Safety Insurance Group

"The key to our success: Service." "The key to our customers' success: Safety." Safety Insurance was founded in 1979 with a belief that we would succeed as a company if customers were given the best possible service. As we've grown and expanded our product line to include a full range of property and casualty insurance products, staying committed to that belief has meant even more. At Safety, we distribute our products exclusively through independent agents and we do everything in our power to make it easy for our agents and policyholders to do business with us. Today, Safety is the third largest private passenger automobile carrier, the third largest commercial automobile carrier, and the seventh largest homeowners carrier in Massachusetts. We also have a growing presence in the New Hampshire marketplace with personal and business products. Together with our agents and partners, Safety Insurance remains a preferred provider of auto, homeowner and business insurance. We will continue this tradition in the future together with our policy holders, agents and partners. Safety has consistently received an "A" (Excellent) rating from A.M. Best for our financial strength.
Boston, US
Size (employees)
643 (est)+4%
Safety Insurance Group was founded in 1979 and is headquartered in Boston, US

Safety Insurance Group Office Locations

Safety Insurance Group has office in Boston
Boston, US

Safety Insurance Group Metrics

Safety Insurance Group Summary

Market capitalization

$1.1 b

Closing share price

Safety Insurance Group's current market capitalization is $1.1 b.

Safety Insurance Group Financials

Safety Insurance Group's revenue is $819.8 m in FY, 2016 which is a 2.7% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$612.7 m$660.2 m$703.9 m$745.3 m$778.8 m$798 m$819.8 m

Revenue growth, %


Operating expense total

$179.2 m$200.1 m$209.8 m$219 m$213.9 m


$87.7 m$83.3 m($918 k)

Interest expense

$88 k$88 k$88 k$89 k$90 k$90 k

Income tax expense

$22.6 m$571 k$23.4 m$26.3 m$24 m($14.8 m)

Net Income

$61.4 m$59.4 m($13.9 m)$64.6 m

Operating cash flow

$20.5 m($13.4 m)$5 m

Safety Insurance Group Market Value History

Safety Insurance Group Online Presence

Safety Insurance Group Company Life

You may also be interested in