Liberty Mutual

Liberty Mutual Insurance Company, often referred to as Liberty Mutual Insurance, is an American diversified global insurer and the sixth-largest property and casualty insurer in the world. It ranks 91st on the Fortune 100 list of largest corporations in the United States based on 2025 revenue. Based in Boston, Massachusetts, it employs over 45,000 people in more than 900 locations throughout the world. As of December 31, 2021, Liberty Mutual Insurance had $156.043 billion in consolidated assets, $128.195 billion in consolidated liabilities and $48.2 billion in annual consolidated revenue. The company, founded in 1912, offers a wide range of insurance products and services, including personal automobile, homeowners, renters, workers' compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, fire insurance and surety. Liberty Mutual Group owns, wholly or in part, local insurance companies in Brazil, Chile, China (including Hong Kong), Colombia, Ecuador, India, Ireland, Malaysia, Portugal, Peru, Singapore, Spain, Thailand, the United Kingdom, and Vietnam. (In the UK, Liberty Mutual acts as the insurer for Countrywide Legal Indemnities). In the United States, Liberty Mutual remains a mutual company in which 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, where a subsidiary is often created in countries where legally recognized mutual-company benefits cannot be enjoyed. The current CEO is Timothy M. Sweeney. He succeeded his predecessor David H. Long on January 1, 2023. Long was preceded by Edmund "Ted" Kelly. Kelly was appointed CEO in 1998, and stepped down from the Board of Directors as chairman in April 2013.