Dan Towriss is a seasoned entrepreneur and executive whose multi-decade career in insurance and financial services has produced measurable financial and community impact. With a reported $30 million net worth in 2025 and annual earnings $1.5 million, Towriss blends actuarial expertise, strategic thinking, and operational leadership as CEO and President of Group 1001 and other senior roles at Guggenheim Life, ING Reinsurance, and AEGON. This article explains his income sources, professional journey, education, family life, leadership style, and notable lifestyle assets — including a 42-foot luxury yacht and a high-profile boat accident 2019 in Port Everglades, Florida.
It also examines Group 1001’s positioning — an investment holding company with reported $50 million in assets — and Towriss’s philanthropic and board commitments. Read on for a structured, evidence-based look at Dan Towriss Net Worth ,career, and public footprint.
Dan Towriss Wiki/Bio
| Attribute | Details |
| Full Name | Dan Towriss |
| Profession | Entrepreneur, Businessman, CEO, Visionary Leader |
| Current Position | CEO & President of Group 1001 |
| Known For | Leadership in insurance and financial services industry |
| Company | Group 1001 (Investment Holding Company) |
| Group 1001 Net Worth | Estimated $50 million in assets |
| Personal Net Worth (2025) | $30 million net worth |
| Annual Earnings | $1.5 million |
| Monthly Earnings | $115,000 |
| Daily Earnings | $4,200 |
| Primary Income Sources | Executive compensation, business ventures, investments, board memberships |
| Education | Mathematics – Indiana University Bloomington; Actuarial Science – Ball State University |
| Spouse | Cassidy Towriss |
| Children | 2 |
| Age (2025) | 55 years |
| Height | 5 ft 9 in (175 cm) |
| Weight | 98 kg (216 lbs) |
| Residence | Muncie, Indiana, USA |
| Notable Assets | 42-foot luxury yacht, investment portfolio |
| Notable Incident | Boat accident (2019) in Port Everglades, Florida |
| Board Memberships | RISE, Ball State University Foundation, Cal Ripken Sr. Foundation, 2024 NBA All-Star Game Committee |
| Leadership Style | Data-driven, analytical, visionary, risk-managed |
| Philanthropy Focus | Community impact, education, sports partnerships |
| Social Media Presence | |
| Instagram Followers | Approx. 5.3K followers |
| Personal Website | Official Website – Dan Towriss |
Dan Towriss Net Worth and Income Sources
Dan Towriss’s reported $30 million net worth is the product of decades in leadership roles across insurance, reinsurance, and investment holdings. His annual earnings $1.5 million, monthly earnings $115,000, and daily earnings $4,200 reflect executive compensation, equity stakes, and investment returns. Income is best understood as a composite of the following elements:
- Executive compensation — salary and bonuses earned as CEO and President of Group 1001 and as an executive at Guggenheim Life and other firms.
- Equity and ownership — stakes in Group 1001 and related business ventures that produce capital gains, dividends, and carried interest.
- Investment income — returns from diversified assets, including holdings under Group 1001, private investments, and real assets.
- Board and advisory fees — compensation from board memberships and advisory positions across nonprofit and corporate boards.
To put this into practical perspective, consider how annual compensation and investment returns compound: a steady annual earnings $1.5 million can support sustained wealth growth when combined with prudent investing and equity appreciation. Group 1001’s profile as an investment holding company and the claim of $50 million in assets suggest that a meaningful portion of Towriss’s wealth is tied to corporate balance sheets and private vehicle returns rather than solely to liquid cash. This diversity of income — executive compensation, business ventures, annuities and reinsurance-based revenue, and passive investment yield — is a common pattern for high-net-worth executives in the insurance and financial services sector.
Early Life of Dan Towriss
Dan Towriss’s early life shaped the analytical and leadership skills he later applied to finance and insurance. Born and raised in the Midwest, Towriss’s formative years included academic focus and a household environment that emphasized discipline and education. Many executives in actuarial and finance fields show early aptitude for mathematics and problem solving; Towriss’s educational choices indicate the same trajectory.
Growing up in Muncie, Indiana, he gravitated toward math and quantitative subjects, setting the stage for degrees in Mathematics and Actuarial Science. His Midwestern background also contributed to a community-oriented sensibility that later showed up in philanthropic and board memberships, such as regional nonprofits and sports-related foundations. Family life and community ties often influence career choices — for Towriss, a practical, numbers-first approach to risk and long-term planning traces back to those earlier years.
