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Balance Sheet Cash Flow Statement 20 Custom House St. Boston, MA 02110 MA Tel. 617-951-0600 Fax 617-603-4837 |
Type: Public
On the web:
http://www.safetyinsurance.com
Employees:
599
Employee growth: 4.5%
Buckle up, Bostonians, car safety first! Safety Insurance Group, through its subsidiaries (Safety Insurance, Safety Indemnity Insurance, and Safety Property and Casualty), sells property/casualty insurance exclusively in its home state of Massachusetts. The company is one of the top three private passenger automobile and commercial automobile insurers in the state, controlling around 11% of each market. Safety Insurance Group also provides homeowners, dwelling fire, personal umbrella, and business-owner policies; it cross-sells its non-auto property/casualty products to increase its share of the market. The company sells its products through more than 800 independent agents located throughout Massachusetts.
Key numbers for fiscal year ending December, 2008:
Sales: $641.0M
One year growth: (4.3%)
Net income: $70.3M
Income growth: (19.6%)
Officers:
Chairman, President, and CEO: David F. Brussard
VP, CFO, and Secretary: William J. Begley Jr.
VP Management Information Systems and CIO: Daniel D. Loranger
Competitors:
Arbella Insurance
Commerce Group
Liberty Mutual
