Joseph Sullivan has joined the mutual insurer as its newest vice president
Boston Mutual Life Insurance announced the addition of Joseph W. Sullivan this month to its growing roster. The Canton-based insurer has appointed Mr. Sullivan as Vice President – Chief Underwriting and Product Officer. In this newly created role, Mr. Sullivan will join a new department, created to integrate the life insurer’s current General Agencies and Workplace Solutions underwriting teams into a highly effective, cross-trained risk assessment and pricing organization.
“With his extensive experience in the insurance industry, Joseph Sullivan will play an integral role in expanding our underwriting expertise, product initiatives, and strengthening our position in the market,” said Paul A. Quaranto, Jr., Chairman, Chief Executive Officer and President at Boston Mutual Life Insurance Company. “As we continue to invest in the resources to support our constituents, and as we move forward with the next growth phase of our Workplace Solutions and General Agencies divisions, we’ve built a strong foundation to maintain our positive momentum.”
Mr. Sullivan’s responsibilities will include assuming responsibility for managing and expanding the company’s existing product capabilities, the company’s underwriting and product development efforts, creating a strategic vision, objectives, and operational plans for an integrated underwriting and product department.
Prior to his appointment with Boston Mutual, Mr. Sullivan was the Chief Executive Officer, U.S. Accident Division, at Pan-American Life Insurance Company in Shrewsbury, Massachusetts. Previous positions also include roles at Greenwood International Insurance Services, Inc., including serving as Chief Executive Officer from 2011 through 2015. In his addition to his executive positions, Mr. Sullivan also has extensive underwriting experience garnered during his time at various insurers including Health Reinsurance Management Partnership, The New England, UNUM, and State Mutual.
A graduate of Stonehill College in Easton, Mr. Sullivan also obtained his law degree from Suffolk University in Boston. He is a member of the Board of Advisors for Advanced Medical Strategies (AMS) in Lynnfield, Massachusetts as well as a current member of the Massachusetts Reinsurance Bar Association. Mr. Sullivan has also served as Adjunct Professor at Western New England College in Springfield and is a member of the Our Lady of the Rosary Finance Committee in Worcester.