Liberty Mutual Insurance Co - Company Profile
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Liberty Mutual Insurance Co (LMIC), a subsidiary of Liberty Mutual Group Inc, offers a range of non-life insurance products to individuals, businesses, and families. It provides personal insurance coverage for auto, home, umbrella, landlord, renters, condo, pet, flood, identity theft, and mobile. LMIC also offers business insurance products, including group disability insurance, general liability insurance, property insurance, excess liability insurance, workers compensation insurance, voluntary benefits, surety bonds, and commercial auto insurance. The company offers these products through a network of brokers, agents and consultants. The company has operations across the US. LMIC is headquartered in Boston, Massachusetts, the US.
Headquarters
United States of America
Address
175 Berkeley Street, Boston, Massachusetts, 02116
Website
libertymutualgroup.com
Telephone
1 617 3579500
Industry
Financial Services
Revenue (2024)
$24.2B
Liberty Mutual Insurance Co premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Personal Insurance: | Claims Processing | Liberty |
| Auto Insurance | Risk Control | |
| Home Insurance | Premium Audit | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, the company partnered with New York Liberty to support the continued success of women’s sports and a rapidly growing league. |
| 2025 | Divestiture | In April, the company sold LMG Insurance to Chubb Limited, an insurance company. |
| 2025 | Plans/Strategy | In March, the company announced its plan to sell its operations in Thailand and Vietnam to Chubb Limited. |
Competitor Comparison
| Key Parameters | Liberty Mutual Insurance Co | Nationwide Mutual Insurance Co | The Hartford Insurance Group Inc | CNA Financial Corp | Amica Mutual Insurance Company |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Boston | Columbus | Hartford | Chicago | Lincoln |
| State/Province | Massachusetts | Ohio | Connecticut | Illinois | Nebraska |
| No. of Employees | - | - | 19,200 | 6,600 | - |
| Entity Type | Private | Private | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy M. Sweeney | Chief Executive Officer; Chairman; President | Executive Board | 2025 | - |
| Monica Caldas | Chief Information Officer; Executive Vice President | Senior Management | 2023 | - |
| Damon Hart | Chief Legal Officer; Secretary; Executive Vice President | Senior Management | 2022 | - |
| Vlad Y. Barbalat | Chief Investment Officer; President - Global Risk & Capital Solutions | Senior Management | 2026 | - |
| Julie Haase | Executive Vice President; Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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