What is a Liberty Mutual bond?
As the largest surety in the world*, we provide surety bond solutions and guarantees to contractors and businesses of all sizes. With Liberty Mutual Surety, you get the financial strength, stability, and innovation of a global leader.
What companies are affiliated with Liberty Mutual?
Subsidiary companies
- American Fire & Casualty.
- America First Insurance.
- Colorado Casualty.
- Consolidated Insurance Company.
- Golden Eagle Insurance.
- Indiana Insurance.
- Liberty Mutual Surety.
- Liberty Surety First.
What is contract surety?
A surety is a person or party that takes responsibility for the debt, default or other financial responsibilities of another party. A surety is often used in contracts where one party’s financial holdings or well-being are in question and the other party wants a guarantor.
Does Liberty Mutual sell bonds?
Bonds for all-sized contractors At Liberty Mutual, we provide personal attention and a tailored approach to contract surety, offering a wide range of services for all-sized contractors.
Is Liberty Mutual owned by Safeco?
In September 2008, Safeco became part of Liberty Mutual Insurance. The financial strength of our parent company, combined with a national network of local independent agents, has enabled Safeco to focus exclusively on personal insurance.
Who is the owner of Liberty Mutual Insurance company?
LMHC Massachusetts Holdings, Inc.
Liberty Mutual/Parent organizations
How does insurance differ from a surety bond?
Insurance protects the business owner, home owner, professional, and more from financial loss when a claim occurs. Surety bonds protect the obligee who contracted with the principal to perform specific work on a project by reimbursing them when a claim occurs.
How many offices does Liberty Mutual Insurance have?
With offices in seven countries, LMS works with agents and customers worldwide to provide smart business solutions, ease of doing business, and consistent, responsive service. From first bond to jumbo capacity surety needs, LMS has the capabilities and professionals to underwrite all types of contractors and corporations.
Who is the international credit insurance and Surety Association?
The International Credit Insurance & Surety Association (ICISA) brings together the world’s leading companies that provide trade credit insurance and/or surety bonds. Founded in 1928 as the first trade credit insurance association, the current members account for over 95% of the world’s private credit insurance business.
What kind of rating does Liberty Mutual have?
With Liberty Mutual Surety, you get the financial strength, stability, and innovation of a global leader. Liberty Mutual has ratings of A from A.M. Best Company, A2 from Moody’s, and A from Standard & Poor’s.
How many offices does Liberty specialty markets have?
Based in London, and with approximately 65 offices in over 20 countries worldwide, Liberty Specialty Markets (LSM) offers broad expertise in underwriting and claims handling, providing brokers and clients a wide range of product capability and capacity for specialty markets worldwide.