Mutual Life Insurance Company

SBLI Launches Mobile E-Ticket with IXN Focused on Accelerated Underwritten Life Products

Retrieved on: 
Monday, December 14, 2020
Software, Insurance, Internet, Finance, Banking, Professional services, Technology, Mobile, Wireless, Insurance, Life insurance, IXN, Mutual Life Insurance Company

Life insurance distributors now have the ability to quickly and easily submit electronic applications digitally for SBLIs best-in-class term products with IXNs award-winning e-ticket solution.

Key Points: 
  • Life insurance distributors now have the ability to quickly and easily submit electronic applications digitally for SBLIs best-in-class term products with IXNs award-winning e-ticket solution.
  • The IXN platform is the perfect vehicle for SBLIs industry-leading products, said Denis Clifford, Senior Vice President and Chief Distribution Officer at SBLI.
  • SBLIs Accelerated Underwriting is now a seamless digital process from start to finish on the IXN platform.
  • For over 110 years, SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) has specialized in providing hassle-free, affordable life insurance.

Boston Mutual Life Insurance Company Acquires IT Outsourcing Service from Onyx Data Solutions

Retrieved on: 
Tuesday, December 1, 2020
Articles, Business, Economy, Mutual Life Insurance Company, Outsourcing, Insurance

CANTON, Mass., Dec. 1, 2020 /PRNewswire/ -- Boston Mutual Life Insurance Company , a national provider of insurance solutions for individuals and at the workplace, today announced the acquisition of the Information Technology (IT) Outsourcing Service from long-term partner Onyx Data Solutions , a technology company engaged in the business of IT strategy, development, management, and consulting.

Key Points: 
  • CANTON, Mass., Dec. 1, 2020 /PRNewswire/ -- Boston Mutual Life Insurance Company , a national provider of insurance solutions for individuals and at the workplace, today announced the acquisition of the Information Technology (IT) Outsourcing Service from long-term partner Onyx Data Solutions , a technology company engaged in the business of IT strategy, development, management, and consulting.
  • As part of the acquisition, the IT Outsourcing Service staff were offered and accepted positions at Boston Mutual Life, adding 26 employees to the organization.
  • "We are pleased that the entire Onyx Data Solutions IT Operations team will be a part of our organization and we welcome them to the Boston Mutual Life family," said Paul A. Quaranto, Jr., Chairman, CEO and President at Boston Mutual Life Insurance Company.
  • Founded as a progressive life insurance company in 1891, Boston Mutual Life Insurance Company is a national carrier that provides insurance solutions designed for working Americans and their families, as well as enrollment and billing options at the workplace.

Northwestern Mutual Contributes $225,000 to Local Nonprofits

Retrieved on: 
Monday, November 23, 2020
Finance, Money, United States securities law, Financial markets, Northwestern Mutual, Brokerage firms, Financial adviser, Securities Investor Protection Corporation, Broker-dealer, Insurance, Financial Industry Regulatory Authority, Mutual Life Insurance Company

Since the launch of Days of Sharing in 2007, the Northwestern Mutual Foundation has provided more than 400 grants totaling more than $2 million in funding on behalf of its employees.

Key Points: 
  • Since the launch of Days of Sharing in 2007, the Northwestern Mutual Foundation has provided more than 400 grants totaling more than $2 million in funding on behalf of its employees.
  • The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM)(life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries in Milwaukee, WI.
  • Subsidiaries includeNorthwestern Mutual Investment Services, LLC(investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (investment advisory and trust services), a federal savings bank; and Northwestern Long Term Care Insurance Company.

New York Life Announces Second Largest Dividend in Company History with $1.8 Billion Total Dividend Payout to Policy Owners in 2021

Retrieved on: 
Thursday, November 19, 2020
Consulting, Professional services, Insurance, Finance, Types of insurance, Dividend, Shareholders, New York Life Insurance Company, Mutual Life Insurance Company, Life insurance, Insurance, Cooperatives, Finance, Demutualization

New York Life, Americas largest mutual life insurer1, today announced that the company has declared a dividend payout of $1.8 billion to eligible participating policyholders in 2021, the second largest in company history.

Key Points: 
  • New York Life, Americas largest mutual life insurer1, today announced that the company has declared a dividend payout of $1.8 billion to eligible participating policyholders in 2021, the second largest in company history.
  • NYL My Care policy owners who have reached their third policy anniversary will receive a dividend in 20218.
  • For policy owners, the 2021 dividend payout confirms their decision to purchase participating life insurance from New York Life.
  • New York Life Insurance Company ( www.newyorklife.com ), a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States1 and one of the largest life insurers in the world.

Northwestern Mutual Appoints Timothy H. Murphy and Andrew N. Nunemaker to Board of Trustees

Retrieved on: 
Wednesday, November 11, 2020
Northwestern Mutual, Mutual Life Insurance Company, Insurance, Service companies, Financial services

MILWAUKEE, Nov. 11, 2020 /PRNewswire/ -- Northwestern Mutual, a leading financial security company, announced today that Timothy H. Murphy and Andrew N. Nunemaker have been appointed to serve on the company's board.

