Boston-Based Life Solutions Bringing Insurance Branch to Braintree

The Penn Mutual Life Insurance Company, a 165-year-old company, announces the expansion of its Boston-based Life Solutions Group agency to Braintree, Mass.

The new office opening follows the firm’s aggressive growth over the last 18 months that has yielded more than 30 new employees and tripled the sales revenue.

In addition to Life Solutions Group’s (LSG) Boston headquarters and New Hampshire site, the Braintree office will enable the agency to better deliver its whole life insurance centered financial services to the South Shore market. Michael P. Doucette, vice president of sales for LSG, will lead the firm. Doucette is a 16-year veteran of the financial services business and has been with LSG since 2007. He is a registered representative of Hornor, Townsend, & Kent, Inc.

“Given our amazing growth, Life Solutions Group is now opening its newest office on the South Shore under the leadership of Michael Doucette, Vice President of Sales,” said Jonathan J. Pratt, CLF®, President and CEO. “Mike is a talented professional who has built a team of advisors who are leading the firm and now moving into their own space in Braintree. We look forward to our South Shore Group providing our clients with “best in class” financial services solutions for individuals and small business owners through our team planning approach that leverages the expertise of our regional and national partners.”

About The Penn Mutual Life Insurance Company

Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock life’s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Life Solutions Group is not affiliated with HTK.

Visit Penn Mutual on the Internet at http://www.pennmutual.com.