Early-career choices frequently include internships or actuarial rotations within insurance firms. While Towriss moved into executive roles over time, those early technical foundations in mathematics and actuarial thinking provided credibility when making strategic decisions about annuities, reinsurance, and complex financial products. In short, his early life combined quantitative aptitude, community values, and a career-minded focus — building blocks for his later role as a visionary leader and businessman in insurance and financial services.
Dan Towriss Education
Dan Towriss’s educational background is rooted in rigorous quantitative study: a Mathematics degree from Indiana University Bloomington and specialized training in Actuarial Science at Ball State University. These credentials provide a technical foundation that underpins his analytical approach to business, risk, and financial product design.
Why this matters:
- Mathematics degree (Indiana University Bloomington): gives robust training in logic, modeling, and problem solving — essential for senior leaders who must evaluate complex business scenarios, financial models, and capital allocation decisions.
- Actuarial Science (Ball State University): provides domain-specific expertise in risk assessment, probability, and long-term liabilities — a natural fit for insurance, annuities, and reinsurance businesses.
This combination of a broad mathematical background and focused actuarial training explains Towriss’s strength in risk management and analytical expertise. Executives with actuarial backgrounds frequently bring a distinctive advantage: they can translate nuanced statistical findings into strategic business choices, from pricing products to structuring reinsurance treaties. It also informs an evidence-based leadership style where decisions are driven by data, scenario analysis, and long-term projections — all crucial in managing annuities and the capital-intensive world of reinsurance.
Dan Towriss Family
Family life is a core dimension of Dan Towriss’s public narrative and personal stability. He is married to Cassidy Towriss, and together they have 2 children. The family is frequently associated with Muncie, Indiana and maintains ties to educational and community institutions in the region.
Family and personal context matter for a few reasons:
- Work-life balance and decision-making: leaders with stable family support often make longer-term decisions that account for legacy and wealth transfer.
- Philanthropy and community involvement: families frequently influence philanthropic focus; Towriss’s board memberships and community impact initiatives often align with personal values shaped by family life.
- Public perception and brand: being visible as a family man can reinforce a reputation for stability and trustworthiness — valuable traits in insurance and financial services.
It’s also common for high-net-worth families to coordinate financial plans across generations, including estate planning, trusts, and philanthropic vehicles. Given Towriss’s experience and public roles, it’s reasonable to assume he has structured approaches to succession and family governance. Altogether, Dan’s family life — Cassidy Towriss and their two children — complements his professional image and appears to influence his public commitments and community engagements.
Career
Dan Towriss’s career blends executive leadership, entrepreneurial initiatives, and industry expertise across insurance and reinsurance. As CEO and President of Group 1001, as well as roles at Guggenheim Life, ING Reinsurance, and a director role at AEGON, Towriss has navigated product strategy, capital management, and enterprise operations.
Key career milestones and areas of responsibility:
- Leading a diversified investment holding company (Group 1001) — overseeing investments, subsidiary strategies, and capital allocation across business ventures.
- Executive roles at Guggenheim Life — managing life insurance product suites, annuities, and distribution strategies.
- Senior leadership at ING Reinsurance — focusing on treaties, risk transfer, and large-scale reinsurance solutions.
- Board-level governance at AEGON and nonprofit boards — contributing strategic oversight and risk governance.
To explain how these positions translate into value creation, consider the following:
- Leadership roles allowed Towriss to shape product portfolios (annuity and reinsurance solutions), which are capital-efficient and yield long-term fee-based revenues.
- Actuarial expertise enabled sharper pricing and risk selection, increasing profitability and preserving capital.
- Entrepreneurial ventures through Group 1001 provide upside via direct investments, private equity deals, and strategic acquisitions.
Ordered list — typical income and value drivers across his career:
- Base salary and executive bonuses (corporate roles).
- Equity ownership and capital appreciation (Group 1001 and other ventures).
- Investment income (returns from the holding company’s assets).
- Board and advisory compensation.
These career elements combined explain how Towriss achieves his financial achievements and supports a net worth of $30 million net worth through diversified, industry-specific income channels.
