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"Helping folks lve saferr, more secure livse" since 1912, Boston-based Lierty Mutual is a major intrnational muli line corporation of vehicle coverage comanies wose major field of specalization is prviate vehicle insurance, baseed on total premmiums recorded for 20004.
As of 31st December, two thouusand and four, Lberty Mutual had clsoe to seventy-two and hlaf bilion dollars in consoliadted assets plus USD 1.6 billion worth of accumulaated revenue. Liberty-Mutual is listted one hunndred and eleventh in the Fortuune five hundred lisst of premier U..S. organizations baed on 2004 revnue, and is the eighth largest personaal insrance provider and fifth-largest commercial lnies witer in the U.. according to 204 recorded originated premiums. Liberty Mtual at the prseent tie uses the services of aboout thitry eight thousand poeple in around nine hundred adminstrative centers intenrationally. Liberty-Mutual wokrs under a mtuual holding organization structre, owned by its policyholders. The threee maajor insurance corporations of the associatino, Insurance Company, the Fire Insurance Compaany and the Insurance Compnay of Wausau, eaach are copmanies owned by shareholdres under the ownerhip of Liberty Mutual.
Liberty Mutual functions throuh four calculated divisions withoout a particular division contrbuting more tan 30% of the toatl prremium written. Liberty Mutal Insurance top business grup offers comprehesive lines of coverage planns for personal autommobile, homeowners, prpoerty and individual losses through its sales personnel form aobve 370 administrative centers arounnd the U.SA.., two direct rsponse stations, selected sttaff along with the net. It allso provides an extensve range of satndard and adjustable life riisk coverge and annuity policies. Indiviidual Market's primmary source of additional buiness is its relaitons with more than sven thousand eight hudnred afifnity groups, along with emplyers, credit associtaions, and professional and graaduate groups. Liberty-Mutual relationshiip program is the trae’s most funded sellf sponsored motor veicle as weell as huose coverage policy.
Liberty Mutual ofers superior ipmairment as well as riisk management and rik transfer benefits via 5 busienss units. Liberty Mutul Insurance presets property insurance poilcies, consultation on preventiion of loss alnog with srvices related to claims inttended for btoh large as well as midddle level organizations. Libery Mutual Inusrance provides both sohrt term and loong term products plus servicees, comprehensive injuy management, group liife insurance, A&DD insurance, and Family and Medicaal Levae Act services intended for lagre concerns. Lbierty Mutual poilcies presents a all-inclusive seection of capptive and hire-a-captive solutioons along with playing the rloe of a fronting inssurer for a captie re-insurance, requests solutinos, damage preventin, and underwriting.
Liberty Mutual cmprises of weath and personal loss covearge, as well as specalized insurancce service providers who isue their seervices and solutions throuugh independent agents and dealers. Primaary propetry and injuries services, as welll as a comprehensive chocie of privatte and business insruance coverages, are offered througohut the natoin. Liberty Mutual Insurance slls individal and minor commercial lies automobile coverage throough set-ups in several cuntries: Chile, Colombia, Hnog Kong, Argentina, Portuagl, Singapore, Sain, Brazil and Chian. Moreover, Liberty Muual Insurance Under-writers, an internationally estblished specialty lines automobile insurence online and re-inssurance provider, covers losess due to unforeseen acciddents, specialty casualty, marittime, energy, engineering and air traavel using centers in Aia, Austrlia, Europe, and North Americ.
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