We mined MassMutual's acquisitions, investments, partnerships, and joint ventures to discern the company's strategic priorities.
MassMutual is one of the world’s largest life insurers, with over $1T of life insurance coverage issued to policyowners as of year-end 2023.
Its corporate venture arm, MassMutual Ventures, was among the top 25 most active CVC firms in 2023, backing 22 companies. Insurance sales are MassMutual’s foundational growth driver, so the company prioritizes investments to serve policyholders — and sell more insurance.
But its reach extends far beyond core life insurance. The company also offers annuities, retirement plans, and other financial products to businesses and consumers.
MassMutual is increasingly focused on asset management, particularly through its Barings subsidiary, and is actively investing to expand its capital markets footprint. This focus aligns with broader efforts shared by industry giants like Generali and Prudential to fuel growth through a diversified insurance and asset management business mix.
Using CB Insights data, we uncovered the 5 most important strategic priorities highlighted by MassMutual’s recent acquisitions, investments, and partnerships. We then categorized companies by their business relationships with MassMutual across these priorities.
- B2B financial software
- B2C financial services
- Capacity providers
- Capital markets
- Health risk management
Want to see more research? Join a demo of the CB Insights platform.
If you’re already a customer, log in here.
