Safety Insurance Group Overview

  • Year Founded
  • 1979

Year Founded

  • Status
  • Public

  • Employees
  • 539

Employees

  • Stock Symbol
  • SAFT

Stock Symbol

  • Investments
  • 1

  • Share Price
  • $83.42
  • (As of Friday Closing)

Safety Insurance Group General Information

Description

Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.

Contact Information

Formerly Known As
Safety Holdings
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Automotive Insurance
Other Industries
Property and Casualty Insurance
Commercial/Professional Insurance
Stock Exchange
NAS
Corporate Office
  • 20 Custom House Street
  • Boston, MA 02110
  • United States
+1 (617) 000-0000

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Safety Insurance Group Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$83.42 $86.75 $65.78 - $88.72 $1.24B 14.8M 49.3K $3.47

Safety Insurance Group Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 1,227,343 1,143,729 1,262,340 1,286,547
Revenue 980,034 925,946 785,061 864,719
EBITDA 73,588 32,187 66,715 171,688
Net Income 51,290 18,875 46,561 130,710
Total Assets 2,093,439 2,094,004 1,972,569 2,117,391
Total Debt 49,078 49,756 58,336 57,115
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Safety Insurance Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Safety Insurance Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also of
Automotive Insurance
Boston, MA
539 As of 2023
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Northbrook, IL
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Bloomington, IL
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Safety Insurance Group Competitors (19)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Allstate Corporation Northbrook, IL 00000 00.000 000000000 00.000
State Farm Mutual Automobile Insurance Company Private Debt Financed Bloomington, IL 00000 00.00 000000000 00.00
Liberty Mutual Insurance Company Corporate Backed or Acquired Boston, MA 00000 00.000 000000000000 00.000
Quincy Mutual Fire Insurance Company Corporation Quincy, MA
Donegal Group Corporation Marietta, PA 000 00000000
You’re viewing 5 of 19 competitors. Get the full list »

Safety Insurance Group Patents

Safety Insurance Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-3394300-A A method and system for delivering customer services to independent insurance agents Inactive 02-Mar-1999 000000000

Safety Insurance Group Executive Team (9)

Name Title Board Seat
George Murphy Chief Executive Officer & Chairman
Glenn Hiltpold Vice President
You’re viewing 2 of 9 executive team members. Get the full list »

Safety Insurance Group Board Members (6)

Name Representing Role Since
000000 000000 Safety Insurance Group Chief Executive Officer & Chairman 000 0000
00000 0000000 Safety Insurance Group Board Member 000 0000
000000 000000 Self Board Member 000 0000
You’re viewing 3 of 6 board members. Get the full list »

Safety Insurance Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Safety Insurance Group Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
North East Insurance Agency 01-Dec-2022 0000000000 Life and Health Insurance
To view Safety Insurance Group’s complete acquisitions history, request access »

Safety Insurance Group ESG

Risk Overview

Risk Rating

Updated October, 26, 2023

28.85 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

00.0

Percentile

Insurance

Industry

00 of 300

Rank

00.0

Percentile

Property and Casualty Insurance

Subindustry

00 of 89

Rank

00.00

Percentile

To view Safety Insurance Group’s complete esg history, request access »

Safety Insurance Group FAQs

  • When was Safety Insurance Group founded?

    Safety Insurance Group was founded in 1979.

  • Who is the founder of Safety Insurance Group?

    Richard Simches is the founder of Safety Insurance Group.

  • Who is the CEO of Safety Insurance Group?

    George Murphy is the CEO of Safety Insurance Group.

  • Where is Safety Insurance Group headquartered?

    Safety Insurance Group is headquartered in Boston, MA.

  • What is the size of Safety Insurance Group?

    Safety Insurance Group has 539 total employees.

  • What industry is Safety Insurance Group in?

    Safety Insurance Group’s primary industry is Automotive Insurance.

  • Is Safety Insurance Group a private or public company?

    Safety Insurance Group is a Public company.

  • What is Safety Insurance Group’s stock symbol?

    The ticker symbol for Safety Insurance Group is SAFT.

  • What is the current stock price of Safety Insurance Group?

    As of 19-Jul-2024 the stock price of Safety Insurance Group is $83.42.

  • What is the current market cap of Safety Insurance Group?

    The current market capitalization of Safety Insurance Group is $1.24B.

  • What is Safety Insurance Group’s current revenue?

    The trailing twelve month revenue for Safety Insurance Group is $980M.

  • Who are Safety Insurance Group’s competitors?

    Allstate, State Farm Mutual Automobile Insurance Company, Liberty Mutual Insurance Company, Quincy Mutual Fire Insurance Company, and Donegal Group are some of the 19 competitors of Safety Insurance Group.

  • What is Safety Insurance Group’s annual earnings per share (EPS)?

    Safety Insurance Group’s EPS for 12 months was $3.47.

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