MassMutual

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MassMutual Financial Group is a large, U.S.-based financial services company offering a broad range of products and services. Product and service offerings include annuities, college savings plans, disability insurance, IRAs, life insurance, retirement plans and long-term care insurance.

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General Information
Websitewww.massmutual.com
TypeInsurance Company
Founded1851
Ownership
CountryUSA
Contact Information
Address
Springfield, MA 01111-0001
Phone800-272-2216
Fax

Information & Articles about MassMutual

Bob MacDonald on the Unprecedented Opportunity in the Annuity Industry

Bob MacDonald has had a storied career as a leading entrepreneur and executive in the financial services industry.

Some of Bob’s roles include: president and CEO of ITT Life; founder, chairman and CEO of the highly successful LifeUSA, and; CEO of Allianz Life of North America.  Bob is also a noted business author with several best-selling management books to his credit.

As a widely acknowledged thought leader and product innovator in the financial services industry, Bob is able and willing to share a wealth of experience and insights.

Annuity Industry Pioneer Jerry Golden at Work on his Latest Venture

Jerry Golden--often referred to as the father of variable life insurance and variable annuities--has had a distinguished career as an innovator and entrepreneur in both the insurance and personal retirement businesses.

Jerry most recently spent four years as president of the Income Management Strategies Division at MassMutual after selling his business to the company in June, 2005.

Since leaving MassMutual in May, 2009, Jerry has been actively developing a new venture which will deliver yet another set of innovations to the personal retirement marketplace.

MassMutual Appears to be Moving Away from Variable Annuity Marketplace

Recent decisions by MassMutual would appear to indicate that the company is becoming less interested in and committed to the variable annuity marketplace.

The company has recently scaled-back on some of its variable annuity product features or riders.

The departure of one of MassMutual's top annuity experts, Jerome Golden, would also seem to indicate waning interest in the space. 

The company also indicated that it will place renewed emphasis on distribution through career agents rather than banks and broker-dealers.

Source: Investment News

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