Zionsville, Ind. – As part of its ongoing growth and expansion plan, Group1001, the Indiana-based insurance holding company, has announced today that it purchased the former LIDS building in Zionsville, IN.
Group1001 will continue to maintain its presence at its headquarters on Pennsylvania Parkway in Indianapolis, IN, and the new building will allow for future space for the growing company.
“This expansion speaks to the hard work of our employees and our commitment to grow in Indiana,” said Dan Towriss, Chief Executive Officer of Group1001. “This purchase is an investment in our business and in the community of Zionsville. We’re proud to expand our presence to this great town to establish space for current and future growth.”
“I am proud Group1001 selected Zionsville as the location to expand their operations” said Zionsville Mayor Tim Haak. “As a reputable Indiana company that’s not just known for sponsoring the Indy 500, but also for supporting local youth and communities through sports and education, we’re both excited and pleased to welcome them to Zionsville.”
The purchase closed on November 12, 2019 with occupancy to follow some time in 2020.
Through its subsidiaries, Group1001 provides an array of protection and wealth accumulation products, such as annuities, life insurance, and property and casualty insurance.
For more information about Group1001, please visit Group1001.com.
Group One Thousand One, LLC (“Group1001”) is an insurance holding company in the United States, with current combined assets under management of approximately $36 billion as of September 30, 2018, and a mission to make insurance and retirement products more useful, intuitive, and accessible so everyone can get the most value from their money.