OneAmerica Financial Partners, Inc.

Last updated
OneAmerica Financial Partners, Inc.
Mutual company
Industry Financial Services, Insurance
Founded1877
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.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.

Financial services economic service provided by the finance industry

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises. Financial services companies are present in all economically developed geographic locations and tend to cluster in local, national, regional and international financial centers such as London, New York City, and Tokyo.

OneAmerica Tower High-rise office building in Indianapolis, IN, US

The OneAmerica Tower is a 38-story building at 200 North Illinois Street in downtown Indianapolis, Indiana. It is used by various companies for offices. The building opened in 1982 and is faced with Indiana limestone. From 1982 to 1990, the OneAmerica Tower was the tallest building in the state of Indiana. The OneAmerica Tower is currently the second-tallest building in Indianapolis, behind Salesforce Tower, as well as, the second-tallest in Indiana.

Contents

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.

Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits.

Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary's earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work. For example, the worker may suffer from an inability to maintain composure in the case of psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. It encompasses paid sick leave, short-term disability benefits (STD), and long-term disability benefits (LTD). Statistics show that in the US a disabling accident occurs, on average, once every second. In fact, nearly 18.5% of Americans are currently living with a disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.

Long-term care insurance is an insurance product, sold in the United States, United Kingdom and Canada that helps pay for the costs associated with long-term care. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid.

History

Knights of Pythias fraternal service organization

The Knights of Pythias is a fraternal organization and secret society founded in Washington, D.C., on 19 February 1864. The Knights of Pythias is the first fraternal organization to receive a charter under an act of the United States Congress. It was founded by Justus H. Rathbone, who had been inspired by a play by the Irish poet John Banim about the legend of Damon and Pythias. This legend illustrates the ideals of loyalty, honor, and friendship that are the center of the order.

Company leadership

OneAmerica Tower OneAmericaTower.jpg
OneAmerica Tower

President of American Central Life Insurance Company

Addison H. Nordyke was an industrialist and manufacturer from Richmond, Indiana, United States.

President of United Mutual Life Insurance Company

President of AUL/OneAmerica

CEO of AUL/OneAmerica

Chairman of the Board, AUL/OneAmerica

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] [ dead link ]

OneAmerica 500 Festival Mini-Marathon mini-marathon

The OneAmerica 500 Festival Mini-Marathon, which takes place in Indianapolis, Indiana, is the largest half marathon in the United States, and the seventh-largest running event in America. As of the 37th running in 2013, it had sold out the entire running field of 35,000 for twelve consecutive years.

In 2015, OneAmerica signed a 4-year naming-rights partnership to become the title sponsor of Indianapolis Colts gameday radio broadcasts. [6]

Indianapolis Colts National Football League franchise in Indianapolis, Indiana

The Indianapolis Colts are an American football team based in Indianapolis, Indiana. The Colts compete in the National Football League (NFL) as a member club of the league's American Football Conference (AFC) South division. Since the 2008 season, the Colts have played their games in Lucas Oil Stadium. Previously, the team had played for over two decades (1984–2007) at the RCA Dome. Since 1987, the Colts have been the host team for the NFL Scouting Combine.

OneAmerica sponsored the mainstage at the Indiana Repertory Theatre for the 2017-2018 show season. [7] [8]

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. [9]

OneAmerica is an investor in the downtown Indianapolis mall, Circle Centre. [10]

See also

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References

  1. 1 2 3 "OneAmerica 2016 Financial Records". 21 April 2017. p. 1.
  2. "OneAmerica to acquire McCready and Keene". ibj.com. Retrieved 2019-03-23.
  3. http://www.planadviser.com/oneamerica-to-acquire-city-national-bank-s-retirement-services/
  4. King, Carolyn (June 26, 2015) BMO to Sell U.S. Retirement Services Business to OneAmerica - WSJ.com
  5. "Inside Indiana Business".
  6. "OneAmerica, Colts Join Forces with Radio Network Partnership". oneamerica.com. September 30, 2015. Retrieved 2019-03-23.
  7. "150 years later, A Christmas Carol still shares important and timely messages to audiences". WISH. 2018-12-17. Retrieved 2019-03-23.
  8. ""A Christmas Carol" returns for 28th year at IRT". WISH. 2018-12-12. Retrieved 2019-03-23.
  9. "32nd Annual "Bop to the Top" event brings in thousands for Riley". FOX59. 2015-01-17. Retrieved 2019-03-23.
  10. Olson, Scott (February 14, 2015). "As Circle Centre turns 20, declining performance, anchor woes spur worry". IBJ.com. Archived from the original on May 29, 2018. Retrieved 2019-03-23.