Liberty Mutual Auto Insurance

Liberty Mutual Group, more commonly known by the name of its primary line of business, Liberty Mutual Insurance, is an American diversified global insurer, and the second

largest property and casualty insurer in the United States. It ranks 76th on the Fortune 100 list of largest corporations in the United States based on 2013 revenue. Based in Boston, Massachusetts, it employs over 50,000 people in more than 900 locations throughout the world. As of December 31, 2015, Liberty Mutual Insurance had $121.7 billion in consolidated assets, $102.5 billion in consolidated liabilities, and $37.6 billion in annual consolidated revenue. The company, founded in 1912, offers a wide range of insurance products and services, including personal automobile,homeowners, workers' compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire and surety.

Liberty Mutual Group owns, wholly or in part, local insurance companies in Argentina, Brazil, Chile, China (including Hong Kong),Colombia, Ecuador, India, Ireland, Poland, Portugal, Russia, Singapore, Spain, Thailand, Turkey, the United Kingdom, Venezuelaand Vietnam.

In the United States, Liberty Mutual remains a mutual company where policyholders holding contracts for insurance are considered shareholders in the company. However, Liberty Mutual Group's brand usually operates as a separate entity outside the United States. In other countries, subsidiaries are often created in countries where legally recognized mutual company benefits cannot be enjoyed.

Liberty Mutual's growth has been both organic and through acquisition. Early acquisitions were small, but Liberty Mutual has made several large acquisitions over the past decade, including the high-profile acquisition of Safeco Corporation in 2008. Liberty Mutual agreed to acquire all outstanding shares of Safeco for $68.25 per share, for a total transaction price of approximately $6.2 billion. The result of this activity was an increase in revenue from $6 billion to over $30 billion in twelve years. In 1999, the company purchased Wausau Insurance Cos.

Liberty Mutual created a television commercial in 2006 about people doing good things for strangers, reporting that the "overwhelming" positive response they received for the ad led to their decision to create the website The Responsibility Project.

Liberty Mutual is also the sole corporate sponsor of the long-running PBS documentary series, American Experience, and has produced special commercial messages for airingduring American Experience broadcasts. In 2011, as part of the company's "Real America" campaign, the company introduced two new commercials featuring Sacagawea and Paul Revere.

In 2011, the company began construction of the Liberty Mutual Tower, a 22-story skyscraper as part of its World Headquarters Expansion Project. The building received itscertificate of occupancy in June 2013

Personal insurance

Passenger automobile, homeowners, life, annuity, and other property and casualty insurance products are available via Liberty Mutual's Personal Insurance line. These products are branded under the Liberty Mutual Insurance and Safeco names, and are distributed via a vast network of over 2,300 sales professionals. Other distribution means are call centers, third-party producers, and the company's own website. Over 10,000 insurance agencies across the United States carry Safeco-branded products.

Commercial insurance

Property and casualty, as well as group benefits commercial insurance products fall into two distinct categories: Business Insurance and National Insurance. The former caters to businesses with fewer than 1,000 employees, while the latter serves businesses in certain industries or which have greater than 1,000 employees. Group benefits products include disability insuranceand group life insurance.