Liberty International Underwriters Unveils Railroad Capability
NEW YORK--(BUSINESS WIRE)--Railroad and railroad support companies can now get comprehensive railroad specialty insurance from one source – Liberty International Underwriters (LIU), a part of Liberty Mutual Group. LIU’s new unit – LIU Railroad – provides general liability, excess casualty, property, and railroad protective coverage.
“While we have provided some railroad coverage in the past, we have now assembled a very experienced team that will focus on all specialty classes of railroad business,” said David Cohen, president of LIU U.S. “Dedicated specifically to railroad, our new team of specialists lets us write the full range of business from scenic railroad tours to city transit systems. And because we have the capability to include property coverage, which many others do not, brokers get the type of differentiator they have come to expect when working with LIU.”
The LIU Railroad team includes David Adamczyk, vice president; Robert Fellerath vice president; Cal Evans, assistant vice president; and Debbie Lawrence, senior underwriter. Brokers will work with Adamczyk and Fellerath on general liability and excess casualty, with Evans on property and with Lawrence on railroad protective.
For more information on the program, contact David Adamczyk at david.adamczyk@libertyiu.com.
Part of Liberty Mutual Group’s international operations, LIU provides specialty commercial lines of insurance worldwide, including casualty, directors and officers insurance, professional liability, fidelity, crisis management, marine, energy, construction, engineering, railroad, and reinsurance, distributed exclusively through the independent broker network. More information can be found at www.liu-usa.com.
Liberty Mutual Group’s International business, which has a meaningful presence in 24 countries, reported 2007 revenue of approximately $6.1 billion. Overall, the Liberty Mutual Group reported annual consolidated revenue of $25.9 billion for 2007.
About Liberty Mutual Group
Boston-based Liberty Mutual Group is a diversified global insurer and sixth largest property and casualty insurer in the U.S. based on 2007 direct written premium. The Company also ranks 94th on the Fortune 500 list of largest corporations in the U.S. based on 2007 revenue. As of December 31, 2007, Liberty Mutual Group had $94.7 billion in consolidated assets, $82.3 billion in consolidated liabilities, and $25.9 billion in annual consolidated revenue.
Liberty Mutual Group offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, commercial multiple peril, commercial automobile, general liability, global specialty, group disability, assumed reinsurance, fire and surety.
Liberty Mutual Group (www.libertymutualgroup.com) employs over 45,000 people in more than 900 offices throughout the world.
