Paul Quaranto

Paul Quaranto is Chairman, Chief Executive Officer and President at Boston Mutual Life Insurance Company.

Under his leadership, Boston Mutual Life has achieved solid financial results and positioned itself for future success as a niche provider in the individual and workplace insurance markets.

In January 2012, Mr. Quaranto became President and Chief Operating Officer of the company. Continuing to serve as President, he was appointed Chief Executive Officer in May 2014 and appointed Chairman of the Board of Directors in April 2016. He is only the seventh president in the company’s 129-year history. 

Prior to being named President, he served as Vice President of Group Insurance for seventeen years, where he had top and bottom line responsibility for the division. He began his tenure at Boston Mutual Life as a group sales manager.

Preceding his move to Boston Mutual Life, Mr. Quaranto held ten years of experience in the insurance industry with other leading carriers.

Mr. Quaranto serves on the Board of Directors for the American Council of Life Insurers (ACLI), including as a member of the Board of Directors’ Executive Committee and the CEO Steering Committees for Prudential Issues, Consumer Issues, and Taxation. He was appointed Chair for the ACLI Forum 500 Board of Governors in October 2019, in addition to serving as the ACLI’s Political Action Committee (PAC) Chair. He previously served as Chairman of the Life Insurance Association of Massachusetts (LIAM). 

Mr. Quaranto holds a bachelor’s degree in administrative science from Colby College and a master’s degree in business administration from Anna Maria College. He is also a Fellow of the LIMRA Leadership Institute.