Massachusetts Mutual Life Insurance Company (MassMutual)

OverviewSuggest Edit

Massachusetts Mutual Life Insurance Company (MassMutual) is a mutual life insurance company. It provides financial products such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities.
TypePrivate
Founded1851
HQSpringfield, US
Websitemassmutual.com

Locations

Massachusetts Mutual Life Insurance Company (MassMutual) is headquartered in
Springfield, United States

Location Map

Latest Updates

Employees (est.) (Sept 2020)11,945
Job Openings107
Revenue (FY, 2019)$32.6 B
Cybersecurity ratingBMore

Key People/Management at Massachusetts Mutual Life Insurance Company (MassMutual)

Roger Crandall

Roger Crandall

Chairman, President and Chief Executive Officer
Susan Cicco

Susan Cicco

Head of Human Resources and Employee Experience
Geoffrey Craddock

Geoffrey Craddock

Chief Risk Officer
Timothy Corbett

Timothy Corbett

Chief Investment Officer
Michael Fanning

Michael Fanning

Head of MassMutual U.S.
Pia Flanagan

Pia Flanagan

Chief of Staff to the CEO
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Massachusetts Mutual Life Insurance Company (MassMutual) Office Locations

Massachusetts Mutual Life Insurance Company (MassMutual) has offices in Springfield, Boston, Enfield, New York and in 1 other location
Springfield, US (HQ)
1295 State St
Boston, US
470 Atlantic Ave
Enfield, US
100 Bright Meadow Blvd
New York, US
60 Madison Ave
Phoenix, US
11001 N Black Canyon Hwy
Show all (5)

Massachusetts Mutual Life Insurance Company (MassMutual) Financials and Metrics

Summary Metrics

Founding Date

1851
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Massachusetts Mutual Life Insurance Company (MassMutual) Revenue

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Massachusetts Mutual Life Insurance Company (MassMutual)'s revenue was reported to be $32.60 b in FY, 2019 which is a 0.4% increase from the previous period.
USD

Revenue (H1, 2020)

17.3b

Gross profit (H1, 2020)

1.3b

Gross profit margin (H1, 2020), %

7.5%

Net income (H1, 2020)

(848.0m)

Cash (30-Jun-2020)

13.7b
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

26.1b32.5b32.6b

Revenue growth, %

24%0%

Cost of goods sold

20.3b26.8b26.2b

Gross profit

5.8b5.7b6.4b
Half Year
USDH1, 2018H1, 2019H1, 2020

Revenue

15.4b15.1b17.3b

Cost of goods sold

12.6b12.1b16.0b

Gross profit

2.8b3.0b1.3b

Gross profit Margin, %

18%20%8%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

3.9b4.7b4.3b

Total Assets

251.8b254.8b279.9b

Total Liabilities

236.1b239.2b261.0b

Common Stock

12.4b10.3b15.0b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Cash From Operating Activities

8.3b6.5b8.9b

Cash From Investing Activities

(8.4b)(7.0b)(9.3b)

Cash From Financing Activities

65.0m1.3b(98.0m)

Net Change in Cash

(11.0m)794.0m(416.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash From Operating Activities

1.2b2.8b5.1b2.1b3.4b5.7b2.0b4.5b

Cash From Investing Activities

(1.2b)(2.5b)(7.7b)(2.7b)(5.5b)(6.2b)(1.2b)(4.2b)

Cash From Financing Activities

(367.0m)722.0m371.0m(505.0m)114.0m1.3b7.8b9.0b

Net Change in Cash

(283.0m)984.0m(2.2b)(1.0b)(2.0b)816.0m8.6b9.4b
USDFY, 2017

Revenue/Employee

2.2m

Financial Leverage

16 x
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Massachusetts Mutual Life Insurance Company (MassMutual) Operating Metrics

Massachusetts Mutual Life Insurance Company (MassMutual)'s Assets Under Management was reported to be $567b in FY, 2019.
FY, 2017FY, 2018FY, 2019Sep, 2020

Assets Under Management

$771 b$702 b$567 b

Patent Applications

11

Patents Issued

127

Trademarks (US)

72
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Massachusetts Mutual Life Insurance Company (MassMutual) Acquisitions / Subsidiaries

Company NameDateDeal Size
C.M. Life Insurance Company
MML Bay State Life Insurance Company

Massachusetts Mutual Life Insurance Company (MassMutual) Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Massachusetts Mutual Life Insurance Company (MassMutual) Online and Social Media Presence

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Massachusetts Mutual Life Insurance Company (MassMutual) Frequently Asked Questions

  • When was Massachusetts Mutual Life Insurance Company (MassMutual) founded?

    Massachusetts Mutual Life Insurance Company (MassMutual) was founded in 1851.

  • Who are Massachusetts Mutual Life Insurance Company (MassMutual) key executives?

    Massachusetts Mutual Life Insurance Company (MassMutual)'s key executives are Roger Crandall, Susan Cicco and Geoffrey Craddock.

  • How many employees does Massachusetts Mutual Life Insurance Company (MassMutual) have?

    Massachusetts Mutual Life Insurance Company (MassMutual) has 11,945 employees.

  • What is Massachusetts Mutual Life Insurance Company (MassMutual) revenue?

    Latest Massachusetts Mutual Life Insurance Company (MassMutual) annual revenue is $32.6 b.

  • What is Massachusetts Mutual Life Insurance Company (MassMutual) revenue per employee?

    Latest Massachusetts Mutual Life Insurance Company (MassMutual) revenue per employee is $2.7 m.

  • Who are Massachusetts Mutual Life Insurance Company (MassMutual) competitors?

    Competitors of Massachusetts Mutual Life Insurance Company (MassMutual) include Colonial Life, Northwestern Mutual and MetLife.

  • Where is Massachusetts Mutual Life Insurance Company (MassMutual) headquarters?

    Massachusetts Mutual Life Insurance Company (MassMutual) headquarters is located at 1295 State St, Springfield.

  • Where are Massachusetts Mutual Life Insurance Company (MassMutual) offices?

    Massachusetts Mutual Life Insurance Company (MassMutual) has offices in Springfield, Boston, Enfield, New York and in 1 other location.

  • How many offices does Massachusetts Mutual Life Insurance Company (MassMutual) have?

    Massachusetts Mutual Life Insurance Company (MassMutual) has 5 offices.