Liberty Mutual overview

In business since 1912, and headquartered in Boston, Mass., today Liberty Mutual are the fifth largest global property and casualty insurer based on 2018 gross written premium.

Liberty Mutual operates across three units: personal insurance lines, commercial insurance lines and Liberty Mutual Investments. Its insurance products and services include auto, property, life, pet, critical illness, small business and more.

Liberty Mutual has its own global innovation hubs, Solaria Labs, which explore key trends in next-generation vehicles, connected life and sharing technology. It also has key technology interests in natural language processing and computer vision. Solaria Labs are located in Boston, Singapore and - as of June 2019 - São Paulo, Brazil. Its portfolio includes All Set, GigUp, Shine API, Total Home Score and DwellBeing.

The corporate insurer also has its own venture capital arm, Liberty Mutual Strategic Ventures, which focuses on innovation within next generation vehicles, connected home, sharing economy and insurance innovation.

In 2017 Liberty Mutual acquired TRU Services, which provide Medical Stop Loss products, for an undisclosed amount. The year before Liberty Mutual had acquired Ironshore Insurance for $3b.

In 2019 Liberty Mutual has been involved in several large investment rounds, including Snapsheet's $29m Series E (May 2019) and Super's $20m Series B (April 2019).

In October 2020, the company partnered with CoreLogic to deploy a new property estimation platform to create better end-to-end workflow management.

Autonomy and Liberty Mutual jointly launched an auto insurance product in August 2022. The monthly subscription product aims to provide affordable accessibility to mobility, with a particular focus on electric vehicles.

In February 2023, Liberty Mutual Insurance announced that it was launching a Global Risk Solutions (GRS) Global Cyber Office, to help bring a multidisciplinary approach to global cyber risk.

Goods-in-transit startup Anansi announced it had partnered with Liberty Mutual in November 2023.

In February 2024, Generali completed its €2.3bn acquisition of Liberty Mutual's Western European units.

Liberty Mutual employs more than 50,000 people, and serves customers in 30 countries.

Map showing the location of Liberty Mutual

Boston, United States

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Key people

Nicholas Donofrio Board of Directors
Vlad Y. Barbalat EVP & Chief Investment Officer; President, Liberty Mutual Investments
Melanie M. Foley Executive Vice President and Chief Administration Officer
Timothy Sweeney President & CEO
James M. MacPhee EVP and COO
Monica Caldas Executive Vice President and Chief Information Officer
Russell MacTough Managing Director, Liberty Mutual Strategic Ventures
Amit Khanna SVP and Manager