Helping people live safer, more secure lives” since 1912, Boston based Liberty Mutual Group 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, $74.6 billion in consolidated liabilities 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 2005 direct written premium. Liberty Mutual Group today employs over 39,000 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’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 9,800 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.