-

MassMutual named to 2023 FORTUNE World's Most Admired Company list

Company Ranked #1 for Innovation in Life and Health Insurance Industry Category

SPRINGFIELD, Mass.--(BUSINESS WIRE)--Massachusetts Mutual Life Insurance Company (MassMutual) has been named a World's Most Admired Company by FORTUNE® Magazine, placing #2 in the life and health insurance industry category and leading among mutual company peers.

Notably, MassMutual ranked No. 1 for innovation in its industry category, the fifth time in the past six years the company has received this honor. The company has been named to the FORTUNE World’s Most Admired Company list 20 times since the year 2000.

“We are delighted to be named a World’s Most Admired Company again this year and to be recognized as the most innovative company in our industry,” said Roger Crandall, Chairman, President and CEO. “Accolades like this demonstrate the talent and dedication of our employees and network of financial professionals who work hard each day to reach people on their terms and deliver holistic financial solutions that bring stability and security in an uncertain and rapidly changing world. While we are honored by this recognition, we’re especially proud of what it reflects: the progress we’re making toward helping millions more Americans secure their future and protect the ones they love.”

The 2023 FORTUNE World's Most Admired Company survey was conducted in the fall of 2022 among executives, directors and analysts in 52 industries. The annual poll assessed nine reputation drivers considered to be crucial to a company's global success: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services and global competitiveness.

The full list of 2023 FORTUNE World's Most Admired Companies and survey methodology can be found on fortune.com.

About MassMutual

MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. Founded in 1851, the company has been continually guided by one consistent purpose: we help people secure their future and protect the ones they love. With a focus on delivering long-term value, MassMutual offers a wide range of protection, accumulation, wealth management and retirement products and services. For more information, visit massmutual.com.

Contacts

msanoja25@massmutual.com

Industry:

MassMutual

Release Summary
MassMutual named to 2023 FORTUNE World's Most Admired Company list
Release Versions
English

Contacts

msanoja25@massmutual.com

More News From MassMutual

MassMutual Names Mo McNally Incoming Head of Community Responsibility and President & CEO of the MassMutual Foundation

SPRINGFIELD, Mass.--(BUSINESS WIRE)--MassMutual today announced that experienced corporate social responsibility leader Mo McNally has been appointed Head of Community Responsibility and President & CEO of the MassMutual Foundation, effective January 1, 2027. McNally will succeed Dennis Duquette, who will retire at the end of this year after leading MassMutual’s community responsibility efforts and serving as President & CEO of the MassMutual Foundation for the past 10 years. Following...

MassMutual Ventures Commits to Launch $150 Million Climate Technology Fund II

BOSTON--(BUSINESS WIRE)--MassMutual Ventures (MMV) today announced the launch of Climate Technology Fund II (CTF II), a $150 million venture capital fund that will invest in early-stage companies using climate technology and artificial intelligence to improve real assets, including energy infrastructure, real estate, and natural resources. CTF II will invest in companies based in North America developing physical and digital technologies that help owners and operators of real assets improve per...

MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel

CINCINNATI--(BUSINESS WIRE)--MassMutual Ascend today announced it has surpassed $2 billion in lifetime advisory annuity sales, a significant milestone that underscores the growing adoption of advisory annuities within the registered investment advisor (RIA) channel. The achievement has been driven by strong partnerships with more than 1,700 investment advisor representatives from nearly 1,000 different RIAs who write annuity business with MassMutual Ascend, as well as firms increasingly embraci...
Back to Newsroom