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"Helping individuals live safer, more assured lives" since the early 20th century, Headquartered in Boston Liberty-Mutual is a principal global multi line firm of motor vehicle insurance corporations whose largest line of trade is automobile insurance, on the basis of recorded total premium for 2004.
As of 31st December, 2004, Liberty Mutual Insurance had USD 72.4 billion in consolidated resources and USD 19.6 billion in combined proceed. Liberty Mutual ranks 111th in the Fortune 500 rankings of principal United States corporations based on two thousand and four profit, and is the eighth-largest individual insurance service provider and also the fifth largest business lines writer in the United States of America as per direct premiums recorded in 2004. Liberty Mutual Insurance nowadays retains above 38000 people in nearly nine hundred administrative centers throughout the world.
Liberty Mutual Insurance runs under a joint investment organization arrangement, held by its customers. The three key insurance firms of the association, the Insurance Company, Fire Insurance Company the Insurance Company of Wausau, are all firms owned by stockholders under the ownership of Liberty Mutual.
Liberty Mutual Insurance operates through four calculated business units without a separate group making above thirty percent of the total premium written. Liberty Mutual major business group presents broad insurance plans for private motor-vehicle, homeowners, wealth and individual losses with the aid of its own sales staff from more than three hundred and seventy administrative centers all through the US, two immediate response centers, specially selected workers along with the internet. It also provides a wide choice of traditional as well as adjustable life insurance coverage along with annuity policies. Personal Market's principal supply of additional trade is its more than seven thousand eight hundred affinity group relationships, inclusive of owners providing jobs, credit organizations, and specialist and alumni societies. Liberty Mutual affinity program is the company’s most backed self-sponsored vehicle as well as house insurance benefit.
Liberty Mutual Insurance provides advanced risk and injury management along with switching over of risk services via 5 units. Liberty Mutual Insurance provides property insurance policies, consultation on loss prevention and services concerning claims for both large as well as mid-sized corporations. Liberty Mutual Insurance offers both short and long term products and services, wide-ranging loss management, group life insurance, Accidental Death and Dismemberment insurance, along with FMLA administration for large firms. Liberty Mutual Insurance policy plans offers a full choice of captive insurer and rent-a-captive solutions as well as acting as fronting insurer for a captive reinsurance, applications management, damage prevention, as well as underwriting services.
Liberty-Mutual comprises of property and personal loss coverage, as well as specific underwriters that sell their services and solutions by means of individual agents and dealers. Major property and casualty services, as well as a full collection of individual and commercial insurance policies, are accessible in most of the states.
Liberty-Mutual trades in personal and undersized business lines on line auto coverage through set-ups in the following countries: Chile, Colombia, Hong Kong, Argentina, Portugal, Singapore, Spain, Brazil and China. Moreover, Liberty-Mutual Underwriters, a multinational specialized lines direct line auto insurance and reinsurance solutions provider, writes losses due to unforeseen accidents, specialty casualty, marine, energy, engineering and air travel with the aid of administrative centers in several Asian, Australian, European, and North American countries.
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