29, 2024 . Indianapolis Business Journal . January 30, 2024.
  3. Web site: As Circle Centre turns 20, declining performance, anchor woes spur worry . Olson . Scott . February 14, 2015 . IBJ.com . https://web.archive.org/web/20170128160517/http://www.ibj.com/articles/51790-as-circle-centre-turns-20-declining-performance-anchor-woes-spur-worry . January 28, 2017 . live. 2019-03-23.
  4. Web site: OneAmerica to acquire McCready and Keene. ibj.com. en. 2019-03-23.
  5. Web site: OneAmerica to Acquire City National Bank's Retirement Services . 2015-07-09 . https://web.archive.org/web/20150713162128/http://www.planadviser.com/oneamerica-to-acquire-city-national-bank-s-retirement-services/ . 2015-07-13 . dead .
  6. King, Carolyn (June 26, 2015) BMO to Sell U.S. Retirement Services Business to OneAmerica - WSJ.com
  7. News: Susan . Orr . January 11, 2024 . 500 Festival's Mini-Marathon is losing OneAmerica as title sponsor . Indianapolis Business Journal . IBJ Media . January 16, 2024.
  8. Web site: OneAmerica, Colts Join Forces with Radio Network Partnership . September 30, 2015 . oneamerica.com . March 23, 2019.
  9. Web site: 150 years later, A Christmas Carol still shares important and timely messages to audiences . December 17, 2018 . WISH-TV . en-US . January 16, 2024.
  10. Web site: "A Christmas Carol" returns for 28th year at IRT . December 12, 2018 . WISH-TV . en-US . January 16, 2024.