Liberty General Insurance Ltd. is a joint venture between Liberty Citystate holdings PTE Ltd, a group company of US Headquartered Liberty Mutual Insurance Group, a leading multinational property and casualty group, Enam Securities, a privately owned and managed firm that makes long-term investments in listed companies, as well as backs entrepreneurs building valuable private companies and DP Jindal Group, an industrial conglomerate. Liberty India General Insurance commenced operations in 2013 with the aim of providing comprehensive retail, commercial and industrial insurance solutions. The company has an employee strength of 1200+ over a network of 110 offices in 95 cities across 29 states. Its partner network consists of about 5000 hospitals and more than 3100 auto service centres. The company offers health and personal accident insurance, car and two-wheeler insurance, employee compensation insurance, commercial insurance, fire and engineering insurance, marine insurance and other miscellaneous insurance products in India.
Liberty Mutual???s purpose is to help people embrace today and confidently pursue tomorrow. Keeping this promise means we are there when our policyholders throughout the world need us most.
In business since 1912, and headquartered in Boston, Mass., today Liberty Mutual Group is a leading global insurer with operations in 30 countries and economies around the world. It is fourth largest property and casualty insurer in the U.S. based on 2016 direct written premium data as reported by the National Association of Insurance Commissioners. Liberty Mutual also ranks 75th on the Fortune 100 list of largest corporations in the U.S. based on 2016 revenue. As of December 31, 2017, we had $39.4 billion in annual consolidated revenue. Liberty Mutual Group employs more than 50,000 people in over 800 offices throughout the world and offers a wide range of insurance products and services, including personal automobile, homeowners, commercial automobile, general liability, property, surety, workers compensation, specialty lines, and reinsurance.
Tracing its legacy to 1984, Enam is a privately owned and managed firm that makes long-term investments in listed companies, as well as backs entrepreneurs building valuable private companies.
Enam invests unlevered proprietary capital that keeps them free from constraints such as managing volatility, benchmark indexing and redemption pressures. This allows Enam to work closely with the owners and senior management of invested businesses, staying focused on long-term value creation. Over the past three decades, Enam have been fortunate to invest in some of India???s leading growth companies through various economic cycles.
Enam has a value based and relationship oriented culture and investment philosophy. Employing fundamental, bottoms-up research to identify companies with sustainable competitive advantages and execution capabilities, Enam are extremely focused on the quality of management teams and governance frameworks of the companies they invest in.
As an ethical investment firm, Enam does not invest in businesses that involve intoxication, gambling or anything that harms living creatures.
With its strong conviction, the D.P. Jindal Group business conglomerate has reserved its rightful position in the market as the largest Seamless & ERW steel pipes and tubes manufacturer of the country. Since its very inception, D.P. Jindal Group has pursued an unwavering path of growth despite national and international competition. Taking its futuristic approach forward, the Group has ventured into the power sector to generate renewable energies such as wind and solar, ensuring a cleaner and greener environment and now plan to venture in investment, finance, insurance and related areas.
The D.P. Jindal Group has a highly experienced talented team, contemporary technology, efficiency-oriented environment and state-of-the-art production capacity to help foster further growth of the organization as well as the economy of the nation.
To help people live safer, with more security. To go beyond what any insurance company might offer and become the attentive and empathetic insurer of choice for the country, ensuring commitments made to our customers, being easy to deal with, empowering our employees, and creating sustainable value for our promoters.
Long lasting customer relationships, maintaining transparency in all interactions, keeping them fair, and supporting our customers throughout the journey, delivering on every promise made.
Long term relationships with partners, helping them grow with us.
Providing fulfilling and challenging careers to all of our employees, through empowerment and personal growth.
It takes certain degree of trust to drive relationships, passion to make a difference, agility in responding to opportunities, commitment to delivering results, and continuous innovation and dignity and respect towards all, to help people live safe and more secure lives. These are the values that form the foundation of Liberty General Insurance Limited. We strongly believe in building our business on:
Building trusting relationships with all our stakeholders
Treating everyone fairly with dignity and respect
We exude positive energy and are passionate about what we do
We assess opportunities and respond with speed
We are committed to results and to deliver on our promise
Mr. Parag Ved is the Director and CEO Designate of Liberty General Insurance Ltd.
Parag Ved is a seasoned leader with a career that has spanned over 24 distinguished years, he has dedicated almost two decades exclusively to the insurance industry. Known for his dedication to innovation and excellence and his expertise in managing various strategic channels. Mr. Ved has showcased his prowess in the General Insurance industry.
His trajectory in the insurance sector has showcased his ability to drive sustainable growth by innovating and tailoring products to the unique demands of the Indian market. His tenure with industry stalwarts amply demonstrates his proficiency and efficacy in managing diverse strategic channels.
Mr. Ved holds a bachelor’s degree in Electronics Engineering from K.J Somaiya College of Engineering, Mumbai, and master’s in management from SVKM's Narsee Monjee Institute of Management Studies (NMIMS).
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Forbes Advisor India - Authored Articles
Forbes Advisor India - Authored Articles
Forbes Advisor India - Authored Articles
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Liberty Mutual Insurance Group Announces
New Joint Venture Partnership for Indian
Chances are that you are among a large number of people who forget to renew their vehicle insurance ....
Registration Number: 150 | ARN:Advt/2018/March/26 | CIN: U66000MH2010PLC209656
2019 Liberty General Insurance Ltd.
Reg Office: 10th floor, Tower A, Peninsula Business Park, Ganpat Rao Kadam Marg, Lower Parel, Mumbai - 400013
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