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Group 1001 Appoints Nick Boaknin As Chief Information Officer

Mar 11, 2024over 1 year ago

Position

Chief Information Officer

Company

Group 1001

Nick Boaknin
ZionsvilleFinancial Services

Description

Group 1001, a leading financial services company, announces the appointment of Nick Boaknin as Chief Information Officer. In his new role, Boaknin will assist Group 1001’s Technology team in building and delivering high-quality, innovative technology solutions that transform the insurance landscape.

Company Information

Company

Group 1001

Location

Zionsville, Indiana, United States

About

Group 1001 Insurance Holdings, LLC ("Group 1001") is a technology-driven financial services company with a mission to empower customers, employees, and communities by making innovative products accessible to everyone. Group 1001 strives to demystify how insurance and annuity products are purchased today by leveraging technology to provide intuitive financial solutions for all Americans. As part of its mission, Group 1001 invests in strategic partnerships to connect with and transform communities through education and sports. As of June 30, 2023, Group 1001 had combined assets under management of approximately $60.9 billion and comprises the following brands: Delaware Life, Gainbridge®, Clear Spring Health, Clear Spring Property and Casualty Group, and Clear Spring Life.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months