CO CAVAN, Ireland - Liberty Insurance is to expand its operations in Cavan.
The global insurance giant which employs close to 50,000 people in thirty countries, currently employs 400 people in Ireland in its offices in Dublin and Cavan.
Established in 1912, Liberty, headquartered in Boston, Massachusetts, is the fifth largest property and casualty insurer in the world.
The group has established a new motor insurance claims servicing function in Cavan to help support it's global business. The operation will handle a portion of appraisal work for motor insurance from the U.S. including expanding use of photo estimations to expedite the claims process for U.S customers.
Liberty Insurance is currently recruiting applicants for administrative, support and management level positions in Cavan. This latest expansion will see Liberty's workforce in Ireland increase by 30% over the next three years.
"We continually seek opportunities to enhance our business and service models to meet the ever-changing needs of our customers," Tom McIlduff, CEO of Liberty Insurance said Wednesday. "This is an important development for our business operation in Ireland and I'm delighted to see that our expertise locally will support Liberty Mutual's motor insurance customers around the world."
Ireland's Minister for Business, Enterprise & Innovation Heather Humphreys said Wednesday: "Liberty Mutual has a strong connection to the county and the creation of new jobs is a great vote of confidence in what Cavan and the wider border region has to offer. I have no doubt that today's announcement will be welcomed by all those living in the local area."
IDA Ireland Executive Director Mary Buckley said Wednesday: "This news that Liberty Insurance is expanding its operations in Cavan with the creation of new jobs is most welcome and will be a huge boost to Cavan and the wider North West region. It demonstrates serious continued commitment by the U.S. parent company Liberty Mutual Insurance Group to the Cavan location."
(Pictured: Mary Buckley, Executive Director, IDA Ireland; Minister Heather Humphreys TD; Tom McIlduff, CEO of Liberty Insurance).