July 9, 2025 Newswires

Group 1001 Insurance Appoints Michael Bloom as Chief Legal Officer

Business Wire

ZIONSVILLE, Ind.--(BUSINESS WIRE)--
Group 1001 Insurance, a leading financial services company, today announced the promotion of Michael Bloom to Chief Legal Officer. Bloom will continue to serve as Chief Legal Officer and Secretary for Delaware Life Insurance Company, the group’s flagship company.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250709300200/en/

Michael Bloom

In his new role, Bloom will have direct oversight for all legal and compliance matters for Group 1001’s Life & Annuity business unit, as well as responsibility for all shared legal services and governmental affairs for the group. He also will have supervisory oversight of the legal and compliance affairs for the group’s other insurance business units – Property & Casualty, Health, and Specialty. In addition to his current governance responsibilities, Bloom will serve as the corporate secretary for Group 1001. He will continue to report to Group 1001’s Chief Executive Officer and President, Dan Towriss.

“Mike’s trusted counsel and steady leadership have been instrumental to the growth and success of Group 1001,” said Towriss. “His strategic mindset, extensive experience, proven track record, and deep commitment to Group 1001’s core values strengthen our executive leadership team and will help us advance our growth and innovation plans across the enterprise while navigating ever increasingly complex legal and regulatory landscapes.”

A seasoned legal executive, Bloom has been with the company for nearly 26 years, serving the last 12 years as Delaware Life’s Chief Legal Officer and Secretary. Before the group’s acquisition of Delaware Life in 2013, he was a senior leader in Sun Life’s U.S. Law Department, where he led the Corporate Regulatory and Governance practice group. Bloom began his legal career as a litigation associate at the law firms of Murphy & King and Sherin and Lodgen in Boston.

“I am excited and honored to serve in this new position and expanded role, leading our talented legal and compliance professionals in support of the incredible work of the innovative business leaders and teams across Group 1001. I look forward to supporting the group’s strategic priorities while driving greater operational efficiencies in the legal and compliance function,” said Bloom.

Bloom received his bachelor’s degree from Bentley University and his J.D. from Suffolk University Law School where he served on the Law Review. He also earned an LL.M. in American Banking and Financial Law from Boston University School of Law. Bloom is a past Chair of The Association of Life Insurance Counsel’s Securities Section.

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.