OneAmerica Names New President of Retirement Services
INDIANAPOLIS, IN, February 14, 2017 -- OneAmerica® today named industry veteran Pat Foley president of Individual Insurance and Retirement Services, positioning the company for continued growth in retirement services (RS) and the individual insurance marketplace. Foley, who has served as president of the Individual Life and Financial Services (ILFS) division at OneAmerica since 2013, is a proven business builder with a deep background in distribution and operations.
During the last three years, OneAmerica has doubled in size and grown its workforce by 40%. The RS business has contributed to that growth, both in plans and in assets under administration as a result of recent key acquisitions.
"The accomplishments of our retirement services team in the past have been exceptional, and we see tremendous opportunity ahead in the RS marketplace," said OneAmerica President and CEO Scott Davison. "Pat's 30 years of experience in financial services will serve us well as we look toward the future."
Additionally, under Foley's leadership, the ILFS division has made consistently strong gains across all channels and established a leading market position with their Care Solutions, asset-based long-term-care product suite. Engaging Foley to lead both businesses sets the stage for future growth.
"OneAmerica has established itself as a leader in retirement services. We know where we compete, and we know how to win," said Foley. "A number of key growth initiatives are well-underway in the retirement services division, and I look forward to continuing these efforts in coordination with our talented team and network of financial professionals."
Foley's new role is effective immediately.
A national leader in the insurance and financial services marketplace for 140 years, the companies of OneAmerica® help customers build and protect their financial futures.
OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset based long-term care solutions and employee benefit plan products.
Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources that are committed to providing value to our customers.
To learn more about our products, services and the companies of OneAmerica, visit oneamerica.com/companies.
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