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, US
Websitelibertymutual.com
Employee Ratings3.5
Overall CultureA

Latest Updates

Employees (est.) (Nov 2020)45,929
Job Openings475
Revenue (FY, 2018)$41.6 B(+6%)
Cybersecurity ratingBMore

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
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
Mark C. Touhey

Mark C. Touhey

Senior Vice President and Secretary
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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, US (HQ)
175 Berkeley St
Aliso Viejo, US
120 Vantis Dr #130
Centennial, US
5975 S Quebec St #300
Charlotte, US
13830 Ballantyne Corporate Pl #300
Dover, US
100 Liberty Way
Duluth, 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 $41.57 b in FY, 2018 which is a 5.5% increase from the previous period.
USD

Revenue (Q2, 2019)

10.8b

Gross profit (Q2, 2019)

3.9b

Gross profit margin (Q2, 2019), %

35.7%

Net income (Q2, 2019)

399.0m

Cash (30-Jun-2019)

6.5b
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

38.3b39.4b41.6b

Revenue growth, %

3%5%

Cost of goods sold

24.2b27.2b26.4b

Gross profit

14.1b12.2b15.2b
Quarterly
USDQ2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

10.4b11.2b10.3b10.3b10.4b10.7b10.8b

Cost of goods sold

7.0b8.8b6.3b6.4b6.7b6.4b6.9b

Gross profit

3.4b2.4b3.9b3.9b3.7b4.2b3.9b

Gross profit Margin, %

33%22%38%38%35%40%36%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

4.6b4.8b5.5b

Accounts Receivable

10.6b12.2b4.4b

Prepaid Expenses

1.1b1.6b17.2b

Goodwill

4.9b5.7b5.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

6.3b6.1b5.4b5.3b6.6b5.5b6.0b6.5b

Accounts Receivable

10.9b11.9b12.3b12.6b12.9b18.0b17.9b18.1b

Prepaid Expenses

1.1b1.5b1.6b2.0b1.9b1.9b1.7b1.9b

Goodwill

4.9b5.6b5.6b5.7b5.6b5.6b5.6b5.6b
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

1.1b19.0m2.2b

Depreciation and Amortization

824.0m791.0m774.0m

Cash From Operating Activities

3.0b2.7b3.8b

Purchases of PP&E

(435.0m)(618.0m)(1.2b)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

351.0m478.0m(186.0m)649.0m1.6b1.9b671.0m1.1b

Depreciation and Amortization

175.0m360.0m559.0m204.0m412.0m631.0m205.0m408.0m

Cash From Operating Activities

(66.0m)1.1b2.1b244.0m1.4b2.6b235.0m1.5b

Purchases of PP&E

180.0m(206.0m)(445.0m)(368.0m)(862.0m)(1.0b)(219.0m)(354.0m)
USDFY, 2016

Revenue/Employee

1.1m

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

6.2 x
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Liberty Mutual Insurance Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Sep, 2019

Business Units

3

Countries

30

Net Written Premiums (Homeowners)

$6.13 b$1.37 b$1.70 b$1.76 b$6.30 b$1.37 b$1.79 b$1.82 b$6.55 b$1.28 b$1.79 b

Net Written Premiums (Private Passenger Automobile)

$12.79 b$3.32 b$3.39 b$3.65 b$13.72 b$3.49 b$3.52 b$3.66 b$13.99 b$3.44 b$3.52 b
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Liberty Mutual Insurance Acquisitions / Subsidiaries

Company NameDateDeal Size
CarZenNovember 13, 2019
Ironshore InsuranceMay 01, 2017$3 b
TRU ServicesMarch 21, 2017
Uni.Asia General Insurance BerhadFebruary 17, 2014
American Fire & Casualty Company
Colorado Casualty Insurance Co
Consolidated Insurance + Risk Management
Golden Eagle Insurance Corp
Helmsman Management Services
Liberty General Insurance
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Liberty Mutual Insurance Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Liberty Mutual Insurance Online and Social Media Presence

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Liberty Mutual Insurance Company Culture

  • Overall Culture

    A

    76/100

  • CEO Rating

    A

    75/100

  • Compensation

    A+

    83/100

  • Diversity

    B

    69/100

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Liberty Mutual Insurance News and Updates

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...

Rental Beast and Liberty Mutual Insurance Partner to Increase Access to Affordable Renter's Insurance

Rental Beast's renters and landlords now enjoy easy access to free rental insurance quotes and discounted rental insurance rates

Liberty Mutual Insurance Announces Personal Auto Customer Relief Refund to Help Customers During Pandemic

BOSTON, April 7, 2020 /PRNewswire/ -- As part of its response to the unprecedented coronavirus (COVID-19) pandemic, Liberty Mutual Insurance today announced its Personal Auto Customer Relief Refund, which gives personal auto insurance customers a 15% refund on two months of their annual...

Liberty Mutual Insurance Reports Fourth Quarter and Full Year 2019 Results

BOSTON, Feb. 27, 2020 /PRNewswire/ -- Liberty Mutual Holding Company Inc. and its subsidiaries (collectively "LMHC" or the "Company") reported consolidated net loss from continuing operations of $299 million for the three months ended December 31, 2019 and consolidated net income from...

Liberty Mutual Insurance Reports Second Quarter 2019 Results

BOSTON, Aug. 7, 2019 /PRNewswire/ -- Liberty Mutual Holding Company Inc. and its subsidiaries (collectively "LMHC" or the "Company") reported net income attributable to LMHC of $399 million and $1.070 billion for the three and six months ended June 30, 2019, decreases of $582 million and...

PEOPLE Magazine Recognizes Liberty Mutual Insurance as a Company That Cares

BOSTON, July 24, 2019 /PRNewswire/ -- Liberty Mutual Insurance is proud to announce that it ranks #37 on PEOPLE magazine's 2019 50 Companies That Care list, which annually highlights the top US companies that have succeeded in business while also demonstrating outstanding respect, care...
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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 James F. Kelleher.

  • How many employees does Liberty Mutual Insurance have?

    Liberty Mutual Insurance has 45,929 employees.

  • What is Liberty Mutual Insurance revenue?

    Latest Liberty Mutual Insurance annual revenue is $41.6 b.

  • What is Liberty Mutual Insurance revenue per employee?

    Latest Liberty Mutual Insurance revenue per employee is $905 k.

  • Who are Liberty Mutual Insurance competitors?

    Competitors of Liberty Mutual Insurance include Cincinnati Financial Corporation, Farmers Insurance and Berkshire Hathaway.

  • 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.