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OneAmerica's annual sales jump 29 percent

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Sales at OneAmerica Financial Partners Inc. surged 29 percent in 2011, on top of a 24-percent jump in 2010, the Indianapolis-based life insurer announced Monday.

That sales success has pushed OneAmerica’s total assets to nearly $26 billion, an increase of 7 percent over 2010.

OneAmerica did not release a dollar figure for its sales, but the 29-percent increase would have pushed 2011 sales to nearly $2.2 billion, based on 2010 sales data.

The mutual insurance company will report final sales and net income figures later this spring.

OneAmerica saw its strongest growth in its retirement business, where sales grew 51 percent over 2010. Sales of 401(k) plans to for-profit employers surged 67 percent. And sales of retirement plans to not-for-profit employers rose 31 percent.

OneAmerica also posted double-digit sales growth in sales of voluntary benefits—life, disability and health insurance—through employers, as well as its individual life insurance products.

"We also retained an impressive 95 percent of our business last year, proving we offer a value proposition that not only attracts new customers, but keeps them as we serve them well,” said OneAmerica CEO Dayton Molendorp in a prepared statement.

OneAmerica employs 1,600 workers, with about 1,300 of them at its corporate headquarters in downtown Indianapolis.

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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