COLORADO SPRINGS, Colo. - The United States Olympic Committee today announced that Liberty Mutual Insurance will be an official sponsor of the 2014 and 2016 U.S. Olympic and Paralympic Teams in Sochi, Russia, and Rio de Janeiro, Brazil. The sponsorship designates Liberty Mutual as the Official Property and Casualty and Life Insurance Partner.
"We are excited to join the Olympic and Paralympic Movements through our sponsorship of Team USA," said David H. Long, president and chief executive officer of Liberty Mutual Insurance. "Liberty Mutual Insurance has long celebrated the dreams of athletes, supporting youth athletics through our Responsible Sports program, and we look forward to continuing that support during the 2014 and 2016 Olympic and Paralympic Games."
Liberty Mutual's sponsorship of the USOC will take effect in January of 2013.
"I am happy to welcome Liberty Mutual to the family of great USOC sponsors, and I am eager to work together over the coming years in support and celebration of Team USA athletes," said Scott Blackmun, chief executive officer of the USOC. "Liberty Mutual is dedicated to sport at all levels - from youth sports to the highest level of international competition - and it will be a great partner to our U.S. Olympic and Paralympic athletes."
In addition to supporting Team USA, Liberty Mutual's Responsible Sports™ program supports volunteer youth sports coaches and parents who help children succeed both on and off the field. Since 2007, the Liberty Mutual Responsible Sports program has supported youth sports organizations across the country through partnerships with the Positive Coaching Alliance, Amateur Softball Association of America, American Youth Soccer Organization, USA Hockey, USA Wrestling and US Youth Soccer.
About Liberty Mutual Insurance:
"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2011 direct premiums written as reported by the National Association of Insurance Commissioners.
Liberty Mutual Insurance also ranks 84th on the Fortune 100 list of largest corporations in the U.S. based on 2011 revenue. As of December 31, 2011, Liberty Mutual Insurance had $117.1 billion in consolidated assets, $99.3 billion in consolidated liabilities, and $34.7 billion in annual consolidated revenue.
Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety. Liberty Mutual Insurance employs over 50,000 people in more than 900 offices throughout the world.
About the USOC :
Founded in 1894 and headquartered in Colorado Springs, Colo., the U.S. Olympic Committee serves as both the National Olympic Committee and National Paralympic Committee for the United States. As such, the USOC is responsible for the training, entering and funding of U.S. teams for the Olympic, Paralympic, Youth Olympic, Pan American and Parapan American Games, while serving as a steward of the Olympic and Paralympic Movements throughout the country. For more information, visit TeamUSA.org.