Compass

SBLI of Massachusetts Completes Conversion to Mutual Insurance Company (7/31/17)

The Savings Bank Life Insurance Company of Massachusetts (SBLI) has now successfully completed its conversion from a stock insurance company to a mutual insurance company owned by its policyholders. Following the conversion, the company’s name will change to The Savings Bank Mutual Life Insurance Company of Massachusetts. While the conversion changed our legal name, it did not change the way we plan to operate our business, we will continue doing business as 'SBLI'. The enclosed Press Release provides further details.