SBLI Appoints Wade Seward as Chief Distribution Officer

Industry Veteran brings decades of experience in traditional and alternative distribution to SBLI’s expanding sales efforts

Woburn, Mass., November 18, 2024 – The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) is pleased to announce the appointment of Wade Seward as chief distribution officer. In this role, Seward will oversee SBLI’s Independent Distribution and Direct Sales efforts and will drive expansion into new broker, partner, and producer opportunities.

Seward brings over three decades of experience in the insurance industry and most recently served as head of sales and business development at Fieldtech, LLC, a leader in agency management platforms for life insurance distribution. Prior to that, he was head of distribution strategy at Haven Life, the former digital life insurance agency backed and wholly owned by MassMutual. Throughout his career, Seward has held executive positions at MassMutual, Prudential, and The Hartford where he has been instrumental in shaping distribution strategies, fostering new and innovative partnerships, and driving digital adoption in insurance sales.

“We are very excited to welcome Wade to the team here at SBLI,” said Jim Morgan, president and chief executive officer of SBLI. “His extensive experience and relationships, in addition to his proven leadership in distribution strategy, will be essential for our business as we continue to expand distribution into new avenues and enhance our product offerings to better serve our customers.”

“I am thrilled to join SBLI, a carrier with such a rich history and long-term commitment to providing simple and affordable life insurance solutions,” said Seward. “I look forward to working with the talented team at SBLI to drive growth and deliver exceptional value to our partners and policyholders.”

About SBLI

For more than 115 years, The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has specialized in providing simple and affordable life insurance solutions. Whether it be term life, whole life, or a plan that combines the two, SBLI offers dependable protection at a fair price.

SBLI is a registered trademark of The Savings Bank Mutual Life Insurance Company of Massachusetts, Woburn, MA. NAIC #70435. Licensed in 49 states and DC (excludes NY). Products and features may not be available in all states. SBLI is in no way affiliated with SBLI USA Life Insurance Company, Inc. ©2024 All rights reserved.

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