Would be the insurer’s eighth president in firm’s 133-year historical past
Boston Mutual Life Insurance coverage Firm has introduced that Grant D. Ward, Sr., JD, has been named President and Chief Working Officer (COO) at Boston Mutual Life Insurance coverage Firm, efficient January 1, 2025. Mr. Ward is the eighth president within the firm’s 133-year historical past. He’ll succeed Paul A. Quaranto, Jr., as President, who will proceed to function the corporate’s Chief Govt Officer (CEO) and Chair of the Board of Administrators.
“Grant Ward is the fitting chief on the proper time for Boston Mutual Life,” mentioned Paul A. Quaranto, Jr., Chair, CEO, and President at Boston Mutual Life Insurance coverage Firm. “His distinctive management, deep understanding of our mission, and steadfast dedication to our values have been pivotal to the corporate’s success. I’m assured that below Grant’s management, Boston Mutual Life will form its subsequent chapter of development and success and attain new heights.”
The announcement follows a complete succession planning course of carried out by the corporate’s Board of Administrators, which included session with exterior advisors and consideration of a robust pool of inside and exterior candidates.
Mr. Ward has served as a member of Boston Mutual Life’s management staff since becoming a member of the corporate in 2016. His most up-to-date roles embrace Common Counsel & Secretary, Govt Vice President – Buyer Expertise, Claims, Authorized & Compliance, Common Providers, and Services.
“I’m honored and humbled by this chance to function President and COO of Boston Mutual Life,” mentioned Grant Ward. “Our firm has a wealthy legacy and a vibrant future. I look ahead to working alongside our gifted groups throughout the group to proceed driving success and delivering worth to all of our stakeholders.”
Previous to becoming a member of Boston Mutual Life, Mr. Ward served in numerous roles at SBLI of Massachusetts, MetLife Monetary Providers, Deloitte, FINRA, John Hancock Monetary Providers, the U.S. Securities and Change Fee, and Dow Lohnes PLLC. He holds a bachelor’s diploma from
Howard College and a Physician of Regulation diploma from DePaul Faculty of Regulation. Moreover, he’s a graduate of the LIMRA Strategic Management Expertise at The Wharton College of Enterprise.
Along with his skilled accomplishments, Mr. Ward is actively engaged in business management and group service. He has represented Boston Mutual Life with business organizations together with the American Council of Life Insurers (ACLI) and the Life Insurance coverage Affiliation of Massachusetts (LIAM). He has additionally served as a mentor and volunteer for organizations reminiscent of Large Brothers Large Sisters of Jap Massachusetts, Conexion, and My Brother’s Keeper in Easton, Massachusetts.
“Grant has constantly demonstrated a deep understanding of who we’re, what we do, and why we do it,” mentioned Mr. Quaranto. “He has been a driving power in modernizing how we function to learn all our stakeholders. With Grant’s oversight in his new function, we are going to stay dedicated to offering peace of thoughts and delivering on our guarantees to all these we serve.”
