March 20, 2018 4:28 AM ET


Company Overview of Safeco Corporation

Company Overview

Safeco Corporation provides personal insurance coverage for protecting individuals and families. It offers auto, home and condo, boat, motorcycle, RV, umbrella, classic car, landlord protection, and renters’ insurance solutions. The company offers its products through local independent agents. Safeco Corporation was formerly known as General Insurance Company of America Corporation and changed its name to Safeco Corporation in 1968. The company was founded in 1923 and is based in Boston, Massachusetts with locations across the United States. As of September 22, 2008, Safeco Corporation operates as a subsidiary of Liberty Mutual Holding Company Inc.

175 Berkeley Street

Boston, MA 02116

United States

Founded in 1923

7,057 Employees





Key Executives for Safeco Corporation

President of Safeco Property and Casualty Insurance Companies
Age: 67
Chief Investment Officer and Senior Vice President
Age: 62
Chief Information Officer and Vice-President
Senior Vice President of Claims & Services
Age: 52
Compensation as of Fiscal Year 2017.

Safeco Corporation Key Developments

Safeco Insurance Appoints Tyler Asher as President

Liberty Mutual Insurance has named Tyler Asher president of Safeco Insurance. Asher most recently was Safeco's vice president, Distribution Insights, where he led strategy, planning, and innovation, in addition to managing operational and advanced analytics. During his nearly 18-year career with Safeco, Asher has served in a variety of roles spanning finance, accounting, management reporting and analysis. As part of the company's innovation efforts, Asher's team recently delivered Safeco's "Insurance Advisor" skill for Amazon Alexa, becoming the first insurance carrier to enable consumers to navigate the insurance process simply by using their voice. Asher succeeds Matthew D. Nickerson, who was recently appointed executive vice president and chief operating officer of Liberty Mutual Insurance's Global Consumer Markets East Region.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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