OneAmerica Financial Partners, Inc.

OneAmerica Financial Partners, Inc.
Mutual company
Industry Financial Services, Insurance
Founded 1877
Headquarters Indianapolis, Indiana, 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.oneamerica.com

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, 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 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.[2]

2014 – OneAmerica purchases City National Bank's retirement services division.</ref>http://www.planadviser.com/oneamerica-to-acquire-city-national-bank-s-retirement-services/</ref>

2015 – OneAmerica to purchase Bank of Montreal's BMO Retirement Services].[3]

Company leadership

OneAmerica Tower

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.[4]

In 2015, OneAmerica signed a 4-year naming-rights partnership to become the title sponsor of Indianapolis Colts gameday radio broadcasts.[5]

OneAmerica sponsored the mainstage at the Indiana Repertory Theatre for the 2017-2018 show season.

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.[6]

OneAmerica is an investor in the downtown Indianapolis mall, Circle Centre.[7]

See also

References

  1. 1 2 3 "OneAmerica 2016 Financial Records". 21 April 2017. p. 1.
  2. ↑ "OneAmerica to acquire McCready and Keene".
  3. ↑ "Today's Stock Market News and Analysis from Nasdaq.com". NASDAQ.com.
  4. ↑ "Inside Indiana Business".
  5. ↑ "OneAmerica, Colts Join Forces with Radio Network Partnership".
  6. ↑ "32nd Annual "Bop to the Top" event brings in thousands for Riley". 17 January 2015.
  7. ↑ "As Circle Centre turns 20, declining performance, anchor woes spur worry".
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