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Home > Company Index > Insurance > Multiline Insurance > Liberty Mutual Insurance Companies
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Liberty Mutual Insurance Companies |
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PROFILE |
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Liberty Mutual wants more liberty. The US's #1 workers' compensation insurer hopes to gain more flexibility in dealing with rapidly changing markets by reorganizing as a mutual holding company. The company stresses loss prevention (analyzing work sites and practices for safety) and rehabilitation services and has alliances with health care providers to manage disability care. Noncommercial lines include homeowners, auto, and group life. Selling itself off, Liberty Financial provides asset management services. The company has more than 900 offices in some 15 countries, including Canada, Japan, Mexico, Singapore, and the UK.
COMPETITION |
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The Allstate Corporation (ALL)
Prudential Financial (dossier)
State Farm Insurance Companies (dossier)
DEALS |
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Deal: Cogentric Strikes Alliance With Liberty
Date Announced: 05.01.01
Value of transaction (US $Mil): Not Disclosed
Description: Cogentric software will allow Liberty International Underwriters to perform risk assessment on e-business infrastructures to allow LIU to create more accurate cyber-insurance policies.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 13,470.00
1-Yr. Sales Growth: (13.1)%
Employees: 37,440
Revenue per employee: $359,775.64
KEY PEOPLE |
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Edmund F. Kelly
CEO
J. Paul Condrin
CFO
CONTACT INFO |
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175 Berkeley St.
Boston, MA 02117
US
Phone: 617-357-9500
Fax: 617-350-7648
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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