Key Points:
• Grant D. Ward, Sr. is appointed as the new President and Chief Operating Officer (COO) of Boston Mutual Life Insurance Company, effective January 1, 2025.
• He is the eighth president in the company’s 133-year history, succeeding Paul A. Quaranto Jr. as President.
• Paul A. Quaranto Jr. will continue to serve as CEO and Chair of the Board of Directors.
Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, has appointed a new President and Chief Operating Officer (COO). Grant D. Ward, Sr., JD, will take over the role on January 1, 2025, making him the eighth president in the company’s 133-year history. Ward will succeed Paul A. Quaranto Jr., who will continue to serve as CEO and Chair of the Board of Directors.
Ward’s appointment comes after a long and successful track record at Boston Mutual Life. "Grant Ward is the right leader at the right time for Boston Mutual Life," said Paul A. Quaranto Jr., Chair, CEO, and President at Boston Mutual Life Insurance Company. "His exceptional leadership, deep understanding of our mission, and steadfast commitment to our values have been pivotal to the company’s success." Quaranto praised Ward’s ability to lead the company with a strong sense of purpose, and his understanding of the company’s mission to provide innovative insurance solutions to individuals and organizations.
Ward’s leadership has been instrumental in driving the company’s growth and success. Under his guidance, the company has expanded its product offerings and distribution channels, while maintaining a commitment to its core values of integrity, innovation, and customer service. Throughout his tenure, Ward has been a steadfast advocate for the company’s rural customers, and has played a leading role in the development of new products and programs aimed at serving the needs of small and medium-sized businesses.
As COO, Ward will be responsible for the day-to-day operations of the company, and will work closely with Quaranto to drive the company’s overall strategy and direction. Ward brings a wealth of experience to his new role, having spent over two decades in the insurance industry, with a focus on life insurance and related services. His appointment is seen as a natural fit for the company, given his deep understanding of the industry and his leadership skills.
In his new role, Ward will be responsible for overseeing the company’s operations, including its sales, marketing, and customer service functions. He will also play a key role in setting the company’s strategic direction, working closely with Quaranto and the Board of Directors to shape the company’s future development and growth. As the company continues to evolve and adapt to changing market conditions, Ward’s leadership and expertise will be critical in ensuring the company’s continued success and growth.
Boston Mutual Life Insurance Company has a long and storied history, dating back to 1887. With a commitment to providing innovative insurance solutions to individuals and organizations, the company has built a reputation for trust, integrity, and customer service. The appointment of Grant D. Ward, Sr. as President and COO is seen as a significant milestone in the company’s history, marking a new chapter in its ongoing growth and success.
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