Property and casualty insurance provider Liberty Mutual Agency Corp. on Monday filed with U.S. regulators to go public through a $100 million offering.
The company, which is owned by Liberty Mutual, said it will use proceeds from the offering repay a portion of debt.
The Boston-based company offers commercial and personal property and casualty insurance coverage to small and mid-size businesses and individuals in the United States. It also provides contract and commercial surety bonds.
For the year ended December 31, the company said its revenue rose 50.3 percent to $10.93 billion, helped by a rise in net premiums earned, which was up 44.4 percent to $9.98 billion.
The underwriters are led by Citigroup Global Markets and Merrill Lynch, Pierce, Fenner & Smith.





