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Liberty Mutual

Liberty Mutual Insurance provides insurance products and solutions for businesses and individuals. Read more

David H. Long's photo - Chairman & CEO of Liberty Mutual

Chairman & CEO

David H. Long

CEO Approval Rating

74/100

LIBERTY MUTUAL TOP COMPETITORS OR ALTERNATIVES

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State Farm is Liberty Mutual's top competitor. State Farm is a Private company that was founded in Bloomington, Illinois in 1922. State Farm operates in the Life & Health Insurance industry. State Farm has 13,000 more employees vs. Liberty Mutual.

Berkshire Hathaway has been one of Liberty Mutual's top competitors. Berkshire Hathaway is headquartered in Omaha, Nebraska, and was founded in 1839. Berkshire Hathaway is in the Insurance Brokers field. Berkshire Hathaway generates 568% the revenue of Liberty Mutual.

Allstate is perceived as one of Liberty Mutual's biggest rivals. Allstate was founded in 1931 in Northbrook, Illinois. Allstate competes in the Property & Casualty Insurance field. Allstate generates $3.4B more revenue than Liberty Mutual.

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Growth Score - 1/1

Is $43.8B a good estimate for Liberty Mutual's revenue?

Liberty Mutual Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

The Global Surety and Credit Reinsurance Business, AmTrust Financial Services, Inc.

Apr 2019

Source »
undisclosed
-

-

Personal Lines Business, MAPFRE Insurance

Feb 2018

Source »
undisclosed
-
Tru Services, Llc

Mar 2017

Source »
undisclosed
Tru Services specializes in providing medical stop loss underwriting, claims administration, management and risk consulting services.
Ironshore Inc.

Dec 2016

Source »
$3B
Ironshore provides aviation, environmental risk, healthcare, marine, property insurance and services.
Hughes Insurance

Jun 2014

Source »
undisclosed
Hughes operates as an Insurance Broker in U.K.

These are all the companies that Liberty Mutual has acquired. Liberty Mutual has acquired 7 companies and its latest acquisition was The Global Surety and Credit Reinsurance Business, AmTrust Financial Services, Inc. in Apr 2019.

Liberty Mutual Funding History

Since Liberty Mutual was founded in 1912, it has participated in 3 rounds of funding. In total Liberty Mutual has raised $2.4B. Liberty Mutual's last funding round was on Jan 2021 for a total of $800.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Jan 2021
$800M
-
Debt
Mar 2019
$566.2M
-
Debt
Mar 2007
$1B
-

Since Liberty Mutual was founded in 1912, it has participated in 3 rounds of funding. In total Liberty Mutual has raised $2.4B. Liberty Mutual's last funding round was on Jan 2021 for a total of $800.0M

Liberty Mutual Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Snapsheet is an Illinois-based SaaS platform that provides virtual appraisals, insurance claims and payment management solutions for individuals and businesses.
$30M
Mar 24, 2021
Series E
-
Apollo is an online insurance brokerage firm that provides business and personal insurance services for small and medium-sized businesses.
$13.5M
Jan 06, 2021
Series A
-
Skywatch is a drone data analytics platform that helps drone operators and fleet managers to track safety metrics and reduce their flight risks.
$2M
Jan 30, 2018
Seed
-
August designs smart home access products that enables users to create virtual keys for the door lock and grant access via smartphone.
$25M
Apr 04, 2017
Series C
Oct 01, 2017

These are all the companies that Liberty Mutual has invested in. Liberty Mutual has invested 7 companies and its latest investment was The Global Surety and Credit Reinsurance Business, AmTrust Financial Services, Inc. in Apr 2019.

Liberty Mutual News

May 10, 2021Fleet Equipment

TuSimple, Liberty Mutual partner to study safety benefits of autonomous trucks

TuSimple and Liberty Mutual Insurance are partnering to assess the comparative safety of autonomous t... See more »
May 7, 2021Post Online Media

Liberty Mutual Q1 net income $856 million

Liberty Mutual Holding Company its subsidiaries (LMHC) reported net income attributable to LMHC of $8... See more »
May 6, 2021Collision Week

TuSimple and Liberty Mutual Insurance Partner to Study the Safety Benefits of Autonomous Trucks

TuSimple (NASDAQ:TSP), a global self-driving technology company based in San Diego, California, and L... See more »
April 30, 2021Mining Weekly

