MassMutual named one of the 2018 World’s Most Ethical Companies by the Ethisphere Institute for the 5th consecutive year

By a News Reporter-Staff News Editor at Insurance Weekly News -- Massachusetts Mutual Life Insurance Company (MassMutual) has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World's Most Ethical Companies.

MassMutual has been recognized for 5 consecutive years and is one of only 3 honorees in the life insurance industry, underscoring the company's commitment to leading with integrity and prioritizing ethical business practices. To be named one of the World's Most Ethical Companies, the Ethisphere Institute measures a company's corporate governance, compliance and ethics program, citizenship, sustainability, corporate responsibility, leadership, innovation and reputation.

"MassMutual's commitment to ethics and integrity has been in place since we wrote our first policy more than 166 years ago," said Roger Crandall, Chairman, President and CEO. "Being named one of the World's Most Ethical Companies for the 5th consecutive year is an honor for our talented, dedicated employees and advisors who work hard each day to do the right thing, and reflects the confidence and trust that our five million customers have placed in us."

In 2018, 135 honorees were recognized, spanning 23 countries and 57 industries. The twelfth class of honorees had record levels of involvement with their stakeholders and their communities around the world. Measuring and improving culture, leading authentically and committing to transparency, diversity and inclusion were all priorities for honorees.

"While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society's strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World's Most Ethical Companies in particular continued to show exemplary leadership," explained Ethisphere's CEO, Timothy Erblich. "I congratulate everyone at MassMutual for being recognized as one of the World's Most Ethical Companies."

Last month, MassMutual was named a World's Most Admired Company by FORTUNE® Magazine* and was the top-ranked mutual company in the life and health insurance industry category. Leading in innovation, MassMutual also ranked in the top three for people management, use of corporate assets, quality of management, social responsibility and financial soundness in its industry.

Keywords for this news article include: MassMutual, Insurance Companies.

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