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TMCNet:  Liberty International Underwriters Voted One of the Top Five Best Partners by Program Administrators

[December 17, 2012]

Liberty International Underwriters Voted One of the Top Five Best Partners by Program Administrators

NEW YORK --(Business Wire)--

In an independent survey of nearly 200 program administrators, global specialty insurer Liberty International Underwriters, part of the Global Specialty unit of Liberty Mutual Insurance, was voted one of the top five carriers "when it comes to being an excellent program partner." The findings come from the second annual survey conducted by Target (News - Alert) Markets Program Administrators Association (TMPAA).

In TMPAA's 2012 State of Program Business Study, program administrators were asked to define success criteria for programs and to assess carriers on their excellence as program partners. Of the 55 carriers program administrators worked with over the past five years, LIU was ranked fourth highest in partnership excellence.

"We are very pleased by our standing in the TMPAA survey and the confidence that administrators have in our ability to execute a successful program," said David Cohen, President of LIU U.S. "We have a strong reputation in the market that has always made us a draw for program administrators and the results of the survey bear that out. Creativity, a can-do attitude and responsibility are cornerstones of LIU's program business approach. We are always looking for new ideas for programs and while we may not be able to write everything presented to us, we're willing to listen. This approach translates into strong business relationships, including a willingness to outsource underwriting responsibility to program administrators."

LIU U.S. has over 50 programs including professional liability for Lawyers, Accountants, Architects & Engineers, Insurance Agents, Community Associations and Allied Healthcare professionals; casualty for Commercial Contractors, Auto Rental, Liquor Law Liability, Tow Trucks and Collateral Recovery and specialized Yacht insurance.

Program Administrators interested in working with LIU can contact Joe Peloso for liability programs, at 212-208-4114 or joseph.peloso@libertyiu.com or Jim Donovan for professional liability programs at 212-208-4188 or james.donovan@libertyiu.com or visit www.LIU-USA.com for more details.

About Liberty Mutual Insurance

"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2011 direct premiums written as reported by the National Association of Insurance Commissioners.

Liberty Mutual Insurance also ranks 84th on the Fortune 100 list of largest corporations in the U.S. based on 2011 revenue. As of December 31, 2011, Liberty Mutual Insurance had $117.1 billion in consolidated assets, $99.3 billion in consolidated liabilities, and $34.7 billion in annual consolidated revenue.

Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Insurance (www.libertymutualinsurance.com) employs over 50,000 people in more than 900 offices throughout the world.


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