Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in the United States. The company's private passenger automobile policies offer coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own vehicle for collision or other perils. It also provides commercial automobile policies that offer insurance for commercial vehicles used for business purposes, including private passenger-type vehicles, trucks, tractors and trailers, insure individual vehicles, and commercial fleets; and homeowners policies, which provide coverage for homes, condominiums, and apartments for losses to a dwelling and its contents from various perils, and coverage for liability to others arising from ownership or occupancy. In addition, the company offers business owners policies that cover apartments and residential condominiums, restaurants, office condominiums, processing and services businesses, special trade contractors, and wholesalers. Further, it provides personal umbrella policies, which provide personal excess liability coverage over and above the limits of individual automobile, watercraft, and homeowner's insurance policies; and commercial umbrella and business owner policies, as well as underwrites dwelling fire insurance for non-owner-occupied residences. Additionally, the company offers inland marine coverage for homeowners and business owner policies, and watercraft coverage for small and medium sized pleasure crafts. It distributes its products through independent agents. The company was formerly known as Safety Holdings Inc and changed its name to Safety Insurance Group, Inc. in April 2002. Safety Insurance Group, Inc. was founded in 1979 and is headquartered in Boston, Massachusetts.

Safety Insurance Group, Inc.

Safety Insurance provides various insurance products including auto, homeowners, and business insurance. These services are self-described as intended to protect families and businesses.

Safety Insurance

Safety Insurance | 4,207 followers on LinkedIn. We&#39;ll help you manage life&#39;s storms  | &quot;The key to our success: Service.&quot;​

&quot;The key to our customers&#39;​ success: Safety.&quot;​ 

Safety Insurance was founded in 1979 with a belief that we would succeed as a company if customers were given the best possible service.

Keith Carangelo

Kevin Kelly

Knowledgeable And Innovative

Kai Lee

Caroline Sullivan

Celebrate National Disability Employment Awareness Month this October! It's the perfect opportunity to recognize and appreciate the significant contributions individuals with disabilities bring to the workforce. Together, let's raise awareness, break down barriers, and foster a work environment that values diversity and inclusivity for everyone. To learn more about #NDEAM , visit: https://bit.ly/4gTbMrI

If you’ve had the same amount of coverage on your home for several years, you’re probably underinsured. It’s important as a homeowner to work with your agent to ensure you have enough coverage to rebuild in the event of a loss. Learn more about the importance of insuring your home to the correct value: https://bit.ly/3BnkkGU #ManageLifesStorms

We had a great time this weekend at the 2024 Big Event in Boston! Thank you to the Massachusetts Association of Insurance Agents (MAIA) for hosting and to all the vendors and attendees who stopped by the Safety booth and came to the afternoon bash. We enjoyed connecting with you all! #MAIABigEvent2024 #ProudSponsor

Come visit our booth at the Massachusetts Association of Insurance Agents (MAIA) Big Event 9/27-9/28 and join us for the Saturday night reception sponsored by Safety Insurance! Enjoy apps, drinks, games, and so much more! Music by Carolyn Rae & the Rumors! See you there! Check out the full schedule here: https://maiabigevent.com/

What a beautiful night at Rooftop at the Envoy for our company gathering! It was so wonderful seeing new and familiar faces of Safety! We hope you all enjoyed it, and we thank you for your continued hard work.

We're #hiring a new Commercial Lines Underwriter in Greater Boston. Apply today or share this post with your network.

For our last Intern Spotlight of the summer, we would like to highlight Noah Safar ! Noah attends the University of Tampa pursuing a Bachelor’s degree in Communication. He chose UT because he wanted to be somewhere warm year-round, live in a city, and liked that the average class size is about 20 students. He also loved the layout and how it is located on the Hillsborough River directly across from the heart of downtown Tampa. For fun, Noah enjoys weightlifting, running, fly fishing, traveling, and researching stocks. We extend our appreciation for his contributions and are thrilled to share the news that Noah will be returning to us after graduation, having accepted a full-time position at Safety!

Meet Steven Schneekloth ! Steven is attending The University of Alabama , pursuing a degree in accounting. He chose to go to the University of Alabama because he wanted to go to school in a different part of the country and attend a great business school. Alabama checked both of those boxes. He is part of a fraternity where he has held several leadership positions. In his free time, he likes to hang out with family and friends, as well as watch sports, play golf, and go fishing. We are thankful for his contributions and happy we will have Steven back upon graduation as he has accepted a full-time position at Safety!

Up next for our intern of the week is Luke Desmond ! Luke is a rising senior at The University of New Hampshire pursuing a bachelor's degree in Information Systems and Business Analytics (ISBA). He transferred to UNH after completing his freshman year at Michigan State University, because the ISBA program piqued his interest in analytics, and UNH offered room for growth and a sense of familiarity. He is a part of the Alpha Tau Omega fraternity at UNH which is a leadership and development fraternity. Luke likes to play golf, and basketball, likes to do puzzles, and spends a lot of time with friends and family. We are happy to announce that after Luke completed his internship with us, he accepted a full-time position with us. We can’t wait to see what your future holds.

