Liberty Mutual Insurance

OverviewSuggest Edit

Liberty Mutual Insurance is a global property and casualty insurer. The company operates in three business units: Personal Insurance Lines, Commercial Insurance Lines, and Liberty Mutual Investments. It offers personal insurance products for home, auto, and property-casualty, small business insurance, mid-to-large-size commercial and specialty insurance, surety, and reinsurance, as well as manages globally invested financial assets.

TypePrivate
Founded1912
HQBoston, MA, US
Websitelibertymutual.com
Employee Ratings3.5
Overall CultureF

Latest Updates

Employees (est.) (Sept 2021)47,322
Job Openings1,010
Revenue (FY, 2020)$43.8 B(+2%)
Cybersecurity ratingAMore

Key People/Management at Liberty Mutual Insurance

David H. Long

David H. Long

Chairman, President & Chief Executive Officer
Neeti Bhalla Johnson

Neeti Bhalla Johnson

Executive Vice President; President & Chief Investment Officer, Investments
Alison B. Erbig

Alison B. Erbig

Executive Vice President and Comptroller
James F. Kelleher

James F. Kelleher

Executive Vice President and Chief Legal Officer
James M. McGlennon

James M. McGlennon

Executive Vice President and Chief Information Officer
Christopher L. Peirce

Christopher L. Peirce

Executive Vice President and Chief Financial Officer
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Liberty Mutual Insurance Office Locations

Liberty Mutual Insurance has offices in Boston, Aliso Viejo, Centennial, Charlotte and in 38 other locations
Boston, MA, US (HQ)
175 Berkeley St
Aliso Viejo, CA, US
120 Vantis Dr #130
Centennial, CO, US
5975 S Quebec St #300
Charlotte, NC, US
13830 Ballantyne Corporate Pl #300
Dover, NH, US
100 Liberty Way
Duluth, GA, US
2055 Sugarloaf Cir
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Liberty Mutual Insurance Financials and Metrics

Summary Metrics

Founding Date

1912
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Liberty Mutual Insurance Revenue

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View revenue for all periods
Liberty Mutual Insurance's revenue was reported to be $43.8 b in FY, 2020 which is a 1.3% increase from the previous period.
USD

Revenue (FY, 2020)

43.8b

Revenue growth (FY, 2019 - FY, 2020), %

1.3%

Gross profit (FY, 2020)

15.3b

Gross profit margin (FY, 2020), %

34.9%

Net income (FY, 2020)

760.0m

Cash (31-Dec-2020)

8.2b
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

41.6b43.2b43.8b

Revenue growth, %

5%4%1%

Cost of goods sold

26.4b28.4b28.5b

Gross profit

15.2b14.8b15.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

10.3b10.3b10.4b10.7b10.8b10.8b10.5b10.2b11.4b

Cost of goods sold

6.3b6.4b6.7b6.4b6.9b7.3b6.5b7.1b7.6b

Gross profit

3.9b3.9b3.7b4.2b3.9b3.6b4.0b3.1b3.8b

Gross profit Margin, %

38%38%35%40%36%33%38%30%33%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

5.5b5.0b8.2b

Accounts Receivable

4.4b4.6b3.5b

Prepaid Expenses

17.2b1.8b1.9b

Goodwill

5.6b5.7b5.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

5.3b6.6b5.5b6.0b6.5b5.8b6.2b6.5b7.6b

Accounts Receivable

12.6b12.9b18.0b17.9b18.1b4.6b4.2b4.1b4.0b

Prepaid Expenses

2.0b1.9b1.9b1.7b1.9b1.8b2.0b2.1b2.0b

Goodwill

5.7b5.6b5.6b5.6b5.6b5.6b5.7b5.7b5.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.2b1.0b760.0m

Depreciation and Amortization

774.0m795.0m824.0m

Cash From Operating Activities

3.8b3.5b6.4b

Purchases of PP&E

(1.2b)(567.0m)(116.0m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

649.0m1.6b1.9b671.0m1.1b1.3b519.0m201.0m598.0m

Depreciation and Amortization

204.0m412.0m631.0m205.0m408.0m602.0m217.0m466.0m651.0m

Cash From Operating Activities

244.0m1.4b2.6b235.0m1.5b3.0b419.0m2.1b4.9b

Purchases of PP&E

(368.0m)(862.0m)(1.0b)(219.0m)(354.0m)(430.0m)(53.0m)(120.0m)(110.0m)
USDQ1, 2018

Revenue/Employee

286.5k

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

7 x
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Liberty Mutual Insurance Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Net Written Premiums (Corporate Reinsurance)

($350 m)$75 m$1 m($109 m)($30 m)$53 m($64 m)($110 m)($130 m)$16 m

Net Written Premiums (General Liability)

$1.64 b$412 m$355 m$434 m

Net Written Premiums (Global Risk Solutions Casualty)

$2 b$508 m$391 m$568 m$1.99 b$476 m

Net Written Premiums (Global Risk Solutions Inland Marine)

$538 m$137 m$140 m$143 m$561 m$142 m$140 m$139 m$563 m$141 m
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Liberty Mutual Insurance Acquisitions / Subsidiaries

Company NameDateDeal Size
Ironshore InsuranceMay 01, 2017$3 b
TRU ServicesMarch 21, 2017
Uni.Asia General Insurance BerhadFebruary 17, 2014
CarZenNovember 13, 2013
Safeco InsuranceApril 23, 2008$6.2 b
Ohio CasualtyMay 01, 2007
American Fire & Casualty Company
Colorado Casualty Insurance Co
Consolidated Insurance + Risk Management
Golden Eagle Insurance Corp
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Liberty Mutual Insurance Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Liberty Mutual Insurance Online and Social Media Presence

Embed Graph

Liberty Mutual Insurance Company Culture

  • Overall Culture

    F

    34/100

  • CEO Rating

    F

    45/100

  • Compensation

    F

    10/100

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Liberty Mutual Insurance News and Updates

Liberty Mutual Insurance Seeks to Acquire Malaysian Insurer AmGeneral

BOSTON, July 19, 2021 /PRNewswire/ -- Liberty Mutual Insurance will be applying for regulatory approval to acquire Malaysian insurer AmGeneral Insurance Berhad (AmGeneral). AmGeneral is currently 51%-owned by AmBank Group and 49%-owned by Insurance Australia Group (IAG). Subject to...

