Company Profile
MassMutual Greater Richmond
Company Overview
As a General Agency of MassMutual, we are backed by a long-standing organization of experienced people, exceptional products and a realistic, needs-based approach to financial strategy. Along with MassMutual, we are committed to helping you meet your financial needs: protecting your family or business, building predictable retirement income, and knowing you will be financially prepared for the future.
Putting member and policyowner interests first
Founded in 1851, Massachusetts Mutual Life Insurance Company (MassMutual) is a leading mutual life insurance company operating for the benefit of its members and participating policyowners.
Through the most prosperous and turbulent of financial times, MassMutual’s mutual ownership structure has been the foundation for its business strategy and success. As a mutual company, MassMutual does not have shareholders. The Company is managed with the long-term interests of its policyowners and members in mind, and we strive every day to make decisions in order to meet their needs in the future.
Policyowners and members may benefit directly from the Company’s mutual ownership structure. For example, if you are the insured under a MassMutual participating whole life insurance policy, you are a member of the Company and entitled to vote for its board of directors. And if you are the owner of that participating policy, you may be eligible to share in any dividends the Company may declare.
A prudent investment philosophy
MassMutual seeks to generate long-term stable investment performance to support its financial strength and ability to meet its financial commitment to policyowners. In constructing and maintaining its asset portfolio, MassMutual adheres to its disciplined investment approach, which is grounded in the tenets of diversification, prudent security selection and relative value. As a mutual company, MassMutual is able to take a long-term view when investing, and focus less on short-term fluctuations in asset values.
Investing in businesses that benefit our policyowners
MassMutual's business structure is built to support its mutual ownership. MassMutual’s strategic investments in retirement, asset management and international insurance businesses can provide diverse sources of growth and earnings that have consistently helped it grow capital and enhance its dividend-paying ability. In addition, these businesses allow MassMutual to offer a broad spectrum of products and services to meet the financial needs of its clients through various life stages.
Financial strength ratings
MassMutual has consistently earned some of the highest financial strength ratings [http://www.massmutual.com/aboutmassmutual/financialinfo/ratings] of any company in any industry.
Awards & Recognition
MassMutual has been recognized by several organizations for excellence in a variety of areas. View some of MassMutual’s recent achievements:
MassMutual Ranks 76 on Annual Fortune 500 List
MM Scores 100 Percent on Corporate Equality Index
MassMutual is one of DiversityInc.’s Top 50 Companies for Diversity
MassMutual’s 2016 Dividend Payout
Company History
MassMutual was founded on May 15, 1851. And from the beginning, we’ve had a single purpose: to help people secure their future and protect the ones they love. More than 160 years later, that commitment remains our guiding principle. It’s behind everything we do and every decision we make. It’s how we continue to deliver products and services to help our policyowners and customers achieve their financial goals, and protect those who matter most.
MassMutual is a mutual company. That means we don’t have shareholders. Instead, our members and participating policyowners are often described as sharing in our ownership. This generally means that, if you’re insured under a MassMutual whole life insurance policy, for example, you are a member entitled to vote for our Board of Directors. And if you own that participating policy, you may be eligible to share in any dividends we may declare.
As a mutual company, we operate for the benefit of our members and participating policyowners. We manage the company with a focus on their long-term interests and are not subject to the expectations of Wall Street analysts or stockholders. Throughout our history, this focus on the long-term has helped us provide financial and retirement security to millions of people. And while they're not guaranteed, we've consistently paid dividends to eligible participating policyowners since the 1860s. Our success is reflected in our financial strength ratings, which are among the highest of any company in any industry.
Exceptional Service
We realize planning for your financial future might seem confusing, even daunting. And we understand how even broaching the subject can seem overwhelming. When you meet with one of our Financial Professionals, he or she will work with you to understand your goals and help you create a solid strategy to achieve them. The same approach holds true when you explore this site or call our award-winning call center. Our focus is always on your goals and how we can help you get there.
Products to Help You Meet Your Goals
When you’re in your 20s, your financial goals are often different than those of someone in their 40s. Or their 60s. Each person might want a comfortable retirement —
but that means different things to different people. And there are other goals that can emerge along the way, from planning for a child’s education, to planning for or managing income in retirement. That’s why we offer a range of financial strategies and solutions to help you every step of the way. Whether it’s life insurance, an annuity, a retirement savings product like a 401(k) or one of our other offerings, we’ll work with you to gain confidence, and stay flexible and prepared for your financial future.
Our History - https://www.massmutual.com/mmfg/160timeline/index.html
Benefits
Unlimited Earnings Potential