Liberty Mutual Insurance, founded in 1912 and headquartered in Boston, Massachusetts, is one of the largest property and casualty insurers in the world. Former Liberty Mutual CEO David H. Long led the company for over a decade, serving as President from 2010, Chief Executive Officer from 2011, and Chairman from 2013 until his retirement at the end of 2022. During his 40-year career at Liberty Mutual, Long transformed the company from a primarily domestic insurer into a diversified global insurance powerhouse, growing annual revenue from approximately $34 billion to over $49 billion. Under his leadership, the company consistently ranked among the top five U.S. property and casualty insurers and the Fortune 100.

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David H. Long – Quick Facts

Liberty Mutual Competitors

Liberty Mutual Insurance competes with the largest property and casualty insurers in the United States and globally. The key competitors of Liberty Mutual include:

• State Farm – largest U.S. property and casualty insurer by premiums written
• Allstate Corporation – major personal lines insurer and financial services company
• The Travelers Companies – leading commercial and personal property casualty insurer
• Progressive Corporation – one of the largest U.S. auto insurers
• AIG (American International Group) – global commercial and specialty insurance leader
• The Hartford Financial Services – prominent commercial lines and employee benefits provider
• Nationwide Insurance – diversified insurance and financial services mutual company
• GEICO (Berkshire Hathaway) – leading direct-to-consumer auto insurer

David Long Net Worth 2026 – Liberty Mutual CEO Salary

As of 2026, David H. Long net worth is estimated at approximately $80–90 million USD. During his tenure as Liberty Mutual CEO, Long was one of the highest-paid insurance executives in the United States. Since Liberty Mutual is a mutual company (not publicly traded), compensation details were disclosed through state regulatory filings rather than SEC proxy statements.

Liberty Mutual CEO Compensation – David Long (Selected Years)

Liberty Mutual Net Worth 2026 – Is Liberty Mutual Profitable?

Yes, Liberty Mutual is a highly profitable company. As a mutual company, Liberty Mutual is owned by its policyholders rather than public shareholders. Under Long’s successor Tim Sweeney, Liberty Mutual reported record financial results in 2024 with net income of $4.38 billion.

Liberty Mutual Financial Summary (FY2024)

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Liberty Mutual CEO Email Address | David Long Contact

David H. Long retired as Liberty Mutual CEO at the end of 2022 and as Chairman in April 2025. Since his retirement, his corporate contact details are no longer active. Below are the last known and historical contact details:

Career & Education – Company, University, & College

David H. Long spent his entire 40-year career at Liberty Mutual Insurance, rising from an entry-level financial analyst to Chairman, President, and CEO. His journey is a remarkable example of long-term corporate ascent within a single organization.

David Long Career Timeline

David Long joined Liberty Mutual in 1985 as a financial analyst in the company’s National Accounts division. Over the next two decades, he held progressively senior roles across multiple divisions, including underwriting and financial operations, mergers and acquisitions, and international operations.

Long played a key role in Liberty Mutual’s aggressive acquisition strategy, overseeing the purchases of Peerless Insurance, Indiana Insurance, and Golden Eagle Insurance, among others. He also founded the Liberty Mutual Agency Corporation, expanding the company’s independent agent distribution network.

In 2010, Long was named President, succeeding Edmund (Ted) F. Kelly. He became CEO in 2011 and Chairman in 2013, completing a full leadership transition. Under his stewardship, Liberty Mutual grew into a global insurance powerhouse operating in over 30 countries.

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Education

David Long Wiki – Age, Wife, Family, & More

Former Liberty Mutual CEO David H. Long (age ~65) was born in 1961 in Liverpool, New York. He is married to Stephanie Isgur Long, a fellow Hartwick College graduate. The couple owns a 5,700-square-foot home on Nantucket Island valued at approximately $2.3 million. Long keeps a relatively low public profile, consistent with his career at a mutual (non-publicly traded) company.

Notable Achievements & Recognitions

• 40-Year Liberty Mutual Veteran – One of the longest-tenured CEOs in the U.S. insurance industry, spending his entire career at a single company
• Global Expansion Architect – Transformed Liberty Mutual from a primarily domestic insurer into a global operation in 30+ countries
• Revenue Growth – Grew annual revenue from ~$34 billion to over $49 billion during his CEO tenure
• Fortune 100 Leader – Maintained Liberty Mutual’s position among the top Fortune 100 companies
• M&A Strategist – Led numerous successful acquisitions including Peerless Insurance, Indiana Insurance, and Golden Eagle Insurance
• Obama Administration Advisory – Reportedly considered for appointment to the Advisory Committee for Trade Policy and Negotiations (2014)

Long was known for his disciplined, low-key leadership style. He stepped down as CEO in January 2023, handing the reins to Timothy M. Sweeney, and fully retired from the Chairman role in April 2025 after 40 years with the company.

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About Liberty Mutual Insurance

Liberty Mutual Insurance is an American diversified global insurer headquartered in Boston, Massachusetts. Founded on July 1, 1912 as the Massachusetts Employees Insurance Association, the company originally provided workers’ compensation insurance following a landmark 1911 Massachusetts law. Today, Liberty Mutual is the sixth-largest property and casualty insurer in the world and ranks #87 on the Fortune 500 (2024).

As a mutual company, Liberty Mutual is owned by its policyholders rather than public shareholders. The company operates in more than 30 countries with over 900 offices and approximately 45,000 employees worldwide. Liberty Mutual’s first auto policy was issued in 1918, and the company name was changed from Massachusetts Employees Insurance Association to Liberty Mutual Insurance Company in 1917.

Frequently Asked Questions (FAQ)

Who is David H. Long?

David H. Long is the former Chairman, President, and Chief Executive Officer of Liberty Mutual Insurance. He served as CEO from 2011 to 2022 and as Chairman from 2013 until his retirement in April 2025. Long spent his entire 40-year career at Liberty Mutual, having joined the company in 1985 as a financial analyst.

Who is the current CEO of Liberty Mutual?

The current Chairman, President, and CEO of Liberty Mutual is Timothy M. Sweeney, who succeeded David Long as CEO in January 2023 and was elected Chairman in April 2025. Sweeney is a 30+ year Liberty Mutual veteran with dual Harvard degrees. Read more about Liberty Mutual CEO Timothy Sweeney.

What is David Long’s net worth?

As of 2026, David H. Long’s net worth is estimated at approximately $80–90 million USD. During his tenure as Liberty Mutual CEO, he was one of the highest-paid insurance executives in the United States, earning up to $19.7 million in total compensation in 2017.

What was David Long’s salary as Liberty Mutual CEO?

David Long’s total compensation peaked at approximately $19.7 million in 2017, which included a base salary and $9.9 million in deferred compensation. Since Liberty Mutual is a mutual company, his pay was disclosed through state regulatory filings rather than SEC proxy statements.

Where did David Long go to school?

David Long earned a Bachelor of Arts in Mathematics from Hartwick College in Oneonta, New York (1983) and a Master of Science in Finance from Boston College’s Carroll School of Management (1989). His wife Stephanie is also a Hartwick College graduate.

Is Liberty Mutual a publicly traded company?

No, Liberty Mutual is a mutual company, meaning it is owned by its policyholders rather than public shareholders. It does not trade on any stock exchange. Despite this, Liberty Mutual is one of the largest insurers in the world with $50.2 billion in annual revenue (2024) and ranks #87 on the Fortune 500.

Article last updated:January 2026March 2, 2026