 Corporate Profile
"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Group (www.libertymutual.com) is a leading global multi-line group of insurance companies whose largest line of
business is private passenger auto, based on 2006 direct written premium.
As of December 31, 2006, Liberty Mutual Group had $85.5 billion in consolidated assets and $23.5 billion in annual
consolidated revenue. Liberty Mutual ranks 95th on the Fortune 500 list of largest U.S. corporations based on 2006 revenue,
and is the sixth-largest property and casualty insurer in the U.S. based on 2006 direct written premium. Liberty
Mutual Group today employs over 40,000 people in more than 900 offices throughout the world.
The company has received financial strength ratings of "Excellent" (A) from the A.M. Best Company, "Good" (A2) from Moody's
Investors Service and "Strong" (A) from Standard & Poor's.
Liberty Mutual Group operates under a mutual holding company structure. The three principal insurance companies of
the group, Liberty Mutual Insurance Company, Liberty Mutual Fire Insurance Company and Employers Insurance Company of Wausau,
each are stock insurance companies under the ownership of Liberty Mutual Holding Company Inc.
Liberty Mutual Group operates through four strategic business units with no single unit contributing more than 30 percent
of net premium written:
Personal Markets
- Liberty Mutual's Personal Markets provides full lines of coverage for private passenger automobile, homeowners, valuable
possessions and personal liability through its own sales force in more than 400 offices throughout the U.S., two
direct response centers, appointed Prudential agents and the internet. It also offers a wide range of traditional
and variable life insurance and annuity products through a subsidiary, Liberty Life Assurance Company of Boston. Personal
Markets' largest source of new business is its more than 10,000 affinity group relationships, including employers,
credit unions, and professional and alumni associations. Liberty Mutual's affinity program is the industry's most-sponsored
voluntary auto and home insurance benefit.
Commercial Markets
- Liberty Mutual's Commercial Markets provides risk and disability management and risk transfer products and services
to buyers and buyers' representatives through five market segments: National Market, which serves
the complex needs of large companies; Business Market, which serves mid-sized businesses that prefer a direct relationship;
Liberty Mutual Property,which provides property insurance programs, loss control and claims services for both large
and mid-sized companies; Group Market, which provides short-and long-term disability products and services, integrated
disability management, group life insurance, AD&D and FMLA administration for large and mid-sized businesses; and,
Liberty Mutual Reinsurance, which provides property and casualty reinsurance to insurance carriers worldwide.
Liberty Mutual Agency Markets
- Liberty Mutual Agency Markets consists of property and casualty, and specialty insurance carriers that distribute
their products and services through independent agents and brokers. Core property and casualty products, including a
comprehensive set of personal and commercial coverages, are available in most states through the following brands: America
First Insurance; Colorado Casualty; Golden Eagle Insurance; Indiana Insurance, Liberty Northwest; Montgomery Insurance; Ohio
Casualty; and Peerless Insurance. In addition to the eight regional companies, Liberty Mutual Agency Markets
includes two operating companies: Wausau Insurance Companies, a national commercial property and casualty insurer; and, Summit
Holding Southeast, Inc., a mono-line workers compensation insurer covering Florida and nine Southeastern states.
Liberty Mutual Agency Markets specialty lines operation, The Specialty Products Group, offers Surety, Fidelity Bonds, Excess
Casualty and Umbrella.
Liberty International
- Liberty International provides personal and commercial lines insurance international through operations in 13 markets:
Argentina, Brazil, Chile, China, Colombia, Hong Kong, Portugal, Singapore, Spain, Thailand, Turkey, Venezuela, and Vietnam.
Additionally, Liberty International Underwriters, a global specialty lines insurance and reinsurance business, writes
casualty, specialty casualty, marine, energy, engineering and aviation through 31 offices in Asia, Australia, Europe
and North America. Liberty Syndicate 4472 at Lloyd's of London writes on a worldwide basis.
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