Company Profile

Company Description:

Founded in 1851 in Springfield, Massachusetts, MassMutual is owned by its members and participating policyholders. Looking out for our clients' best interests is a top priority. For more than a century and a half, we’ve taken a long-term approach that has kept us strong through all phases of the economic cycle. We’ve consistently earned some of the highest financial strength ratings of any company in any industry, and have paid dividends* on whole life insurance policies continuously since the 1860s, even during the Great Depression. Just as importantly, we’ve remained committed to our trained, entrepreneurial network of financial professionals – people who think the way we do in terms of long-term value – people who strive to maintain a long-term relationship with their clients, helping them adapt and refine financial strategies throughout a lifetime. Since 1990, we’ve broadened our revenue base and long-term stability by acquiring highly-respected asset management firms, including OppenheimerFunds, Inc. and Baring Asset Management Limited, as well as successful Asian and European financial services companies. And in 1996, we acquired Connecticut Mutual Life Insurance Co., creating the fifth-largest mutual life insurance company in the United States. Our companies currently sell a broad portfolio of insurance, investment and retirement products. But whole life insurance policies continue to be our foundation. That’s good for all our clients, because the value that policyholders build up in their whole life policies not only provides them with flexibility to help meet living needs, it also strengthens MassMutual’s financial position. *Dividends not guaranteed.