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Massachusetts Mutual Life Insurance Company
Work Here?
Provides life insurance and financial products
Massachusetts Mutual Life Insurance Company
Work Here?
Provides life insurance and financial products
About Massachusetts Mutual Life Insurance Company
Industries
Fintech
Financial Services
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Springfield, Massachusetts
Founded
1851
Overview
MassMutual provides life insurance and financial products to individuals and institutions, helping them secure their financial future. The company offers life insurance policies, retirement plans, and investment products, generating revenue from premiums and investment income. MassMutual is known for its financial stability, reflected in its high ratings, and it pays dividends to eligible policyholders based on various factors. Its Institutional Solutions division specializes in tailored financial solutions for large organizations, including low-risk stable value products. MassMutual's goal is to be a trusted partner for clients seeking long-term security and growth.
Simplify's Take
What believers are saying
- Acquisition of Port 51 enhances MassMutual's presence in small business lending.
- Partnership with iCapital provides access to alternative investments for advisors.
- The CDFI Innovation Initiative aims to scale impact in community development.
What critics are saying
- Port 51 acquisition exposes MassMutual to small business lending market volatility.
- CFO transition may lead to strategic shifts in financial management.
- Partnership with iCapital increases exposure to volatile alternative investments.
What makes Massachusetts Mutual Life Insurance Company unique
- MassMutual has a 170-year history, showcasing its longstanding industry leadership.
- The company offers tailored financial solutions through its Institutional Solutions division.
- MassMutual's high financial strength ratings ensure long-term security for policyholders.
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Company News
MassMutual has acquired a majority stake in Exos Small Business Lending, now rebranded as Port 51 Lending. Port 51, a top non-bank SBA lender, will continue to operate independently, offering expertise in SBA 7(a) loans. The rebranding includes a new website. MassMutual aims to help Port 51 grow and support small businesses, aligning with its vision for financial well-being for all Americans.
Between February 28 and March 14, 2017, MassMutual partnered with Greenwald & Associates to conduct an online survey of middle-income Americans with a preponderance of LGBTQ people to "raise awareness of the threats and barriers facing the workforce middle class (particularly LGBTQ workers)."
MassMutual announced today the completion of the acquisition of American Financial Group, Inc.'s wholly owned subsidiary, Great American Life Insurance Company.
MassMutual announced that Chief Financial Officer Betsy Ward will retire on December 31, 2024, after nearly 30 years of service to the company.
MassMutual has appointed Mary Jane (MJ) Fortin as its new chief financial officer (CFO), effective from 1 January 2025.
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About Massachusetts Mutual Life Insurance Company
Industries
Fintech
Financial Services
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Springfield, Massachusetts
Founded
1851
There are no jobs for Massachusetts Mutual Life Insurance Company right now.
Find jobs on Simplify and start your career today