Liberty Mutual Insurance Commits an Additional $1.5 Million in Crisis Grants to Community Partners

BOSTON, July 14, 2021 /PRNewswire/ -- Liberty Mutual Insurance today announced it is providing an additional $1.5 million in grants to Boston-area nonprofit partners as part of the company's ongoing strategic support in response to the impacts of the coronavirus. These grants will provide...

Liberty Mutual Insurance Announces Key Executive Leadership Appointments

BOSTON, June 21, 2021 /PRNewswire/ -- Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments that will provide more creative, complete solutions for the company's customers and partners and create better opportunities...

Liberty Mutual Insurance Reports Fourth Quarter and Full Year 2020 Results

BOSTON, Feb. 23, 2021 /PRNewswire/ -- Liberty Mutual Holding Company Inc. and its subsidiaries (collectively "LMHC" or the "Company") reported net income attributable to LMHC of $162 million and $758 million for the three and twelve months ended December 31, 2020, versus a net loss...

Liberty Mutual Insurance Joins the UN-Supported Principles for Responsible Investment as First U.S. Property and Casualty Insurer

BOSTON, Dec. 10, 2020 /PRNewswire/ -- As part of its ongoing commitment to environmental, social, and governance (ESG) progress, Liberty Mutual Insurance today announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). Liberty...

Liberty Mutual Insurance to Provide Insurance Coverage to Drivers on the Lyft Platform in Five States

BOSTON, Oct. 1, 2020 /PRNewswire/ -- Liberty Mutual Insurance today announced it has been selected by Lyft to provide coverage for drivers using its rideshare platforms throughout Arizona, Michigan, New Mexico, Texas and Utah, effective today. Under the program, Liberty Mutual provides...
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Liberty Mutual Insurance Blogs

Liberty Global Transaction Solutions Group opens door on M&A claims

Liberty Global Transaction Solutions Group opens door on M&A claims Gregory.Kessle… Wed, 09/15/2021 - 08:08 Notifications rise 40% year-on-year, although COVID itself has not caused…

2021 Liberty Mutual Insurance Workplace Safety Index Helps Companies Better Protect Employees and Control Costs as the Economy Continues to Reopen

2021 Liberty Mutual Insurance Workplace Safety Index Helps Companies Better Protect Employees and Control Costs as the Economy Continues to Reopen Gregory.Kessle… Wed, 07/21/2021 - 07:53 …

IDG Insider Pro and Computerworld name Liberty Mutual Insurance to 2021 list of “100 Best Places to Work in IT”

IDG Insider Pro and Computerworld name Liberty Mutual Insurance to 2021 list of “100 Best Places to Work in IT” Molly.Stern@li… Mon, 07/12/2021 - 08:34 Liberty Mutual recognized as one …

Liberty Mutual Insurance Bolsters Independent Agent Network With Agreement to Acquire State Auto Group

Liberty Mutual Insurance Bolsters Independent Agent Network With Agreement to Acquire State Auto Group Gregory.Kessle… Mon, 07/12/2021 - 07:22 Addition of Super-Regional Insurer is An…

Liberty Mutual Insurance Recognized as One of the Most 50 Community-Minded Companies in the United States

Liberty Mutual Insurance Recognized as One of the Most 50 Community-Minded Companies in the United States Molly.Stern@li… Tue, 06/15/2021 - 19:23 BOSTON (June 16, 2021) – Liberty Mutual…

Liberty Mutual Survey Finds Most Consumers Forgo Insurance Protection for Pets Adopted During Pandemic

Liberty Mutual Survey Finds Most Consumers Forgo Insurance Protection for Pets Adopted During Pandemic Beneille.Sims@… Tue, 04/27/2021 - 09:28 Despite Rise in Adoptions, Only 1 in 4 Pe…
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Liberty Mutual Insurance Frequently Asked Questions

  • When was Liberty Mutual Insurance founded?

    Liberty Mutual Insurance was founded in 1912.

  • Who are Liberty Mutual Insurance key executives?

    Liberty Mutual Insurance's key executives are David H. Long, Neeti Bhalla Johnson and Alison B. Erbig.

  • How many employees does Liberty Mutual Insurance have?

    Liberty Mutual Insurance has 47,322 employees.

  • What is Liberty Mutual Insurance revenue?

    Latest Liberty Mutual Insurance annual revenue is $43.8 b.

  • What is Liberty Mutual Insurance revenue per employee?

    Latest Liberty Mutual Insurance revenue per employee is $925.5 k.

  • Who are Liberty Mutual Insurance competitors?

    Competitors of Liberty Mutual Insurance include Generali Group, CNP Assurances and Cincinnati Financial Corporation.

  • Where is Liberty Mutual Insurance headquarters?

    Liberty Mutual Insurance headquarters is located at 175 Berkeley St, Boston.

  • Where are Liberty Mutual Insurance offices?

    Liberty Mutual Insurance has offices in Boston, Aliso Viejo, Centennial, Charlotte and in 38 other locations.

  • How many offices does Liberty Mutual Insurance have?

    Liberty Mutual Insurance has 43 offices.