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Liberty Mutual Insurance Company is an American diversified global insurer and the sixth-largest property and casualty insurer in the world. [3] It ranks 71st on the Fortune 100 list of largest corporations in the United States based on 2020 revenue. [4]
It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. [3] [4] [citation needed] Travelers is incorporated in Minnesota, with headquarters in New York City, and its largest office in Hartford, Connecticut. [2]
Liberty General Insurance was started in 2013 as Liberty Videocon General Insurance, a joint venture between Liberty Mutual and Videocon Group. [3] In March 2018, Videocon sold its 51.3% stake in the venture to a combination of DP Jindal (26%) and Enam Securities (25.3%), [4] and the company was renamed Liberty General Insurance Limited.
Health Care Service Corporation United States: 46.7 19 Progressive Corporation United States: 46.4 20 The Allstate Corp United States: 45.8 21 Zurich Ins Group Ltd Switzerland: 44.8 22 HDI Germany: 44.2 23 Liberty Mutual United States: 43.7 24 Dai-ichi Life Japan: 43.4 25 Nippon Life Japan: 43.2
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A subsidiary of Liberty Mutual, Safeco provides auto insurance, homeowners insurance, and liability insurance. The company name is an acronym for Selective Auto and Fire Ensurance Company of America, or SAFECO (i.e., S.A.F.E. Co.).
Aflac CIO Shelia Anderson's approach to generative AI is conservative, but with the proper guardrails and education in place, the insurance company expects external use cases will be ready in 2025.