Massachusetts Mutual Life Insurance Company (MassMutual) has capped a year of exceptional growth by earning a range of third-party distinctions that underscore the company’s industry leadership and commitment to providing lifelong financial protection to people across America. “I am proud that MassMutual is being recognized by renowned organizations for the strong results we deliver for the long-term benefit of our policy owners and, equally important, with respect to how we manage our business,” said MassMutual Chairman, President, and CEO Roger Crandall. “We have made great strides in reaching more people who need what we offer, and the accolades we have received are a testament to our work helping millions of Americans achieve the financial well-being needed to help secure their future and protect the ones they love.”
A Leader in Protecting Americans with Permanent Life Insurance
For the first time in its history, MassMutual has topped the list for placing the most whole life insurance business in the industry, according to the worldwide research and consulting firm LIMRA. MassMutual experienced a 34 percent growth rate in 2016, compared to an industry average of 9 percent, marking more than a decade of industry-leading of growth for MassMutual’s whole life insurance offerings.
A World’s Most Admired – and Most Innovative — Company
MassMutual has been named a FORTUNE World’s Most Admired Company – a distinction held 18 out of the last 20 years (ranking 5th among the Most Admired companies in its industry in 2017). Importantly, in 2017 the company was recognized by FORTUNE as the leading company in the reputational category of innovation, honoring MassMutual’s creativity and cutting-edge use of technology to better connect with and serve a broader population of policy owners.
A World’s Most Ethical Company
MassMutual marked the fourth consecutive year as a World’s Most Ethical Company and remains the only mutual company named Most Ethical by The Ethisphere Institute in the life insurance industry category. The World’s Most Ethical Company distinction underscores a company’s commitment to leading ethical business standards and practices, and recognizes their role in society to influence and drive positive change, consider the impact of their actions on their employees, investors, customers and other key stakeholders and use their values and culture as an underpinning to the decisions they make every day. For more information, visit www.massmutual.com.