Liberty Mutual Is Conducting a Strategic Review of Pembroke

Liberty Mutual Insurance announced today that it is undertaking a strategic review of its London-based Pembroke Managing Agency Limited, acquired through the lronshore purchase in May of 2017. The company has retained Evercore to serve as its adviser through the process.

Source: Liberty Mutual | Published on October 19, 2018

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Pembroke, headquartered in London with hubs in the US, Middle East and Asia, underwrites a portfolio of specialty insurance products through Lloyd’s (Syndicate 4000) and company paper, including: property, liability, political risks, marine and energy, accident and health, agriculture, and select specialist lines. Pembroke is also a specialist provider of Lloyd’s managing agency services to third party capital supported syndicates.

Liberty Mutual does not plan on providing additional details of the review until its completion.