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Liberty Mutual Introduces New Package Product For Middle Market

To offer the general liability coverage businesses need

The agents and brokers serving the middle market can now have the access of a new Liberty Mutual package product, Package Solution which features property coverages, offers the general liability coverage businesses need and provides additional coverages that are tailor-made to suit specific industries.

Package Solution is a multi-line offering that combines a proprietary commercial property form with broad general liability, crime and/or inland marine coverages.

David Blessing, chief underwriting officer of Liberty Mutual middle market, said: “Combining a package product with our industry-leading workers compensation offerings and strong service capabilities makes Liberty Mutual an even more attractive solution for agents and brokers serving the middle market.”

The Package Solution is available with 10 industry-specific endorsements that meet the needs of retail, restaurant, hospitality, manufacturing and other industries.

The new package product includes enhanced general liability coverage that addresses many common needs, such as named additional insured, unintentional failure to disclose, mental anguish with bodily injury. Liberty Mutual backs the new Package Solution product with strong claims management, loss control, and account management services.

Liberty Mutual launched its Middle Market strategic business unit in January 2009 to provide property and casualty insurance products through agents and brokers.