Liberty Mutual Research Paper 
Liberty Mutual
M&A of
SAFECO
May 9, 2014
Company Profile
Liberty Mutual Insurance Group is an American based global insurer that was founded in 1912, located out of Boston, Massachusetts. Liberty Mutual was created shortly after Massachusetts’s legislation passed a law requiring employers to protect their employees with workers’ compensation benefits. Liberty Mutual was established as a mutual company, which means it works on the behalf of its policyholders. With this type of ownership, the policyholders are also the owners of the company. Prior to 1917, the company was formally known as Massachusetts Insurance Association, but the decision was made to change the name to Liberty Mutual Insurance Company. With this change, the company started to expand its operations by offering full coverage automobile policies. (Liberty Mutual.com) Over a century later, Liberty Mutual has grown to become one of the top property and casualty insurers, ranked 84th on the 2013 Fortune 100 list of the largest corporation in the United States. (http://money.cnn.com/magazines/fortune/fortune500/2012/full_list/) Much of this growth and successes can be attributed to their strong leadership under current CEO, David H. Long, along with a history of successful mergers and acquisitions.
Business Overview
Liberty Mutual Insurance is a diversified company that targets many types of customer’s, offering a wide variety of products offered through multiple distribution channels. Liberty Mutual is currently the third largest property and casualty insurer, currently employing over 50,000 employees in 900 offices throughout the world. To help serve their customers to the best of their abilities, Liberty Mutual is split up into four separate strategic business units: Personal Insurance, Commercial Insurance, Liberty International, and Global Specialty. Each one of these strategic business units has positively impacted the financial strength and success of Liberty
M&A of
SAFECO
May 9, 2014
Company Profile
Liberty Mutual Insurance Group is an American based global insurer that was founded in 1912, located out of Boston, Massachusetts. Liberty Mutual was created shortly after Massachusetts’s legislation passed a law requiring employers to protect their employees with workers’ compensation benefits. Liberty Mutual was established as a mutual company, which means it works on the behalf of its policyholders. With this type of ownership, the policyholders are also the owners of the company. Prior to 1917, the company was formally known as Massachusetts Insurance Association, but the decision was made to change the name to Liberty Mutual Insurance Company. With this change, the company started to expand its operations by offering full coverage automobile policies. (Liberty Mutual.com) Over a century later, Liberty Mutual has grown to become one of the top property and casualty insurers, ranked 84th on the 2013 Fortune 100 list of the largest corporation in the United States. (http://money.cnn.com/magazines/fortune/fortune500/2012/full_list/) Much of this growth and successes can be attributed to their strong leadership under current CEO, David H. Long, along with a history of successful mergers and acquisitions.
Business Overview
Liberty Mutual Insurance is a diversified company that targets many types of customer’s, offering a wide variety of products offered through multiple distribution channels. Liberty Mutual is currently the third largest property and casualty insurer, currently employing over 50,000 employees in 900 offices throughout the world. To help serve their customers to the best of their abilities, Liberty Mutual is split up into four separate strategic business units: Personal Insurance, Commercial Insurance, Liberty International, and Global Specialty. Each one of these strategic business units has positively impacted the financial strength and success of Liberty