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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.
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| Company type | Mutual organization |
|---|---|
| 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 | 2,500[2] (2024) |
| Divisions | 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 · OneAmerica Asset Management, LLC · AUL Reinsurance Management Services, LLC |
| Website | oneamerica |
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
editStarted 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).[citation needed]
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.[citation needed]
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
editPresident of American Central Life Insurance Company
edit- 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
edit- 1930–1933 - Harry Wade
- 1933–1936 - George Bangs
President of AUL/OneAmerica
edit- 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
edit- 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
edit- 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
editOneAmerica 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
editReferences
edit- ^ a b c "OneAmerica 2016 Financial Records". 21 April 2017. p. 1.
- ^ a b c d Orr, Susan (January 29, 2024). "With rebranding, Indy's largest private company launching first-ever ad campaign". Indianapolis Business Journal. Retrieved January 30, 2024.
- ^ 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.
- ^ "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
- ^ Orr, Susan (January 11, 2024). "500 Festival's Mini-Marathon is losing OneAmerica as title sponsor". Indianapolis Business Journal. IBJ Media. Retrieved January 16, 2024.
- ^ "OneAmerica, Colts Join Forces with Radio Network Partnership". oneamerica.com. September 30, 2015. Retrieved March 23, 2019.
- ^ "150 years later, A Christmas Carol still shares important and timely messages to audiences". WISH-TV. December 17, 2018. Retrieved January 16, 2024.
- ^ ""A Christmas Carol" returns for 28th year at IRT". WISH-TV. December 12, 2018. Retrieved January 16, 2024.
