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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. So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.

  2. Owner occupied housing. Clear enough?

  3. So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.

  4. Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.

  5. RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.

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