SPRINGFIELD, Mass., Dec. 29, 2008 – Massachusetts Mutual Life Insurance Company (MassMutual) today announced that it has appointed James (Jim) Jacobsen vice president, sales, health and executive benefits in the company’s U.S. Insurance Group.
Mr. Jacobsen is responsible for leading MassMutual’s U.S. sales team for executive group life, disability income insurance, and long term care insurance. He will be focused on strengthening MassMutual’s operations through training and specialized services and programs to further grow career and brokerage sales at the company. He reports to Lise Hicks, vice president, sales, in the U.S. Insurance Group.
“Jim’s deep industry knowledge, sales management track record, and product management expertise perfectly complement our distribution leadership team and experienced sales force,” said Burv Pugh, Senior Vice President, MassMutual. “His entrepreneurial spirit and background in individual and institutional sales for individual and group disability, accident and life products deepens our bench strength and positions MassMutual for continued growth in this market.”
Mr. Jacobsen brings more than 22 years of industry experience to his new role at MassMutual. He joined MassMutual from CIGNA, where he most recently served as vice president, product development for integrated health and disability products. Prior, Mr. Jacobsen held management positions with MetLife and Paul Revere. He has a B.A. from Gettysburg College.
About MassMutual
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual and its subsidiaries had more than $500 billion in assets under management at year-end 2007. Assets under management include assets and certain external investment funds managed by MassMutual's subsidiaries.
Founded in 1851, MassMutual is a mutually owned financial protection, accumulation and income management company headquartered in Springfield, Mass. MassMutual's major affiliates include: OppenheimerFunds, Inc.; Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MML Investors Services, Inc., member FINRA and SIPC (www.finra.org and www.sipc.org); MassMutual International LLC and The MassMutual Trust Company, FSB.