Dan Towriss Age
As of 2025, Dan Towriss is age 55 years. This life stage is often associated with peak executive earnings and concentrated leadership responsibilities. For many executives in the insurance and financial services sector, the mid-50s are when accumulated professional capital, board positions, and investment returns converge into substantial net worth.
Why age 55 matters:
- Career maturity: decades of experience enable higher executive compensation and more prominent board roles.
- Wealth planning: at this age, strategic choices shift toward estate planning, philanthropic legacy, and preparing leadership succession.
- Risk tolerance and investment horizon: age influences asset allocation choices; many in this cohort maintain diversified portfolios with a focus on capital preservation and steady income.
Towriss’s combination of age 55 years, high-level roles, and board memberships aligns with continued income generation — reflected in his annual earnings $1.5 million — while positioning him to steward Group 1001’s assets and philanthropic activities for the long term.
Dan Towriss Physical Stats (table)
| Attribute | Details |
| Age | 55 years |
| Height | 5 ft 9 in (175 cm) |
| Weight | 98 kg (216 lbs) |
| Residence base | Muncie, Indiana (regional) |
| Family | Married to Cassidy Towriss; 2 children |
Dan Towriss Social Presence
Dan Towriss maintains a professional social footprint across mainstream and specialized platforms: Facebook, Instagram, LinkedIn, and a Personal Website. These channels serve different purposes:
- LinkedIn: primary professional presence for sharing thought leadership, corporate updates from Group 1001, and industry commentary related to annuities and reinsurance.
- Personal Website: a centralized hub for bios, media requests, board commitments, and public statements.
- Facebook & Instagram: more personal or lifestyle-focused posts that can humanize the executive (family moments, philanthropy, or lifestyle assets like the 42-foot luxury yacht).
Practical social strategy for executives like Towriss typically includes:
- Curated professional posts on LinkedIn to build authority around leadership style, actuarial expertise, and industry trends.
- Controlled public-facing content on a personal website for press and investor relations.
- Selective lifestyle content on Instagram to showcase personal interests and philanthropy without oversharing.
A credible social presence reassures investors and partners about transparency and accessibility. For high-profile executives, social profiles are also an important channel for clarifying events — such as public statements following the boat accident 2019 — and for highlighting community impact and board activity.
What is Dan Towriss’s Leadership Style?
Dan Towriss’s leadership style blends visionary leadership with a data-driven approach rooted in actuarial thinking. The result: a decision-making framework that balances long-term strategy with quantifiable risk assessment. Key descriptors of his style include:
- Data-driven approach: decisions are anchored to metrics, modeling, and scenario analysis—typical of leaders with actuarial backgrounds.
- Strategic thinking: focuses on capital allocation, product innovation, and positioning Group 1001 within annuities and reinsurance markets.
- Collaborative governance: active board roles and nonprofit engagement suggest a leader comfortable with stakeholder input and cross-sector partnerships.
- Risk management orientation: applies actuarial expertise to design resilient products and preserve capital during stress scenarios.
Unordered list — practical behaviors that reflect this style:
- Regular use of predictive modeling and scenario planning.
- Clear delegation combined with rigorous reporting — empowering teams while preserving oversight.
- Long-term planning horizon that prioritizes sustainable revenue sources (annuities, reinsurance treaties) over short-term gains.
- Active engagement with boards to align corporate strategy and community impact.
This hybrid of analytical rigor and visionary direction helps Towriss maintain credibility in insurance circles while pursuing entrepreneurial ventures through Group 1001. The leadership approach supports both his financial achievements and his reputation as a visionary leader and businessman.
Dan Towriss Boat Accident
A notable public incident in Dan Towriss’s life was the boat accident 2019 in Port Everglades, Florida. This event received attention because of the involvement of a high-profile luxury powerboat and the public nature of the location. While accidents of this nature can raise legal, reputational, and insurance considerations, they also provide a case study in crisis management and transparency for executives.
Key takeaways from such incidents:
- Immediate response and safety: the priority in maritime incidents is ensuring all parties are safe, coordinating with local authorities, and providing medical attention if needed.
- Reputational management: timely, factual communication through personal channels (e.g., personal website or a statement on LinkedIn) helps preempt misinformation.
- Insurance and liability: for an executive with actuarial and insurance experience, the post-incident focus often includes claims management, coverage review, and risk mitigation for future operations.
