Following Ironshore’s acquisition by Liberty Mutual in 2017 and integration as key part of the newly formed Global Risk Solutions, Liberty Mutual enables us to bring even greater scale, expertise, innovation and product offerings to market. As a combined operation with approximately $16 billion in gross written premium, brokers now have access to a top-tier insurer with greater capacity and product lines for a wide range of risks. In fact, we're part of the 3rd largest property and casualty insurer in the U.S. and the 5th largest in the world. With more than 30 offices around the globe, Ironshore is prepared to meet clients’ complex needs promptly, with local service on a global basis and in-depth underwriting experience across a broad spectrum of industries. Together is indeed better.
Boston-based LMHC, the parent corporation of the Liberty Mutual Insurance group of entities, is a diversified global insurer and third largest property and casualty insurer in the U.S. based on 2017 direct written premium. The Company also ranks 68th on the Fortune 100 list of largest corporations in the U.S. based on 2017 revenue. As of December 31, 2017, LMHC had $142.5 billion in consolidated assets, $121.8 billion in consolidated liabilities, $39.4 billion in annual consolidated revenue, and “A” ratings from both A.M. Best and Standard & Poor’s.