Liberty Mutual U.K. Company expands presence in Europe.Liberty Mutual Insurance Co.'s U.K. operation is expanding its presence in continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. with the opening of a new office in Cologne Cologne (kəlōn`), Ger. Köln, city (1994 pop. 962,500), North Rhine–Westphalia, W Germany, on the Rhine River. It is a commercial, financial, and industrial center, a rail and road junction, and a river port. , Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). , and added capabilities in its Paris office.London-based Liberty Mutual Insurance Co. (U.K.) Ltd. also changed its name to Liberty Mutual Insurance Europe Europe (y  r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). Ltd. to reflect its
expansion strategy in Europe, the company said.
"There is a growing demand for specialty products in Europe at the E same time that available capacity is shrinking," said Scan Rocks, Liberty Mutual Europe's chief executive officer, in a statement. "With some insurance carriers dropping important lines of coverage or dropping out of the market completely, we believe there is an opportunity for us to apply our capacity and insurance solutions." |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion