Le Lézard
Classified in: Business

Liberty Mutual Is Conducting A Strategic Review Of Pembroke


BOSTON, Oct. 18, 2018 /PRNewswire/ -- Liberty Mutual Insurance announced today that it is undertaking a strategic review of its London-based Pembroke Managing Agency Limited, acquired through the lronshore purchase in May of 2017. The company has retained Evercore to serve as its adviser through the process.

Liberty Mutual Insurance. (PRNewsFoto/Liberty Mutual) (PRNewsFoto/)

Pembroke, headquartered in London with hubs in the US, Middle East and Asia, underwrites a portfolio of specialty insurance products through Lloyd's (Syndicate 4000) and company paper, including: property, liability, political risks, marine and energy, accident and health, agriculture, and select specialist lines. Pembroke is also a specialist provider of Lloyd's managing agency services to third party capital supported syndicates.

Liberty Mutual does not plan on providing additional details of the review until its completion.  

About Liberty Mutual Insurance 

Liberty Mutual is the fifth largest property and casualty global insurer based on 2017 gross written premium, with nearly 50,000 employees in 30 countries and economies around the world. Our purpose is to help people embrace today and confidently pursue tomorrow. The promise we make to our customers throughout the world is to provide protection for the unexpected, delivered with care.  We achieve this by offering a full range of personal, commercial, and specialty property and casualty insurance coverages. Our customers' trust has earned us the 68th spot on the Fortune 100 list of largest corporations in the U.S., based on 2017 revenue. You can learn more about us by visiting www.libertymutualinsurance.com.

Media Contact:
Richard Angevine
Office: 617-574-6638
Mobile: 617-833-0926

SOURCE Liberty Mutual Insurance


These press releases may also interest you

at 04:00
BeCause Partners with the World Travel & Tourism Council to Advance More Sustainable Hotel Operations
BeCause, the Danish start-up transforming how the global hospitality, travel, and tourism industries manage their sustainability data, is simplifying the sustainability journey for members by integrating the industry association's Hotel...

at 04:00
DOCS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Doximity, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Doximity, Inc. ("Doximity" or "the Company") and certain of its officers....

at 04:00
TVM Capital Healthcare Announces US$ 17 Million Investment into neurocare
TVM Capital Healthcare, a specialist healthcare private equity firm headquartered in Dubai and...

at 04:00
Global Cyber Security Company, BlueVoyant, Chooses Leeds for Brand New Security Operations Centre and Customer Experience Centre
BlueVoyant, a cyber security company that illuminates, validates, and mitigates internal and external risks today announced the successful opening of its new Security Operations Centre (SOC) and Experience Centre in Leeds. The new centre is part of...

at 03:55
Kamux to new premises in Hyvinkää
Kamux, a company specializing in used cars, continues to renew its showroom network in Finland and moves its Hyvinkää showroom to larger premises. During May, the passenger car sales will move to Helletorpankatu in Hyvinkää, where Kamux and LänsiAuto...

at 03:30
Bloomberg Announces First Trade of EGB Market-On-Close Spread to BVAL Price
Bloomberg today announced that the first electronic list trade in European Government Bonds was executed on Bloomberg's Multilateral Trading Facility (MTF) referencing Bloomberg's Evaluated Pricing Service (BVAL) as the closing price. The trade was...

More news about Business...


News published on and distributed by: