Boston Mutual Life Insurance Company Celebrates Recognition as One of Massachusetts' Top Charitable Companies

On September 10, 2025, the Boston Mutual Life Insurance Company was honored at the Boston Business Journal's Corporate Citizenship Awards, achieving recognition for its commitment to philanthropy in Massachusetts. This recognition highlights the insurance provider's sustained efforts to engage in community support and charitable initiatives over the years.

Boston Mutual Life Insurance has been a significant player in the insurance sector since its inception in 1891. Providing tailored insurance solutions for working families, the company has established a deep connection with community welfare and engagement, vital to its mission as a mutual organization. At this year’s awards, Boston Mutual was recognized as the 87th charitable contributor among the top companies in Massachusetts, sharing the spotlight with esteemed fellow honorees.

The annual Corporate Citizenship Awards by the Boston Business Journal celebrate organizations that prioritize corporate social responsibility. This year, a remarkable 99 companies made the list for their contributions of $100,000 or more to Massachusetts-based charities in 2024, altogether donating over $416 million in cash. The event serves to recognize businesses that contribute not only financially but also in volunteer hours, furthering the spirit of community service.

Boston Mutual Life’s corporate program, aptly named 'Making An Impact', celebrated its anniversary this past May, having contributed over 1,500 volunteer hours and around $1.75 million to various charitable causes across the nation. Massachusetts and Nebraska, where the company maintains its offices, are among the primary beneficiaries of their philanthropic efforts.

Carolyn Jones, Market President and Publisher of the Boston Business Journal, expressed her pride in honoring those organizations committed to social contribution. She remarked on the significant role these companies play in improving lives and communities by giving their time and resources.

Paul A. Quaranto, Jr., Boston Mutual's Chair and CEO, expressed gratitude for the repeated recognition by the BBJ, stating, "It is a privilege to be acknowledged for the seventh consecutive year. Our values as a mutual company are deeply rooted in the commitment to giving back. I am continually inspired by our employees' dedication to effecting change in the communities we serve." This statement reflects the company's culture, where social responsibility and community engagement are integrated into the corporate framework.

This accolade not only underscores Boston Mutual Life Insurance Company’s dedication to philanthropy but also illustrates how businesses can effectively contribute to societal development. The ongoing recognition of their efforts is a testament to the importance of corporate engagement in social issues. The future for Boston Mutual promises further initiatives aimed at making a lasting impact.

To explore more about Boston Mutual Life Insurance Company and their initiatives, visit their official website at www.bostonmutual.com. For insights into their corporate citizenship efforts, check the 'Making An Impact' section on their site.

Topics General Business)

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