Liberty Mutual Insurance is a multi-line international insurance company founded in 1912, headquartered in Boston, Massachusetts, USA. With over 800 offices in 29 countries and regions worldwide and approximately 45,000 employees, it ranked as the 6th largest international property and casualty insurance company globally based on 2020 data. It was listed 285th in the 2022 Fortune Global 500.
Liberty Mutual Insurance Company is the wholly-owned subsidiary of Liberty Mutual Insurance Group in China. Liberty Mutual Insurance began entering China by establishing an office in 1996. In 2003, it set up a branch in Chongqing, China, designating the development of the Chinese market as a key strategy and officially entering China’s western region. In 2007, the Chongqing branch of Liberty Mutual Insurance was approved by the China Insurance Regulatory Commission to be upgraded to a wholly-owned subsidiary in China and officially renamed Liberty Mutual Insurance Company, becoming the first Fortune Global 500 enterprise to locate its China headquarters in Chongqing. Since 2009, Liberty Mutual Insurance has successively established branches in Chongqing, Beijing, Zhejiang, Ningbo, Guangdong, Shandong, Sichuan, Shijiazhuang, Tianjin, Henan, and Yunnan, continuously introducing foreign insurance services into more Chinese markets rapidly and steadily. In 2015, Liberty Mutual Insurance obtained a motor vehicle commercial insurance telemarketing operation license, marking its official entry into China’s vehicle insurance online and telemarketing market.
The main translation content of Tangneng Translation’s current cooperation involves information such as company job postings, with the language involved being Chinese-to-English translation. As a professional translation company that has served over 100 Fortune Global 500 clients, Tangneng Translation has provided translation services in the insurance industry for clients including but not limited to foreign property and casualty insurance companies such as AXA Tianping, Ping An Insurance of China, and Changjiang Endowment Insurance under China Pacific Insurance. Services include written translation of corporate copy, internal promotional materials, news cases, and other related documents in multiple languages, covering English, Spanish, Portuguese, Russian, Italian, German, Japanese, French, and other minor languages.
Following this cooperation, Tangneng Translation will continue to deliver high-quality oral and written translation services, empowering clients’ globalization processes with timely, meticulous, professional, and reliable services.
