Insuance 101
Liberty Mutual History
Focus areas and teams
Stupid answers
Four letter words
100

The ratio of losses to premiums

What is loss ratio?

100

Liberty was founded in this year

1912

100

Questionnaires

Dev Leppard

100

The purpose of the Rating Calculator, aka rate calc

It calculates Rate

100

The amount you must pay in exchange for coverage

Rate

200

Losses - expenses / premiums

Expense Ratio
200

Liberty has been a mutual company since it was founded, which means it is owned by this group

Policy holders

200

Exposure Summary

The Crows Have Eyes

200

THe Purpose of the bulk-task-creation service

Create tasks in bulk

200

The duration of a policy

Term

300

The combination of loss ratio and expense ratio

Combined Ratio

300

Liberty's current CEO is Tim Sweeney, this is our previous CEO

David Long

300
Rate Calc

Team Mars

300

The name of the app that helps us view third party data

Third-party-data-viewer

300

Uncertainty around the possibility of loss

Risk

400

Insurance that covers an employer's liability

Worker's compensation

400

Liberty acquired Safeco in this year

2008

400

Omnipath

The wolfhounds

400

The period during a policy where midterm claims occur

The middle of the term

400

The agency responsible for responding to natural disasters

FEMA

500

A person who investigates claims

Adjuster

500

First appearing in 2019, Liberty's commercials end with this jingle

Liberty, liberty, liiiberty, liiiberty

500

Vendor Automation

Code For Ransom

500

The name of the UI that house the atWork home page

Homeui

500

Damage to property or person

Loss

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