Key Points: 
  • MILWAUKEE, Nov. 11, 2020 /PRNewswire/ -- Northwestern Mutual, a leading financial security company, announced today that Timothy H. Murphy and Andrew N. Nunemaker have been appointed to serve on the company's board.
  • Murphy is currently General Counsel for Mastercard and Nunemaker is Vice President of Product Development for Benefits Solutions at Applied Systems.
  • "Tim and Andy each bring valuable perspectives to our company's board," said Northwestern Mutual Chairman, President and Chief Executive Officer John E. Schlifske.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries.

Boston Mutual Life Named a Top Charitable Company in Massachusetts for Second Consecutive Year

Retrieved on: 
Tuesday, October 13, 2020
Mutual Life Insurance Company, Mutual organization, Mutual, Cooperatives, Organizations, Liberty Mutual, Financial services, FM Global

Headquartered in Massachusetts, Boston Mutual Life donated more than$210,000across the state in 2019 as part of its total contributions to national and regional organizations.

Key Points: 
  • Headquartered in Massachusetts, Boston Mutual Life donated more than$210,000across the state in 2019 as part of its total contributions to national and regional organizations.
  • Boston Mutual Life employees contributed 368 hours of their time to volunteer for worthy causes.
  • Founded as a progressive life insurance company in 1891, Boston Mutual Life Insurance Company is a national carrier that provides insurance solutions designed for working Americans and their families, as well as enrollment and billing options at the workplace.
  • With its home office based inCanton, Massachusetts, as a mutual company, Boston Mutual Life is dedicated to acting in the best interests of its policyholders, producers, employees, and its communities.

Northwestern Mutual to Host First-of-its-Kind Virtual Women in Tech Conference

Retrieved on: 
Monday, October 12, 2020
Northwestern Mutual, Mutual Life Insurance Company, Insurance, Financial services

MILWAUKEE, Oct. 12, 2020 /PRNewswire/ --Northwestern Mutual today announced the company will host its first Women in Tech Conference on December 3.

Key Points: 
  • MILWAUKEE, Oct. 12, 2020 /PRNewswire/ --Northwestern Mutual today announced the company will host its first Women in Tech Conference on December 3.
  • "We're thrilled to host our first Women in Tech Conference to provide real opportunities to connect, educate and inspire women in technologyand continue to advance diversity and inclusion within our company, communities and the industry."
  • Additionally, CIOs and CTOs from Northwestern Mutual, Dell, Verizon Media and HP will hold a roundtable discussion.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM) (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries in Milwaukee, WI.

Northwestern Mutual Dedicates More Than $3 Million to Strengthen Milwaukee Cultural Attractions

Retrieved on: 
Thursday, October 8, 2020
Finance, Money, United States securities law, Financial markets, Northwestern Mutual, Financial adviser, Securities Investor Protection Corporation, Broker-dealer, Mutual Life Insurance Company, Insurance, Financial Industry Regulatory Authority, Mutual of Omaha

Themission of the Northwestern Mutual Foundation is to improve the lives of children and families in need.

Key Points: 
  • Themission of the Northwestern Mutual Foundation is to improve the lives of children and families in need.
  • Northwestern Mutual has been helping people and businesses achieve financial security for morethan 160 years.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM)(life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries in Milwaukee, WI.
  • Subsidiaries includeNorthwestern Mutual Investment Services, LLC(investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (investment advisory and trust services), a federal savings bank; and Northwestern Long Term Care Insurance Company.

Northwestern Mutual Announces New Senior Leadership Appointments

Retrieved on: 
Monday, October 5, 2020
Northwestern Mutual, Financial services in the United States, Mutual Life Insurance Company, Insurance, Financial services, Edward J. Zore

MILWAUKEE, Oct.5, 2020 /PRNewswire/ -- Northwestern Mutual Chairman, President and CEO John Schlifske today announced senior leadership changes to support the company's strategy and ensure growth and development opportunities for leaders.

Key Points: 
  • MILWAUKEE, Oct.5, 2020 /PRNewswire/ -- Northwestern Mutual Chairman, President and CEO John Schlifske today announced senior leadership changes to support the company's strategy and ensure growth and development opportunities for leaders.
  • The following leadership changes were recently approved by the Northwestern Mutual Board of Trustees:
    Ron Joelson, chief investment officer since 2012, will take on the newly created role of president Northwestern Mutual Investment Management Company.
  • Williams-Kemp will be the first woman and African-American at Northwestern Mutual to assume leadership of all risk product lines and annuities.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries.

Northwestern Mutual Invests $2.5 Million in Education to Bolster Diverse Talent in Milwaukee

Retrieved on: 
Thursday, October 1, 2020
Finance, Money, United States securities law, Financial markets, Northwestern Mutual, Securities Investor Protection Corporation, Financial adviser, Mutual Life Insurance Company, Broker-dealer, Financial Industry Regulatory Authority, Insurance, Mutual of Omaha

Northwestern Mutual recently announced its partnership with All-In Milwaukee, a college completion and career placement program, to fund its Talent of the Future program.

Key Points: 
  • Northwestern Mutual recently announced its partnership with All-In Milwaukee, a college completion and career placement program, to fund its Talent of the Future program.
  • Beyond disparities in education, Northwestern Mutual is committed to fighting racism and discrimination in all forms.
  • Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM) (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries in Milwaukee, WI.
  • Subsidiaries include Northwestern Mutual Investment Services, LLC (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company (investment advisory and trust services), a federal savings bank; and Northwestern Long Term Care Insurance Company.