TRU Services Biggest Announcement Yet...
March 22, 2017
TRU Services is pleased to announce, along with Liberty Mutual Insurance...
We are pleased to announce that Liberty Mutual Insurance has signed a definitive agreement to acquire the assets of TRU Services, LLC. (“TRU”).
Now well into a second decade of bringing Medical Stop Loss coverage to a nationwide market, partnering with Liberty Mutual will enhance TRU’s ability to provide superior products and services to its existing markets and new markets.
Once the transaction is closed in Q2, the founders of TRU, Jerry and Anne Trupiano, along with the TRU team, will join Liberty Mutual’s Specialty Lines-focused business unit Liberty International Underwriters (LIU) as employees. TRU will continue in business as it does now, working with its current carrier partners for the remainder of the 2017 year, and will transition to directly writing Medical Stop Loss for LIU by January 1, 2018. Our staff will stay the same, experienced and devoted employees that have been with us for years; and they will remain your day to day contacts.
Jerry and Anne Trupiano founded the operation that is now TRU in 1995. From the beginning, they set out to build a company that reflected their shared values of integrity and superior service, and they are now fully committed to bringing these values to Liberty Mutual’s staff and client base.
Jerry Trupiano, co-founder of TRU, said: “Liberty Mutual provides a terrific platform for the TRU team to continue to grow and develop the business we’ve built up over the past two decades. Anne and I are thrilled to become part of the Liberty Mutual family.”
If you have any questions about this exciting news and what it will mean for you, please contact either Jerry or Anne Trupiano at TRU Services, LLC. We look forward to introducing you to our new partners and associates.
About Liberty International Underwriters
Part of Liberty Mutual Insurance, LIU distributes global specialty lines products and services exclusively through the independent broker network worldwide to insure specialized risk in most countries in the world.
From New York to Melbourne, LIU maintains underwriting consistency that leverages substantial global capacity while giving its underwriters broad local authority to deliver creative solutions that genuinely add value.
Visit www.LIU-USA.com to learn more.
About Liberty Mutual Insurance
Liberty Mutual Insurance is a diversified global insurer and fifth largest property and casualty insurer in the U.S. based on 2015 direct written premium. The Company also ranks 73rd on the Fortune 100 list of largest corporations in the U.S. based on 2015 revenue. As of December 31, 2016, Liberty Mutual Holding Company Inc. had $125.592 billion in consolidated assets, $105.205 billion in consolidated liabilities, and $38.308 billion in annual consolidated revenue.