Liberty Mutual Group is a global insurance conglomerate that offers a wide range of insurance products and services. Liberty entered the Norwegian market through the agent HouseOfGuarantees (HOGS) in 2018 and grew to one of Norway’s largest surety providers. After several years of presence through HOGS as a general agent (MGA), Liberty has from February 2024 signed an agreement to take over all assets of HOGS. The acquisition reflects Liberty’s desire to strengthen its position in Norway and the Nordic region. Liberty Mutual Insurance Europe SE/ Liberty Specialty Markets are divisions of Liberty Mutual Group focusing on specialized insurance solutions for complex and unique risks. In addition to their comprehensive insurance services, they also offer Surety Bonds. Bonds are legal commitments that ensure the fulfillment of contractual or commercial obligations between two parties. This can range from advanced payment bonds, performance bonds to supply bonds and Subdivision bonds. Liberty Specialty Markets can provide tailored solutions covering a variety of business needs. The bonds solutions provide businesses with increased security and confidence in their professional relationships while ensuring that contractual obligations are met. It is also a tool for improving liquidity. With their global reach, depth of knowledge, and ability to adapt to the specific needs of customers, Liberty Specialty Markets is a reliable partner for those in need of both insurance coverage and guarantee solutions for their business. Liberty Mutual Surety, the world’s largest surety provider, assures that your bonds will still be guaranteed by Liberty Mutual Insurance Europe SE, which is rated “A” by Standard & Poor’s. Liberty Mutual has been in business since 1912 and is the fifth-largest global property and casualty insurance company based on 2022 gross premiums written. As of December 31, 2022, Liberty Mutual had $50 billion in annual consolidated revenue and $22.2 billion in total equity. https://business.libertymutual.com/ |