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Liberty International Underwriters Expands U.S. Regional Offices with Seven New Executive Hires

Business Wire, April 15, 2008

NEW YORK -- Liberty International Underwriters (LIU), a part of Liberty Mutual Group, continues to expand the range of products offered in each of its 11 regional offices with new executives in its Atlanta, Houston, Los Angeles, and New York locations. These executives bring insurance industry experience ranging from five to 30 years in five distinct product lines. All LIU underwriting executives can be reached at www.liu-usa.com.

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"Despite the market challenges, our executives' expertise helped grow LIU's global net written premium by 21 percent in 2007," said David Cohen, president of LIU U.S. "It is this industry acuity, and the financial strength of Liberty Mutual Group, that attracted our new executives to LIU. We look forward to working with them as we continue to hold to our proven strategy of smart risk selection."

Liberty International Underwriters (www.liu-usa.com) provides a diverse range of specialty products distributed exclusively through the independent broker network. LIU has over 1,000 professionals globally who offer core products in marine, aviation, energy, engineering, construction, property, casualty, professional liability, directors & officers and trade credit insurance. Worldwide offices include North America, Europe and Asia Pacific. LIU is part of Liberty Mutual Group's International operations, which reported approximately $6.1 billion in revenue in 2007 and has 7,300 employees and operations in the U.S. and, now, 24 other countries.

About Liberty Mutual Group

Boston-based Liberty Mutual Group is a diversified global insurer and sixth largest property and casualty insurer in the U.S. based on 2007 direct written premium. The Company also ranks 95th on the Fortune 500 list of largest corporations in the U.S. based on 2006 revenue. As of December 31, 2007, Liberty Mutual Group had $94.7 billion in consolidated assets, $82.3 billion in consolidated liabilities, and $25.9 billion in annual consolidated revenue.

Liberty Mutual Group 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, assumed reinsurance, fire and surety.

Liberty Mutual Group (www.libertymutualgroup.com) employs over 41,000 people in more than 900 offices throughout the world.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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