Safety Insurance Group Inc (SAFT) company profile

Safety Insurance Group provides personal and commercial property and casualty insurance products. Its primary offerings include private passenger automobile, commercial automobile, and homeowners insurance. The company also provides business owner policies, dwelling fire coverage, personal and commercial umbrella insurance, as well as inland marine and watercraft endorsements. Its operations serve individual consumers seeking coverage for personal vehicles, residences, and excess liability, as well as small- to medium-sized commercial clients, such as restaurants, offices, trade contractors, and wholesale businesses.

The company operates exclusively within Massachusetts, New Hampshire, and Maine through four insurance underwriting subsidiaries. It distributes its policies entirely through an independent agent network comprising 797 independent agencies across 1,063 office locations with approximately 10,853 customer service representatives. Safety Insurance Group maintains its corporate headquarters in Boston, Massachusetts.

Summary of the business section of Safety Insurance's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“At December 31, 2025, we employed 568 employees who all work in the New England region.”