Insurance firm in Quinn bid to create 35 jobs
Published 10/02/2011 | 08:00
A Boston based insurance firm is to grow its Belfast workforce to over 300 people.
Liberty IT will take on 35 new staff in the first half of the year, marking a 25% growth rate in new workers since the start of 2010 and bringing total staff levels to over 320 at its Adelaide Street offices.
The firm is a subsidiary of global insurer Liberty Mutual Group and was set up in Belfast in 1997 to provide support to numerous overseas operations.
Liberty IT has also announced that the Department for Employment and Learning will provide assistance with the training costs for the new recruits through the Assured Skills programme.
Edmund F Kelly, Liberty Mutual group chairman and chief executive, said that staff in Northern Ireland had helped the company's continued international success.
"The quality and dedication of the region's workforce is superb, which has helped Liberty IT sustain strong employment growth as it supports Liberty Mutual's strategic technology initiatives," he said.
William Hamilton, managing director of Liberty IT, added: "We have been creating jobs in Belfast since our inception in 1997, made possible in part because of the strong and essential support of partners such as the Department of Education and Learning. We thank them for their commitment."
Liberty Information Technology was named among the Top 50 UK companies by the 'Great Places to Work Institute' in 2010.
It is the fifth largest property and casualty insurer in the US and ranks 71st on the Fortune 500 list of largest corporations in the US.
Liberty Mutual Group employs over 45,000 people in more than 900 offices throughout the world.
Late last year the company teamed up with Anglo Irish Bank to bid for the takeover of doomed Quinn Insurance Limited.
Quinn Insurance, which has offices in Cavan and Enniskillen, is owned by businessman Sean Quinn and was placed into administration by Ireland's High Court in Dublin in March 2010.
The Anglo/Liberty bid may see the bank put as much as €600m (£500m) into QIL, with Liberty adding expertise.