Liberty Mutual Agency Corporation is a holding company with no direct operations. The Company through its subsidiaries is a writer of property and casualty insurance distributed through independent agencies in the United States. It offers a mix of commercial and personal property and casualty insurance coverage to small and mid-size businesses and individuals throughout the United States. It also provides contract and commercial surety bonds on a national basis. It provides property and casualty insurance products through its three operating segments: Commercial, Personal and Surety. It distributes substantially all of its insurance products and services through approximately 13,000 independent agencies. Independent agencies are located in approximately 25,000 offices across all 50 states. Its commercial segment generated 45%, personal segment generated 46% and surety segment generated 7% of its total net written premiums respectively during the year ended December 31, 2009. It’s corporate and other segment generated 2%, of its total net written premiums in 2009.
Liberty Mutual Agency Corporation is a writer of commercial lines property and casualty insurance distributed through independent agencies in the United States. It offers insurance coverage for commercial multiple peril, commercial automobile, workers compensation, general liability and other commercial risks to small and mid-size businesses. Its Commercial segment markets products through eight regional operating units, each with a distinct brand, except for excess casualty products, which are marketed under a national brand. Its Commercial segment generated 45% of its total net written premiums during the year ended December 31, 2009.
The Company is a writer of personal lines property and casualty insurance distributed through independent agencies in the United States. Using the Safeco Insurance brand, it offers insurance coverage to individuals on a national basis for private passenger automobile, homeowners and other personal property and liability risks. It markets its personal lines products through eight regions. Its Personal segment generated 46% of its total net written premiums, in 2009.
The Company is a writer of surety business in the United States. It utilizes the Liberty Mutual Surety brand for large national accounts and the Liberty SuretyFirst brand for regional and individual accounts. Its Surety segment generated 7% of its total net written premiums, in 2009.
The Company competes with Acuity, Auto-Owners Insurance Group, Cincinnati Financial Corporation, Erie Insurance Group, Hanover Insurance Group, Harleysville Group, Selective Insurance Group, Unitrin, Inc., W.R. Berkley Corporation, The Chubb Corporation, CNA Financial Corporation, Hartford Financial Services Group, Inc., The Travelers Companies, Inc. and Zurich Financial Services Group.
Liberty Mutual Agency Corp
175 Berkeley Street
BOSTON MA 02116