Group 1001 Insurance, a leading financial services company, today announced the promotion of Linda Wang to President of its Life & Annuity business unit. In addition to this new role, Wang will continue to serve as Chief Financial Officer of Group 1001 Insurance, maintaining oversight of the company’s financial strategy and performance.

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Linda Wang

Over the past several years, Wang has led with strategic vision, financial discipline, and operational excellence. As President of the Life & Annuity business, Wang will lead strategic initiatives and drive disciplined execution across key business functions, while continuing to report to Group 1001’s Chief Executive Officer and President, Dan Towriss. In her role as Chief Financial Officer of Group 1001 Insurance, she will also assume direct responsibilities for Information Technology, Information Security, and Internal Audit, in addition to the oversight of the company’s financial management functions.

“Linda has been instrumental in shaping our company’s strategy. Her new responsibilities reflect her extraordinary dedication to our team and business. Her vast industry knowledge, coupled with her passion for excellence and teamwork, has been a cornerstone of our company’s success,” said Towriss.

Wang has been with Group 1001 for more than six years, overseeing the company’s Accounting, Treasury, Tax, Actuarial services, and Corporate planning functions. Prior to joining Group 1001, she served as Chief Executive Officer and Chief Actuary of Old Mutual’s Bermuda business. Prior to Old Mutual, Wang held a number of senior-level finance and actuarial management positions.

“I’m honored to serve in this new position and expanded role. Leading our organization through this exciting chapter is a privilege, and I’m committed to driving our strategic priorities forward while upholding the trust and promises we’ve made to our stakeholders,” said Wang.

Wang received her Master of Science in statistics and actuarial science from the University of Iowa and her MBA from New York University, Leonard N. Stern School of Business. She is a Fellow of Society of Actuaries and a member of the American Academy of Actuaries.

About Group 1001

Group 1001 Insurance Holdings, LLC (“Group 1001”) is a collective that empowers companies to create positive growth. Our insurance and annuities are easy to understand and accessible to all. Our online investing platform gives individuals control over their savings. Our technology and innovation help companies succeed. And our strategic partnerships bring people together through education and sports.

As of March 31, 2025, Group 1001 had more than 1,500 employees and combined assets under management of approximately $68.5 billion and currently provides over 496,000 active annuity contracts and life insurance policies. It comprises the following brands: Delaware Life, Gainbridge^®, Clear Spring Life and Annuity Company, Clear Spring Property and Casualty Group, Clear Spring Health, and the RVI Group, among others.

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