LP profile · Corporate
Liberty Life Assurance Company of Boston
Liberty Life Assurance Company of Boston is a corporate headquartered in United States (North America). Ranked #159 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- Liberty Life Assurance Company of Boston was established in 1964 as a subsidiary of Liberty Mutual Insurance Company.
- The company was created to provide a range of individual and group life insurance products.
Source of Capital
- As a former component of the Liberty Mutual Insurance Group, its capital was derived from the parent company's insurance operations and investments.
Major Events
- In January 2018, Liberty Mutual announced an agreement to sell Liberty Life Assurance Company of Boston to Lincoln Financial Group.
- The acquisition was finalized on May 1, 2018. As part of the transaction, Lincoln Financial Group retained the group benefits business while the individual life and annuity business was reinsured to Protective Life Insurance Company.
Allocation Strategy
- No information available.
Sources
- https://www.company-histories.com/Liberty-Mutual-Holding-Company-Company-History.html
- https://www.mass.gov/doc/liberty-mutual-insurance-company-3/download
- https://www.libertymutualgroup.com/about-lm/investor-relations/documents/lnc-llac-press-release-jan2018.pdf
- https://www.businesswire.com/news/home/20180501006818/en/Lincoln-Financial-Group-Completes-Acquisition-of-Liberty-Life-Assurance-Company-of-Boston