Liberty Mutual - Enterprise Tech Ecosystem Series

Liberty Mutual - Enterprise Tech Ecosystem Series

Summary

This report provides insight into Liberty Mutual's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Liberty Mutual is a property and casualty insurance company. Through its subsidiaries and affiliated companies, the company offers a range of insurance products to individuals, families, and businesses. Its personal insurance portfolio includes auto insurance, home insurance, and life insurance. Its business insurance portfolio includes commercial auto and fleet insurance, general liability insurance, healthcare liability insurance, management liability insurance, professional liability insurance, property insurance, worker’s compensation, reinsurance, and third-party administration insurance. Meanwhile, Liberty Mutual Investments manages the company’s financial assets. The company’s business operations are conducted through two divisions: Global Retail Markets and Global Risk Solutions. Global Retail Markets focuses on expanding the company’s business across the world, while Global Risk Solutions offers specialty, property, casualty, and reinsurance products globally.

Scope

• Liberty Mutual focuses on the use of emerging technologies including Internet of Things, blockchain, artificial intelligence, cloud, big data, and cybersecurity to achieve operational efficiencies and offer better customer service.
• The company launched its Solaria Labs technology incubator in 2015 to develop new products that address unmet needs of customers.
• The company has invested in various insurtech and fintech companies - including Azibo, HOMEE, LeaseLock, Singular Cover, and REIN - to accelerate its digital transformation activities.

• Gain insight into Liberty Mutual's fintech operations.
• Discover its fintech strategies and innovation initiatives.
• Learn about its product launches, partnerships, and investments.