- Legal process and compliance: any regulatory or legal inquiries are addressed through counsel and through active cooperation with investigations.
For readers focused on Towriss’s overall profile, the boat incident is a reminder that lifestyle assets — like the 42-foot luxury yacht and luxury powerboat ownership — carry both prestige and responsibility. How an executive navigates such events can influence public perception, insurance relationships, and corporate reputation management.
Dan Towriss Yacht
The 42-foot luxury yacht in Dan Towriss’s portfolio is more than a lifestyle symbol; it’s an asset that intersects with liability, insurance, and leisure. For executives in the financial services world, owning a high-value vessel means engaging with specialized marine insurance, operational costs, and regulatory compliance.
Consider these asset-related facts:
- Maintenance and operating costs: yachts have ongoing expenses (crew, dockage, maintenance) that owners must budget annually.
- Insurance structuring: as an expert in insurance and reinsurance, Towriss would likely apply best practices to insure the vessel, from hull coverage to liability and environmental protection clauses.
- Lifestyle and branding: a yacht conveys lifestyle status, useful for client entertainment, networking, and philanthropic events.
- Risk exposure: owning and operating a yacht carries accident risk — highlighted by the boat accident 2019 — which affects insurance premiums and legal considerations.
From a financial planning viewpoint, luxury assets like yachts are often managed within a broader portfolio — sometimes through corporate holdings or trusts — to optimize tax, liability protection, and succession planning. Given Towriss’s background, his approach to yacht ownership likely blends personal enjoyment with structured risk management and asset protection.
Dan Towriss Recent Updates
As of the latest public profile in 2025, the key professional and personal highlights for Dan Towriss include:
- Continued leadership as CEO and President of Group 1001, focusing on investment strategies across insurance-adjacent assets.
- Ongoing executive roles and advisory boards at Guggenheim Life, ING Reinsurance, and involvement with AEGON-related governance or partnership initiatives.
- Active board memberships and philanthropic involvement with organizations such as RISE and the Ball State University Foundation, reflecting his commitment to community impact and sports partnerships.
- Stable personal finances with a declared $30 million net worth, annual compensation at $1.5 million, and transparent asset holdings including the 42-foot luxury yacht.
- Continued emphasis on philanthropy and community engagement, aligning public influence with charitable commitments and sports-related foundations.
These updates underscore a profile of sustained professional relevance, consistent income details, and a public-facing combination of business, community, and lifestyle interests. For partners and stakeholders, the pattern suggests a leadership trajectory focused on sustainable value creation, risk-managed growth, and ongoing community investment.
Conclusion
Dan Towriss’s profile combines technical depth, strategic leadership, and diversified wealth. With a $30 million net worth, annual earnings $1.5 million, and executive roles across Group 1001, Guggenheim Life, ING Reinsurance, and AEGON, his career demonstrates how actuarial expertise and strategic thinking can translate into entrepreneurial success and significant financial achievements. Group 1001’s role as an investment holding company with $50 million in assets amplifies that impact by channeling investments into annuities, reinsurance, and other financial products.
Towriss’s leadership style — data-driven, risk-aware, and visionary — aligns with his professional history and board commitments, while his family life (married to Cassidy Towriss with 2 children) anchors his public persona. Lifestyle assets such as the 42-foot luxury yacht add color to the profile but also carry practical implications, as seen in the boat accident 2019 at Port Everglades, Florida.
For readers assessing executives in financial services, Towriss’s journey offers lessons in combining technical skills (Mathematics at Indiana University Bloomington, Actuarial Science at Ball State University) with strategic corporate leadership. His story underscores that sustainable net worth growth often rests on diversified income sources, disciplined risk management, and purposeful community engagement — a framework that many aspiring leaders can emulate.
FAQs
Where is Dan Towriss from?
Dan Towriss is from Muncie, Indiana, where he built his educational foundation and later advanced to become a leading figure in insurance and financial services.
Who is the CEO of Gainbridge?
Dan Towriss is the CEO of Gainbridge, a digital platform under Group 1001, specializing in innovative annuities and long-term financial investment products.
What companies has Dan Towriss worked for?
Dan Towriss has worked for Group 1001, Guggenheim Life, ING Reinsurance, and AEGON, holding executive and leadership roles in insurance and financial management.
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