Embracing Innovation
As a mutual company, we strive to do right by those we serve. This means that we not only help our clients secure their financial futures, but we also innovate to support their evolving needs for years to come.
Long Live You
Through a series of pilot programs, MassMutual has offered eligible clients smart, preventive solutions — including early cancer detection, DNA-based health insights, and a cutting-edge AI-driven mental health tool — that support physical and emotional well-being, helping people aim for healthier and longer lives.
Empowering Clients Through Health and Wellness Programs
Over the past year, the MassMutual Wellness program has offered a growing number of clients the opportunity to learn about potential health risks, seek out appropriate interventions, understand mental health concerns, and invest in healthier behaviors and lifestyles.
Participation in these programs is completely voluntary and available at no extra cost. Additionally, any findings have no impact on clients’ current policies or premiums, and privacy and protection are a top priority.
Making Early Cancer Detection Accessible to More People
Through our partnership with GRAIL, an organization working to change the trajectory of cancer mortality, we have helped clients detect cancer early on, when it can be better treated. Following a successful limited pilot of GRAIL’s Galleri® multi-cancer early detection test in 2023, we expanded the pilot by offering this critical resource to additional clients in 2024.
Detecting Genetic Risk for a Broader Range of Health Concerns
In 2024, MassMutual expanded upon the partnership with Genomics, a risk identification and prevention platform that helps people learn their genetic predisposition to certain diseases and take action, potentially decades before the onset of symptoms.
Improving Access to Mental Health Support
Today, one in five U.S. adults lives with mental illness,See footnote 30 underscoring the urgent need for resources to help people deal with stressors and daily challenges.
In 2024, MassMutual became the first U.S. insurer to offer clients free access to Wysa Assure, an AI-powered conversational mental health app that makes everyday support accessible 24/7 through its clinically validated chat tool. In addition to their free subscription to Wysa, eligible clients also have access to a well-being score that helps them stay focused on their mental and emotional health.
Expanding Availability of the MassMutual WELL Rider
In 2024, we increased availability of the MassMutual Wellness-Enhanced Lifestyle and Longevity (WELL) Rider — an optional offering that gives eligible MassMutual term life insurance clients the opportunity to earn rewards for healthy behaviors — making it available not only to new clients but also to those with in-force policies.
Learn more about our efforts to increase client wellness.
Supporting Bold New Futures Through MassMutual Ventures
MassMutual Ventures (MMV), our multistage, global venture capital firm, is an important vehicle through which MassMutual gains insights into new trends, technologies, and solutions that are being developed across the world. Encompassing a team of investment professionals, former entrepreneurs, and operators with deep experience in starting and scaling companies, the team invests across the financial technology, enterprise software as a service, cybersecurity, health technology, and climate technology sectors.
MMV continues to back founders building category-defining companies that are fundamentally transforming their industries. With $1 billion in AUM, MMV invested in 12 new companies, made follow-on investments into 14 existing portfolio companies, and made a number of secondary investments during 2024.
Positioning Massachusetts as a Fintech Hub
Amid rapid technological change and geopolitical uncertainty, the need to continuously innovate is greater than ever before.
Since 2018, MassMutual has partnered with startups and talented entrepreneurs to address real-world challenges, such as fostering financial inclusion, ensuring education for all, and enabling digitalization. We continue to sponsor MassChallenge, a global startup accelerator, which yielded 10 startup engagements and invested $20 million in startups in 2024.
In addition to our sponsorship of MassChallenge, we support Mass FinTech Hub, a public-private partnership comprising a network of fintech leaders, financial experts, academics, public sector leaders, and venture capitalists who empower fintech startups to achieve success. Mass Fintech Hub conducts career fairs, mentorship programs, and boot camps, attracting and retaining top talent from across the state.
In 2024, Sears Merritt, MassMutual’s Head of Enterprise Technology and Experience, was named one of two co-chairs of Mass Fintech Hub. In this role, Merritt will help drive a new strategic vision for the Hub and strengthen the state’s fintech ecosystem with programming that builds community, attracts investment, develops talent, and seeds collaboration.
In October 2024, MassMutual sponsored Boston Fintech Week, an inclusive conference hosted by the Fintech Sandbox and attended by thousands of industry leaders and emerging fintech startups from around the world. This year, Boston Fintech Week brought together more than 125 speakers and 5,600 registrants from 10 countries to explore the most exciting advances in the industry.
