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Boston Mutual Life Insurance Company · Canton, MA United States

Company Description

120 Royall St.
Canton, MA
02021
United States (Map)
Phone: 781-828-7000
Fax: 781-770-0490
Toll Free: 800-669-2668
    What Boston Mutual knows about life insurance amounts to a whole lot more than a hill of beans. The company sells traditional group and individual life insurance, as well as disability and supplemental accident and illness coverage. The company distributes its products to individuals through its in-house General Agencies division, while its Group and Worksite Divisions distribute to employers. Additional products include employee assistance programs and voluntary supplemental insurance products. Boston Mutual has remained a mutual company since it was founded in 1891. To read the full description, subscribe now.
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    Key Boston Mutual Life Insurance Company Financials

    Company TypePrivate - Mutual Company

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$229.5
    Employees305

    Boston Mutual Life Insurance Company Executives

    14 executives listed for Boston Mutual Life Insurance Company's Canton, MA location.
    TitleName & BioContact
    President and CEOPaul PetryNetwork
    VP Technology, Operations, and ServiceEric BernazzaniNetwork
    VP, CFO, and Chief ActuaryClifford LangeNetwork

    Competition

    Competitive Landscape for Boston Mutual Life Insurance Company
    Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
    Top Boston Mutual Life Insurance Company Competitors
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