Boston Mutual Life Insurance Company Names Grant D. Ward, Sr. President and COO
CANTON, Mass., December 3, 2024 – Boston Mutual Life Insurance Company, a provider of insurance solutions, has announced the appointment of Grant D. Ward, Sr., JD, as its new President and Chief Operating Officer (COO). The appointment is effective January 1, 2025, and makes Mr. Ward the eighth president in the company’s 133-year history. He will succeed Paul A. Quaranto, Jr., who will continue to serve as Chief Executive Officer (CEO) and Chair of the Board of Directors.
“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. I am confident that under Grant’s leadership, Boston Mutual Life will shape its next chapter of growth and success and reach new heights.”
The decision follows a comprehensive succession planning process conducted by the company’s Board of Directors, including consultation with external advisors and an evaluation of both internal and external candidates. Mr. Ward has been a member of Boston Mutual Life’s leadership team since 2016, most recently serving as General Counsel & Secretary, Executive Vice President – Customer Experience, Claims, Legal & Compliance, General Services, and Facilities.
“I am honored and humbled by this opportunity to serve as President and COO of Boston Mutual Life,” said Grant Ward. “Our company has a rich legacy and a bright future. I look forward to working alongside our talented teams across the organization to continue driving success and delivering value to all of our stakeholders.”
Prior to joining Boston Mutual Life, Mr. Ward held various roles at SBLI of Massachusetts, MetLife Financial Services, Deloitte, FINRA, John Hancock Financial Services, the U.S. Securities and Exchange Commission, and Dow Lohnes PLLC. He holds a bachelor’s degree from Howard University and a Doctor of Law degree from DePaul College of Law. Additionally, he is a graduate of the LIMRA Strategic Leadership Experience at The Wharton School of Business.
Outside of his professional achievements, Mr. Ward is also actively engaged in industry leadership and community service. He has represented Boston Mutual Life with organizations such as the American Council of Life Insurers (ACLI) and the Life Insurance Association of Massachusetts (LIAM). He has also volunteered and mentored for organizations including Big Brothers Big Sisters of Eastern Massachusetts, Conexion, and My Brother’s Keeper in Easton, Massachusetts.
“Grant has consistently demonstrated a deep understanding of who we are, what we do, and why we do it,” said Mr. Quaranto. “He has been a driving force in modernizing how we operate to benefit all our stakeholders. With Grant’s oversight in his new role, we will remain committed to providing peace of mind and delivering on our promises to all those we serve.”
For more information about Boston Mutual Life Insurance Company, visit https://www.bostonmutual.com/.
About Boston Mutual Life Insurance Company
Founded in 1891, Boston Mutual Life Insurance Company is a national carrier offering insurance solutions for working Americans and their families. The company also provides enrollment and billing options in the workplace. With offices in Canton, Massachusetts, and Omaha, Nebraska, Boston Mutual Life is a mutual company dedicated to acting in the best interests of its policyholders, producers, employees, and communities. For more information, visit www.bostonmutual.com or contact a Boston Mutual Life representative.
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Media Contacts
Meredith D’Agostino Boston Mutual Life Insurance Company [email protected] (800) 669-2668 x276
Boston Mutual Life News Desk: [email protected]
