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Group 1001
Group 1001 is an American insurance collective and financial services holding company with headquarters in Zionsville, Indiana. It is a subsidiary of TWG Global. History The company was founded in 2013 by Dan Towriss, its current Chief Executive Officer. The company was originally founded as Delaware Life Holdings as an affiliate of Guggenheim Partners Guggenheim Partners, Inc is a global investment and advisory financial services firm that engages in investment banking, asset management, capital markets services, and insurance services. Guggenheim has c. 2,000 employees. The firm has offices .... On July 31, 2013, the company acquired Sun Life Insurance and Annuity Co. of New York. In 2017, Delaware Life Holdings rebranded as Group 1001. Tony Marichal is the company's Vice President of Annuity Operations. The company has approximately $67 Billion assets under management. In 2019, the company acquired Lackawanna Insurance Group and Community Care Insurance Company of I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dan Towriss
Daniel J. Towriss (born 1972) is an American businessman who is the founder, chief executive officer and President of Group 1001, a privately held insurance collective and financial services firm, which is a subsidiary of TWG Global and affiliated with Guggenheim Partners. Towriss is also the CEO of TWG Motorsports, which owns Cadillac Formula 1. Education Towriss went to High School at Muncie Central High School in Muncie, Indiana. Upon graduation, he went to Indiana University Bloomington on a baseball scholarship. After experiencing an elbow injury that ended his baseball career, he then went to Ball State University where he graduated with a Bachelors of Science degree in Actuarial Science in 1994. Career Towriss is the founder, Chief Executive Officer and President of Group 1001, an insurance collective and financial services firm controlled by TWG Global, which is linked to Guggenheim Partners through their shared CEO Mark Walter. Towriss has helped Group 1001 ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zionsville, Indiana
Zionsville is a suburban town located in the extreme southeast area of Boone County, Indiana, Boone County, Indiana, United States, northwest of Indianapolis. The population was 14,160 at the 2010 United States Census, 2010 census and 30,693 at the 2020 United States census, 2020 census. Zionsville promotes itself as a tourist attraction, centered on its village-styled downtown area. This area consists primarily of Main Street, paved entirely in brick, which is lined with small retail stores and restaurants. History Zionsville was laid out in 1852 when the railroad was extended to that point. It was named for William Zion, a pioneer settler. Abraham Lincoln made a Whistle stop train tour, whistle-stop speech in Zionsville in 1861 when traveling to his inauguration. Later, after his assassination in 1865, the train carrying Lincoln’s body passed through Zionsville on its circuitous route to his final rest in Springfield, Illinois. In 1866, Zionsville was incorporated as a tow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indiana
Indiana ( ) is a U.S. state, state in the Midwestern United States, Midwestern region of the United States. It borders Lake Michigan to the northwest, Michigan to the north and northeast, Ohio to the east, the Ohio River and Kentucky to the south and southeast, and the Wabash River and Illinois to the west. Nicknamed "the Hoosier State", Indiana is the List of U.S. states and territories by area, 38th-largest by area and the List of U.S. states and territories by population, 17th-most populous of the List of states and territories of the United States, 50 states. Its capital and largest city is Indianapolis. Indiana was admitted to the Union as the 19th state on December 11, 1816. Indigenous peoples of the Americas, Indigenous resistance to American settlement was broken with defeat of the Tecumseh's confederacy in 1813. The new settlers were primarily Americans of British people, British ancestry from the East Coast of the United States, eastern seaboard and the Upland South ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TWG Global
TWG Global Holdings, LLC is an American multinational conglomerate holding company with headquarters in Chicago and New York City. It was founded by Guggenheim Partners co-founder and CEO Mark Walter. Walter serves as the company's chief executive officer and co-chairman alongside Thomas Tull. History TWG Global was founded by Guggenheim Partners co-founder and CEO Mark Walter as an investment vehicle and holdings company for his various investments in multiple industries. TWG is a conglomerate invested in six different industries which include; financial services, insurance, artificial intelligence, technology, sports and entertainment, and merchant banking. Walter is the chief executive officer and co-chairman of TWG alongside Thomas Tull, who also serves as co-chairman. Walter owns 21% of the company. Financial services TWG owns multiple financial services companies under its subsidiary Delaware Life Holdings, LLC including Group 1001 Insurance. TWG is affiliated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guggenheim Partners
Guggenheim Partners, Inc is a global investment and advisory financial services firm that engages in investment banking, asset management, capital markets services, and insurance services. Guggenheim has c. 2,000 employees. The firm has offices in New York City, Chicago, London, Los Angeles, and San Francisco. It facilitates deals in many sectors. Organization The firm was founded in 1999 in partnership with the Guggenheim family. Headquartered in New York City and Chicago, it has more than $330 billion of assets under management. The firm's CEO is Mark Walter. Guggenheim Partners provides services across asset management and investment banking. Guggenheim Investment Advisors oversees about $50 billion in assets. Business Background Guggenheim advises clients on mergers and acquisitions, restructuring, financial restructuring, capital structure and capital raising, and on other strategic and financial transactions. The firm advises corporate clients, family offices, govern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Indiana
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
