You kill 99.99% of bacteria, protozoa, and viruses at temperatures above 70 degC in under a minute.
CDC recommend boiling for a minute "just to be sure" to sterilise water. Boiling water is used just so anyone can be absolutely sure it has exceeded 70 degC (otherwise you'd need a thermometer, too hard to do most of the time if sterilising water eg in bush).
Boiling temperature itself is excessively high and 15 minutes is definitely excessively high.
Even 1 minute at boiling is more than is required to sterilise, plus it's only the wort in the riser tube on the pump outlet that might not get to above 70, although I still reckon it will after 60 minutes of boiling (the wort in the pump definitely will just from convection).
Even running after the boil before you start cooling will be sufficient.
Degradation of materials such as the pump rubber orings/seal from temperature will be time based, so the closer you are to the max temp the shorter it will last before failing. Minimising the time at elevated temperatures will increase the life span of the pump. It's not as though you magically get to a certain temperature and suddenly the materials fail, running with elevated temperatures through the pump will cause premature wear (albeit quite small if you are well below the maximum temp).