OneAmerica Financial Partners
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OneAmerica Financial Partners, Inc. is a U.S.
financial services Financial services are the Service (economics), 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, acco ...
mutual holding organization with corporate offices at the
OneAmerica Tower The OneAmerica Tower, formerly AUL 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 ...
in
Indianapolis, Indiana Indianapolis (), colloquially known as Indy, is the state capital and most populous city of the U.S. state of Indiana and the seat of Marion County. According to the U.S. Census Bureau, the consolidated population of Indianapolis and Mari ...
. 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 Life is a quality that distinguishes matter that has biological processes, such as signaling and self-sustaining processes, from that which does not, and is defined by the capacity for growth, reaction to stimuli, metabolism, energ ...
,
disability Disability is the experience of any condition that makes it more difficult for a person to do certain activities or have equitable access within a given society. Disabilities may be Cognitive disability, cognitive, Developmental disability, dev ...
, and long-term care insurance, and
annuities In investment, an annuity is a series of payments made at equal intervals.Kellison, Stephen G. (1970). ''The Theory of Interest''. Homewood, Illinois: Richard D. Irwin, Inc. p. 45 Examples of annuities are regular deposits to a savings account, mo ...
. For businesses, they offer
employee benefits Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. Inst ...
, retirement plans, and
group insurance Group insurance is an insurance that covers a group of people, for example the members of a society or professional association, or the employees of a particular employer for the purpose of taking insurance. Group coverage can help reduce the proble ...
. They operate throughout the United States except New York. OneAmerica Companies maintain "superior" financial ratings from
A.M. Best AM Best is an American credit rating agency headquartered in Oldwick, New Jersey, that focuses on the insurance industry. Both the U.S. Securities and Exchange Commission and the National Association of Insurance Commissioners have designated ...
and Standard and Poor's.


History

Started as a life insurance group in 1877 by the
Knights of Pythias The Knights of Pythias is a fraternal organization and secret society founded in Washington, D.C., on . The Knights of Pythias is the first fraternal organization to receive a charter under an act of the United States Congress. It was founded ...
, 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 Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insu ...
company in the U.S. In 1930 Knights of Pythias separated the insurance program, creating United Mutual Life Insurance Company Inc. The in 1936 American Central and United Mutual merge 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. In 1982 OneAmerica moved into OneAmerica Tower, the tallest building in Indianapolis at that time and in 1994 The State Life Insurance Company joined AUL and in 1998 Pioneer Mutual Life Insurance Company joined AUL/State Life. 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. In 2014 OneAmerica purchased City National Bank's retirement services division. In 2015 OneAmerica to purchased
Bank of Montreal The Bank of Montreal (BMO; french: Banque de Montréal, link=no) is a Canadian multinational investment bank and financial services company. The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank; while its head office remains in ...
's BMO Retirement Services.


Company leadership


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. In 2015, OneAmerica signed a 4-year naming-rights partnership to become the title sponsor of
Indianapolis Colts The Indianapolis Colts are a professional American football team based in Indianapolis. 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 ...
gameday radio broadcasts. 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. OneAmerica is an investor in the downtown Indianapolis mall, Circle Centre.


See also

*
Mutual fund A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV i ...


References


External links

* {{authority control Financial services companies established in 1877 Mutual insurance companies of the United States Companies based in Indianapolis 1877 establishments in Indiana