Investments
8Portfolio Exits
5Partners & Customers
10About Liberty Mutual Insurance
Liberty Mutual Insurance focuses on property and casualty insurance. It provides insurance products and services for personal automobiles, homeowners, commercial vehicles, general liability, surety, commercial property, and more. It serves both individuals and businesses. The company was formerly known as Massachusetts Employees Insurance Association (MEIA). It was founded in 1912 and is based in Boston, Massachusetts.
Research containing Liberty Mutual Insurance
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Liberty Mutual Insurance in 1 CB Insights research brief, most recently on Jul 20, 2023.
Latest Liberty Mutual Insurance News
Nov 21, 2023
Reinsurance News Liberty Mutual Reinsurance, part of Liberty Mutual Insurance Group, has appointed Dionne Chisolm as Senior Underwriting Executive, effective immediately. Collectively, Chisolm holds more than three decades of professional experience in the insurance and reinsurance industry. For 20 of those years, she was a treaty reinsurance underwriter where she produced, managed, and maintained a portfolio of property and casualty business. Chisolm joins Liberty Mutual Re from Swiss Re America, Armonk, where she was Vice President, Senior Treaty Underwriter (Market Underwriter and Products Underwriter). As part of the US Standard Casualty Team, the firm explained that Chisolm will “work to develop and manage a complex portfolio of assumed casualty treaty reinsurance business.” She will also manage all aspects of underwriting, new and renewal business and will serve as a technical resource on underwriting and reinsurance issues. Chisolm is based in Stamford and reports to Susan Burke, Standard Casualty Treaty Manager US, who commented, “We are very pleased to welcome Dionne to Liberty. Her extensive experience, high-level insurance expertise and strong technical underwriting background will be a great asset to us, our clients and our brokers.” Share this:
Liberty Mutual Insurance Investments
8 Investments
Liberty Mutual Insurance has made 8 investments. Their latest investment was in Companion Protect as part of their Series A on August 8, 2023.
Liberty Mutual Insurance Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/25/2023 | Series A | Companion Protect | $27M | Yes | 2 | |
7/11/2023 | Unattributed | |||||
9/22/2021 | Series B | |||||
9/2/2021 | Series A | |||||
4/8/2021 | Growth Equity - III |
Date | 8/25/2023 | 7/11/2023 | 9/22/2021 | 9/2/2021 | 4/8/2021 |
|---|---|---|---|---|---|
Round | Series A | Unattributed | Series B | Series A | Growth Equity - III |
Company | Companion Protect | ||||
Amount | $27M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 2 |
Liberty Mutual Insurance Portfolio Exits
5 Portfolio Exits
Liberty Mutual Insurance has 5 portfolio exits. Their latest portfolio exit was Liberty Seguros on June 15, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
6/15/2023 | Divestiture | Liberty Seguros | 6 | ||
Date | 6/15/2023 | ||||
|---|---|---|---|---|---|
Exit | Divestiture | ||||
Companies | Liberty Seguros | ||||
Valuation | |||||
Acquirer | |||||
Sources | 6 |
Liberty Mutual Insurance Acquisitions
7 Acquisitions
Liberty Mutual Insurance acquired 7 companies. Their latest acquisition was Insurance Portal Services on May 19, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
5/19/2022 | Other | $0.66M | Acquired | 1 | ||
7/19/2021 | ||||||
7/12/2021 | ||||||
10/7/2019 | ||||||
4/15/2019 |
Date | 5/19/2022 | 7/19/2021 | 7/12/2021 | 10/7/2019 | 4/15/2019 |
|---|---|---|---|---|---|
Investment Stage | Other | ||||
Companies | |||||
Valuation | |||||
Total Funding | $0.66M | ||||
Note | Acquired | ||||
Sources | 1 |
Liberty Mutual Insurance Partners & Customers
10 Partners and customers
Liberty Mutual Insurance has 10 strategic partners and customers. Liberty Mutual Insurance recently partnered with Health in Tech on January 1, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
1/6/2023 | Partner | United States | `` ICE has been working with the Liberty Mutual company for over a year now , and the performance , growth , and our overall partnership have been excellent , '' said Tim Johnson , Founder & CEO , Health in Tech . | 2 | |
8/2/2022 | Partner | United States | As two renowned organizations in Massachusetts , Consortium membership is just the latest step in Liberty Mutual Insurance 's long-standing relationship with MIT . | 2 | |
12/15/2021 | Partner | United States | 1 | ||
6/18/2021 | Partner | ||||
6/12/2021 | Partner |
Date | 1/6/2023 | 8/2/2022 | 12/15/2021 | 6/18/2021 | 6/12/2021 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | `` ICE has been working with the Liberty Mutual company for over a year now , and the performance , growth , and our overall partnership have been excellent , '' said Tim Johnson , Founder & CEO , Health in Tech . | As two renowned organizations in Massachusetts , Consortium membership is just the latest step in Liberty Mutual Insurance 's long-standing relationship with MIT . | |||
Sources | 2 | 2 | 1 |
Liberty Mutual Insurance Team
42 Team Members
Liberty Mutual Insurance has 42 team members, including current Chief Executive Officer, President, Timothy M. Sweeney.
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