Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. In April 2014, the company rebranded itself as Voya Financial.[2] Voya's predecessors had first entered the U.S. market in the 1970s.
Voya Financial returned to the Fortune 500 list in 2024, coming in at #487 with $7.3 billion in revenue.[3]
Operations
The company's main center for broker-dealer (the ING Financial Partners division) and annuities businesses is located in Des Moines, Iowa. This center was first established in 1997 and employed 400 as of late 2014.[4][5] On July 31, 2017, Voya entered into an agreement with Cognizant to outsource a broad range of IT services, resulting in layoffs and jobs transferred to Cognizant.[6]
Further reading
External links
References
- US SEC: Form 10-K Voya Financial, Inc. U.S. Securities and Exchange Commission, retrieved April 2, 2021^
- Mathis, Karen Brune. ING U.S. becomes Voya Financial News & Daily Record, 21 Mar 2014^
- Voya Financial Fortune, retrieved 2024-06-09^
- Gardyasz, Joe. ING rebranding as Voya Financial Business Record, Business Publications, 14 Mar 2014, retrieved 21 Apr 2015^
- Patane, Matthew. Voya's Des Moines office to celebrate end of rebranding The Des Moines Register, 2 Sep 2014, retrieved 21 Apr 2015^
- VOYA FINANCIAL, INC. (NYSE:VOYA) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive marketexclusive.com, retrieved 2017-09-06^