North West Liberty Insurance Corp. wants to buy company Oregon
North West Liberty Insurance Corporation has announced the intention to purchase administrative authorization, Oregon Auto Insurance Company, in collaboration with its subsidiary, North Pacific Insurance Company.
Given that two of the largest regional insurers in the north-west, north-west of Liberty and North Pacific / Oregon self-insurance offering programmes for the Workers’ Compensation, other damages and accident insurance personal lines and blankets.
Together, the companies combined to almost $ 300 million in premium in Oregon, Washington and Idaho and in one of the largest regional damage and accidents insurers in the north-west.
Stuart Hall, chairman of North West Liberty, said that the combined strengths of both Liberty Northwest and Northeast Pacific / Oregon automobile insurance customers in the North West get more choice in programmes and products specific to their local needs.
According to Hall, the new venture represents many opportunities for both companies. Apart from long years of experience in the north-west, both Liberty Northwest and Northeast Pacific / Oregon, auto insurance product lines. With the merger of the financial strength and insurance and basic knowledge of customers, companies can be combined, develop new innovative programs to better serve businesses and consumers in the region.
As a supplier of private sector Workers’ Compensation Oregon, Idaho and Montana, North West Liberty, Workers’ Compensation Insurance Employers’ North-West since 1983. Liberty Northwest also offers commercial lines damage and accident insurance programs and has sites in Oregon, Idaho, Montana and Alaska.
North West Liberty is a subsidiary of Liberty Mutual Insurance Company. The Liberty Northwest Oregon and car insurance / North Pacific Insurance proposed purchase is part of a larger agreement in principle between Liberty Mutual and OneBeacon Insurance Group, a business partnership.
From North Pacific / Oregon car, which was founded in 1925, wrote a full range of communications lines and personal insurance products in Oregon, Washington and Idaho. With offices in Bothell, Washington, Portland, Ore.., North Pacific / Oregon car is a leading independent agency.
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