Massachusetts Mutual Life Insurance Company · Springfield, MA United States
Company Description
Phone: 413-744-1000
Fax: 413-744-6005
Toll Free: 800-272-2216
Rankings
- #135 in FORTUNE 500
View Massachusetts Mutual Life Insurance Company Locations On A US Map
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This link will open in a new window Massachusetts Mutual Life Insurance (MassMutual) is the flagship firm of the MassMutual Financial Group, a global organization of companies that provide financial services including life insurance, annuities, money management, and retirement planning. Founded in 1851, MassMutual's clients include individuals and businesses. The company also offers disability income insurance, long-term care insurance, structured settlement annuities, and trust services (through The MassMutual Trust Company). Other subsidiaries include OppenheimerFunds (mutual funds), Babson Capital Management (investor services), Baring Asset Management, and Cornerstone Real Estate Advisors (real estate investment management). To read the full description, subscribe now.
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Key Massachusetts Mutual Life Insurance Company Financials
| Company Type | Private - Mutual Company Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $19,301.0 |
| 2008 Employees | 12,000 |
Massachusetts Mutual Life Insurance Company Executives
108 executives listed for Massachusetts Mutual Life Insurance Company's Springfield, MA location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Stuart Reese | Network |
| President, COO, and Director | Roger Crandall | Network |
| EVP and CFO | Michael Rollings | Network |
Competition
Competitive Landscape for Massachusetts Mutual Life Insurance Company
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Massachusetts Mutual Life Insurance Company Competitors
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