Massachusetts Mutual Life Insurance Company - Company Profile
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Massachusetts Mutual Life Insurance Company (MassMutual) offers a range of life insurance products to individuals and businesses. It offers insurance products for whole life, term life, universal life, variable universal life, disability income, long-term care, group accident, and group critical illness. It offers group whole life insurance, group universal life insurance, and annuity products such as deferred fixed annuities, immediate income annuities, deferred income annuities, variable annuities, and fixed index annuities. The company also offers college savings plans, individual retirement accounts, defined benefit plans, nonqualified deferred compensation plans, defined contribution plans, institutional insurance, advisory and trust services, mutual funds, exchange-traded funds, and retirement plans. MassMutual is headquartered in Springfield, Massachusetts, the US.
Massachusetts Mutual Life Insurance Company premium industry data and analytics
Products and Services
Products | Services |
---|---|
Variable Annuities | Asset Management Services |
Income Annuities | Trust Services |
Disability Income Insurance | Investment Management Services |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Acquisitions/Mergers/Takeovers | In May, the company acquired a majority stake in Counterpointe Sustainable Advisors LLC. |
2023 | New Products/Services | In April 2023, the company launched Guaranteed Interest Account. |
2022 | Contracts/Agreements | In March, the company and the National Minority Supplier Development Council (NMSDC) entered into a partnership to certify Black financial professionals affiliated with MassMutual as minority business enterprises (MBEs). |
Competitor Comparison
Key Parameters | Massachusetts Mutual Life Insurance Company | The Northwestern Mutual Life Insurance Co | New York Life Insurance Co | National Life Group | Colonial Penn Life Insurance Co |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Springfield | Milwaukee | New York City | Montpelier | Philadelphia |
State/Province | Massachusetts | Wisconsin | New York | Vermont | Pennsylvania |
No. of Employees | - | 7,600 | 11,388 | 1,000 | 300 |
Entity Type | Private | Private | Private | Private | Private |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Roger W. Crandall | Chief Executive Officer; Chairman; President | Executive Board | - | - |
Elizabeth A. Ward | Chief Financial Officer | Senior Management | - | - |
Geoffrey Craddock | Chief Risk Officer | Senior Management | - | - |
Eric Partlan | Chief Investment Officer | Senior Management | 2023 | - |
Dominic Blue | Head - Third-Party Distribution and New Markets | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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