Started in 1912, Liberty International Insurance is comprised of 18 local country operations providing property, casualty, health and life insurance products to individuals and businesses in Latin America, Europe, and the Asia-Pacific region.
On a world-wide basis, they insure more than 6.2 million automobiles, employ more than 50,000 staff in more than 800 offices in 30 countries, rank 73 on the Fortune 500 list of America’s largest companies, and hold $121.7 billion in assets as of 2015. Today, it’s the 3rd largest US based international property & casualty insurance company.
Headquartered in Boston, Liberty Mutual Insurance entered the Hong Kong market in 1973 when they bought OTB Assurance Ltd. and renamed it to Liberty International Insurance in 1999.
Why we like Working with Liberty International Insurance
Financial strength is a very important factor when looking at an insurance company as a potential candidate to offer to our clients. Luckily, Liberty International Insurance has this in spades. Here are just some of their financial strength ratings according to some of the world’s most important rating agencies:
- A.M. Best Co. - 'A' (Excellent)
- Moody's - 'A2' (Good)
- Standard & Poor's - 'A' (Strong)
We would not recommend products from any insurance company we did not have faith in financially. An insurer with poor financial strength indicates poor financial management. This means in the case of a catastrophic event, they might not be around to pay losses to our clients. They will also have wildly fluctuating pricing which makes life hard for us and our clients. You don’t have to worry about any of that from Liberty International Insurance.
Liberty International and its group of companies are considered one of the strongest general insurance providers on Earth and they stick to their traditional values while looking to the future providing excellent service and innovative insurance products.
There is a good reason why Liberty International Insurance has over 800 offices around the world. By investing in these global offices, they’re able to develop local knowledge and be close to their customers.
Every business and jurisdiction is unique – and Liberty International recognizes that so they base specialists in your area. Another side benefit is that business gets done faster because we’re in close proximity with the insurer.
This benefit often goes under appreciated until they have a claim or need to get policy changes made quickly.
Over the past 100 years, the Liberty team has built up an encyclopedic knowledge of risk evaluation, pricing and management. The underwriting team at Liberty have seen everything from warships, airports and oil rigs to power plants and boards of directors.
When you work with Liberty, you’ll have access to a full team of underwriters, engineers and claims professionals who will work with your Trusted Union broker to tailor coverage to your specific needs.
Liberty International Insurance’s goal is very simple: “We partner with insurance brokers to bring value and solutions to more than 20,000 of Asia Pacific’s most significant business and government organisations – helping them protect what they earn, build and own.”
With this in mind, they focus on developing long term relationships with us and our clients with an emphasis on transparency, simplicity and flexibility.
Because they’re very much in line with our own goals, we would not hesitate to recommend Liberty International’s insurance products to anyone we might think is a good fit.
Due to its large size, deep knowledge and long history, Liberty International is able to offer a wide variety of general and life or health insurance products. Through Liberty International, we’re able to offer:
- Health Insurance
- Life Insurance
- Automobile Insurance
- Domestic Helper/Maid Insurance
- Travel Insurance
- Home Insurance
- Commercial Property Insurance
- Commercial Liability Insurance
Learn more about Liberty International Insurance or Get a Quote
We think Liberty Insurance HK is a great choice for individual and businesses seeking private automobile insurance, individual and group Life and Health insurance, office and commercial property insurance, maid insurance, home insurance, etc.
If you want to learn more about your coverage options or alternative insurers, speak with a licensed Trusted Union insurance advisor about your Liberty insurance Hong Kong needs. Quotes and consultations are free and come with no strings attached.