Liberty Mutual Insurance Unit Enhances Property Operation

Australian Business
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BOSTON--(BUSINESS WIRE)--To support its strategy of becoming a lead market for large, complex global property risks, Liberty Mutual’s National Accounts Property unit has expanded its divisional structure and added five underwriters.

National Accounts Property provides ground-up, shared and layered, inland marine and equipment breakdown coverages. It offers large capacity, global capabilities – including the ability to issue local policies in more than 150 countries – and one of the most advanced property risk engineering teams in the industry.

“We grew from three to four underwriting divisions in order to bring our expertise and authority closer to agents and brokers, and their customers,” notes Mike Martin, executive vice president and general manager, National Accounts Property. “And we further strengthened that expertise by adding five underwriters.”

Those underwriters include:

More information on National Accounts Property can be found at http://www.libertymutualgroup.com/business-insurance/business-insurance-coverages/property-insurance

About Liberty Mutual Insurance

Liberty Mutual Insurance helps preserve and protect the things people earn and own and build and cherish. Keeping this promise means we are there when our policyholders throughout the world need us most.

In business since 1912, and headquartered in Boston, Mass., today Liberty Mutual is a diversified global insurer with operations in 30 countries around the world. The company is the third largest property and casualty insurer in the U.S. based on 2013 direct premium written as reported by the National Association of Insurance Commissioners.

Liberty Mutual is ranked 76th on the Fortune 100 list of largest corporations in the U.S. based on 2013 revenue. As of December 31, 2013, Liberty Mutual Insurance had $121.2 billion in consolidated assets, $102.2 billion in consolidated liabilities, and $38.5 billion in annual consolidated revenue.

Liberty employs more than 50,000 people in approximately 900 offices throughout the world, and we offer a wide range of insurance products and services, including personal automobile, homeowners, accident & health, commercial automobile, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, individual life and annuity products.

You can learn more by visiting www.libertymutualinsurance.com.