Meet our first intern of the week! Emma Forsyth ! Emma attends the University of North Carolina Wilmington and is pursuing a Business Degree focusing on Marketing. She chose UNC because it has a great business program and liked the area where the school is located—right near the beach! She is involved in the Marketing club and, in her spare time, likes to sail, shop, read, crochet, and watch reality TV. Thank you for your time and contributions this summer. We wish you well!

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	745.28M -	777.92M 4.38%	795.57M 2.27%	816.64M 2.65%	837.03M 2.50%	829.58M 0.89%	875.82M 5.57%	840.40M 4.04%	864.72M 2.89%	785.06M 9.21%	920.86M 17.30%
cost of revenue
gross profit	745.28M -	777.92M 4.38%	795.57M 2.27%	816.64M 2.65%	837.03M 2.50%	829.58M 0.89%	875.82M 5.57%	840.40M 4.04%	864.72M 2.89%	785.06M 9.21%	920.86M 17.30%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses
research and development expenses
other expenses	658M -	695M 5.62%	827M 18.99%	726M 12.21%	752M 3.58%	732M 2.66%	-752.13M 202.75%	-665.63M 11.50%	-700.45M 5.23%	245.15M 135.00%	-264.38M 207.85%
cost and expenses	657.60M -	694.60M 5.63%	824.21M 18.66%	723.36M 12.24%	750.33M 3.73%	725.33M 3.33%	752.13M 3.70%	665.63M 11.50%	700.45M 5.23%	725.48M 3.57%	-906.68M 224.98%
operating expenses	658M -	695M 5.62%	827M 18.99%	726M 12.21%	752M 3.58%	732M 2.66%	-752.13M 202.75%	-665.63M 11.50%	-700.45M 5.23%	245.15M 135.00%	264.38M 7.85%
interest expense	89K -	90K 1.12%	90K 0%	90K 0%	90K 0%	90K 0%	90K 0%	440K 388.89%	522K 18.64%	524K 0.38%	818K 56.11%
ebitda	100.10M -	96.53M 3.57%	-15.96M 116.53%	107.44M 773.30%	91.83M 14.54%	109.81M 19.58%	129.17M 17.63%	182.30M 41.13%	171.17M 6.11%	61.96M 63.80%	14.11M 77.23%
operating income	87.69M -	83.32M 4.98%	-28.64M 134.38%	93.28M 425.65%	86.79M 6.96%	104.34M 20.22%	123.68M 18.54%	174.77M 41.31%	164.27M 6.01%	60.27M 63.31%	5.46M 90.95%
depreciation and amortization	12.33M -	13.12M 6.47%	12.60M 4.01%	14.07M 11.72%	5.04M 64.21%	5.47M 8.54%	5.49M 0.33%	7.53M 37.23%	6.90M 8.38%	1.69M 75.45%	8.66M 411.28%
total other income expenses net	18.68M -	18.54M 0.74%	18.13M 2.22%	17.70M 2.37%	18.07M 2.09%	-90K 100.50%				-688K -	18.88M 2,844.19%
income before tax	87.69M -	83.32M 4.98%	-28.64M 134.38%	93.28M 425.65%	86.70M 7.06%	104.25M 20.24%	123.68M 18.64%	174.77M 41.31%	164.27M 6.01%	59.58M 63.73%	18.88M 68.31%
income tax expense	26.34M -	23.96M 9.01%	-14.79M 161.73%	28.70M 294.00%	24.31M 15.28%	21.06M 13.40%	24.08M 14.36%	36.56M 51.82%	33.56M 8.20%	13.02M 61.20%	5.54M 57.41%
net income	61.35M -	59.35M 3.26%	-13.85M 123.34%	64.58M 566.22%	62.39M 3.40%	83.19M 33.35%	99.60M 19.72%	138.21M 38.76%	130.71M 5.43%	46.56M 64.38%	18.88M 59.46%
weighted average shs out	15.35M -	15.11M 1.61%	14.87M 1.59%	14.95M 0.54%	15.01M 0.43%	15.08M 0.46%	15.20M 0.80%	15.00M 1.31%	14.83M 1.16%	14.61M 1.49%	14.66M 0.39%
weighted average shs out dil	15.40M -	15.20M 1.32%	14.87M 2.17%	15.03M 1.11%	15.14M 0.69%	15.23M 0.62%	15.34M 0.71%	15.12M 1.43%	14.93M 1.28%	14.71M 1.44%	14.71M 0.00%
eps	4 -	3.93 1.75%	-0.93 123.66%	4.29 561.29%	4.13 3.73%	5.52 33.66%	6.52 18.12%	9.25 41.87%	8.85 4.32%	3.20 63.84%	1.28 60%
epsdiluted	3.98 -	3.91 1.76%	-0.93 123.79%	4.27 559.14%	4.10 3.98%	5.46 33.17%	6.46 18.32%	9.18 42.11%	8.80 4.14%	3.18 63.86%	1.28 59.75%

COM:SAFETYINSURANCE

Safety Insurance

Last Close

84.77

22/11 21:00

Market Cap

1.13B

Beta: -

Volume Today

79.73K

Avg: -

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