Liberty Mutual Insurance Co. plans to reorganize to a mutual holding company in an effort to give itself room to grow and increase access to investment capital. Edmund Kelly, president and CEO, told the Boston Herald: “In the long run, we are intent on growing through acquisitions.” The company is made up of Liberty Mutual, Employers Insurance of Wausau and Liberty Mutual Fire Insurance Co.
Was this article valuable?
Here are more articles you may enjoy.
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation From This Issue
