Liberty Mutual
This is the name of the recognition program at Liberty Mutual Insurance.
What is Shine?
VIN
What is Vehicle Identification Number?
This term describes the amount the policyholder must pay out-of-pocket before the insurance company pays a claim.
What is a deductible?
What is 1912?
This geometric shape is used to display the development of insurance claims over time, typically showing how losses mature across different reporting periods.
What is a triangle?
This is Liberty Mutual's Business Strategy slogan
What is Win with purpose, together?
SIU
What is Special Investigations Unit?
This a four word phrase commonly used to define Reinsurance.
What is "insurance for insurance companies"
This company is known for providing highly specialized insurance services including coverage for the Titanic.
What is Lloyd's of London?
This type of table displays the probability of a person dying before their next birthday, often used in life insurance.
What is a mortality table?
This is the number of "Core" Holidays that employees are given in a year.
What is 10?
PIP
What is Personal Injury Protection?
This is an insurance professional who evaluates a risk to determine if an insurance company will insure it and also determines the pricing.
What is an Underwriter?
This famous fire in 1666 led to the development of fire insurance.
What is the Great Fire of London?
It is what the PV stands for in this formula:
PV = FV/(1 + i) n
What is the Present Value?
This is Liberty’s new mental well-being benefit and Employee Assistance Program where you can get up to 12 free therapy visits per year.
What is Spring Health?
OSHA
What is Occupational Safety and Health Administration?
This type of life insurance provides lifelong coverage and includes a savings component that builds cash value over time.
What is Whole Life insurance?
The first known insurance contract was signed in 1347 in this country.
What is Italy?
This concept describes the phenomenon where a higher-risk individual is more likely to purchase insurance.
What is adverse selection?
He plays Doug in the "Limu Emu and Doug" advertising for Liberty Mutual
Who is David Reed Hoffman?
COBRA
What is Consolidated Omnibus Budget Reconciliation Act?
This type of insurance provides protection beyond existing limits and coverages of other policies.
What is Umbrella Insurance?
In Connecticut in the 1880s, the first organized crop insurance company was formed by a group of farmers that grew this crop.
What is tobacco?
This model is commonly used for pricing options contracts and helps investors determine the value of options they're considering trading.
What is the Black-Scholes model?