Liberty Mutual Increases Per Risk Property Insurance Capacity to $800M
Liberty Mutual’s National Insurance Property unit has increased its per risk capacity to $800 million from $600 million to help property owners and their brokers better manage mid-size and large risks.
According to Gregg Cunningham, general manager, National Insurance Property, the enhancement follows three new property forms introduced over the last 18 months.
The unit offers property as part of a single-carrier, shared and layered, or an all-lines solution; monoline equipment breakdown and inland marine.
Liberty Mutual is headquartered in Boston with operations in 30 countries and economies around the world. It offers a range of insurance products and services, including personal automobile, homeowners, commercial multi-peril, property, general liability, commercial automobile, surety, workers compensation, specialty lines, and reinsurance.