Liberty Mutual puts Australian coal project on hold

Insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Au... See more »
April 20, 2021Insurance Journal

Liberty Specialty Promotes Warren; GC FAC's Smith to Miller; Everest's Geddes to MS Amlin; Pro Global Hires; Generali Promotions

This wrap-up of international People Moves details recent appointments at Liberty Specialty Markets, ... See more »
April 19, 2021Pulse2.0

Claims Management Platform Company Snapsheet Raises $30 Million

Snapsheet - a leader in cloud-native claims management software - announced it has raised $30 million... See more »
April 9, 2021Insurance Journal

P/C Insurers Liberty Mutual, Starr Join Investors in Bitcoin Firm NYDIG

New York Digital Investment Group, an asset manager focused on bitcoin investments, has raised $100 m... See more »

Liberty Mutual Blogs

Liberty Mutual Press Releases

December 10, 2020PR Newswire

Liberty Mutual Insurance Joins the UN-Supported Principles for Responsible Investment as First U.S. Property and Casualty Insurer

BOSTON, Dec. 10, 2020 /PRNewswire/ -- As part of its ongoing commitment to environmental, social, and... See more »
November 10, 2020PR Newswire

Liberty Mutual App Harnesses AI to Help Employers Better Protect Workers from the Cause of the Most Expensive Workplace Injuries

BOSTON, Nov. 10, 2020 /PRNewswire/ -- Liberty Mutual Insurance's new ErgoValuator app helps policyho... See more »
October 5, 2020WebWire

Liberty Mutual Insurance to Provide Insurance Coverage to Drivers on the Lyft Platform in Five States

Liberty Mutual Insurance announced it has been selected by Lyft to provide coverage for drivers using... See more »
October 1, 2020PR Newswire

Liberty Mutual Insurance to Provide Insurance Coverage to Drivers on the Lyft Platform in Five States

BOSTON, Oct. 1, 2020 /PRNewswire/ -- Liberty Mutual Insurance today announced it has been selected by... See more »
September 23, 2020Newsfile

JZZ Technologies, Inc. Branding Arm Active Lifestyle Media Joins with Liberty Mutual Insurance Company to Expand Their Presence in the 55+ Marketplace

Calverton, New York--(Newsfile Corp. - September 23, 2020) - New York based media and technology comp... See more »
August 25, 2020WebWire

Liberty Mutual Insurance Wins Prestigious Innovation Award Recognizing Excellent Workers Compensation Experience

Liberty Mutual Insurance has been awarded an Innovation Award for its new Injured Worker Portal and W... See more »

Liberty Mutual Videos

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Liberty Mutual Headquarters

175 Berkeley Street

Boston, Massachusetts02116

1-617-357-9500

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Liberty Mutual Summary

ABOUT

Overview

Liberty Mutual Insurance provides insurance products and solutions. The company was founded in 1912 when it was then known as Massachusetts Employees' Insurance Association following passage of a state law that requires employers to protect their empl...

CEO

Liberty Mutual's Chairman & CEO, David H. Long, currently has an approval rating of 74%. Liberty Mutual's primary competitors are State Farm, Berkshire Hathaway & Allstate.

Frequently Asked Questions about Liberty Mutual

  1. When was Liberty Mutual founded?

    Liberty Mutual was founded in 1912
  2. Who is Liberty Mutual's CEO?

    Liberty Mutual's CEO is David H. Long
  3. How much revenue does Liberty Mutual generate?

    Liberty Mutual generates $43.8B in revenue
  4. How much funding does Liberty Mutual have?

    Liberty Mutual has historically raised $2.4B in funding
  5. Where is Liberty Mutual's headquarters?

    Liberty Mutual's headquarters is in Boston Massachusetts, USA
  1. How many employees does Liberty Mutual have?

    Liberty Mutual has 45,000 employees
  2. What sector does Liberty Mutual operate in?

    Liberty Mutual is in Insurance Brokers, Life & Health Insurance, Property & Casualty Insurance
  3. Who are Liberty Mutual's competitors?

    Liberty Mutual's top competitors are State Farm, Berkshire Hathaway, Allstate
  4. Who has Liberty Mutual invested in?

    Liberty Mutual's has invested in companies such as Snapsheet, Apollo Insurance Solutions Ltd., SkyWatch Insurance Services, Inc.