150 NEW JOBS have been announced for Liberty Mutual’s Blanchardstown office in Dublin.
The Boston-based Liberty Mutual Insurance Group said today that the new jobs represent an expansion of the company’s IT operations, which currently employ over 350 people in Belfast.
The new jobs will be phased in over the next two years, and will bring the company’s total workforce over the island of Ireland to more than 1,500 employees.
The expanded IT operations in Dublin will support the establishment of an IT Help Desk, a Security Operations Centre and a Software Engineering Unit.
Liberty Mutual Insurance Group today also announced that it has acquired the remaining 49 percent of Liberty Mutual Ireland Investment Holdings Limited, the parent company of Ireland-based Liberty Insurance Limited, from Tutelana Limited, a subsidiary of the Irish Bank Resolution Corporation.
Liberty Mutual Insurance Group is now the 100 percent owner of Liberty Insurance, which provides car, home and commercial insurance in Ireland.
James McGlennon, Chief Information Officer of Liberty Mutual Insurance Group, said: “The decision to invest in Dublin reflects the quality of IT graduates and experienced professionals available to support future growth.”
Speaking today, Richard Bruton, TD, Minister for Jobs, Enterprise and Innovation, said the news was “a further boost for the [technology] sector and for the economy”.
The Department of Jobs, Enterprise and Innovation is supporting the investment through IDA Ireland.
ICT Ireland, the Ibec group that represents the high-tech sector, described the announcement as “very encouraging”. Its director Paul Sweetman said: “Not only is Ireland viewed as a world class location for technology companies, it is also seen as a premier location for the technology divisions of corporations from broader sectors, such as financial services.”