Boston Mutual Life Insurance Names Grant D. Ward, Sr. President and COO
CANTON, Mass., December 3, 2024 – Boston Mutual Life Insurance Company, a national provider of insurance solutions, announced today the appointment of Grant D. Ward, Sr., JD, as President and Chief Operating Officer (COO), effective January 1, 2025. Ward becomes the eighth president in the company’s 133-year history.
Ward will succeed Paul A. Quaranto, Jr., who will remain 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 Quaranto. “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 followed a comprehensive succession planning process conducted by the Board of Directors, which included consultation with external advisors and consideration of both internal and external candidates.
Ward has been a member of Boston Mutual Life’s leadership team since 2016, most recently serving as General Counsel & Secretary and Executive Vice President for 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 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, 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.
Beyond his professional achievements, Ward is actively engaged in industry leadership and community service. He represents Boston Mutual Life with organizations such as the American Council of Life Insurers (ACLI) and the Life Insurance Association of Massachusetts (LIAM). He also volunteers as a mentor for organizations like Big Brothers Big Sisters of Eastern Massachusetts, Conexion, and the My Brother’s Keeper program in Easton, Massachusetts.
“Grant has consistently demonstrated a deep understanding of who we are, what we do, and why we do it,” Quaranto added. “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 providing insurance solutions for working Americans and their families, as well as enrollment and billing options in the workplace. With offices in Canton, Massachusetts, and Omaha, Nebraska, Boston Mutual Life operates as a mutual company, prioritizing the interests of its policyholders, producers, employees, and communities.
Contact: Meredith D’Agostino Boston Mutual Life Insurance Company [email protected] (800) 669-2668 x276 Boston Mutual Life News Desk: [email protected]
