Established in 2020, Liberty Assurance Limited is a dynamic Papua New Guinea–based insurance company founded by respected professionals and long-standing business leaders with a strong track record in the local market. Headquartered at MRDC Haus in the heart of Port Moresby’s business district, the Company is strategically positioned to serve clients across PNG with speed, accessibility, and responsiveness.
Liberty Assurance offers a comprehensive suite of insurance solutions designed to protect individuals, businesses, and institutions. Our underwriting portfolio includes Fire and Industrial Special Risks (ISR), Motor Insurance, Liability, Health, Travel Insurance, and other general insurance classes, tailored to meet the evolving risk landscape of Papua New Guinea.
The Company’s underwriting strength is reinforced by world-class reinsurance support. Our lead reinsurer, GIC Re, is one of the largest and most trusted multinational reinsurers globally, providing financial stability and global risk expertise. Our reinsurance program is structured through Toyota Tsusho, part of the globally renowned Toyota Group, ensuring best-in-class risk placement and governance.
Liberty Assurance is guided by a highly accomplished Board of Directors comprising eminent business leaders from Papua New Guinea and abroad, bringing strategic insight, strong governance, and international perspective. Our management team and staff collectively bring over 100 years of insurance industry experience, combining local market understanding with global best practices.
The Company is promoted by established business leaders in PNG with multi-million Kina turnover, alongside a seasoned insurance professional with over 38 years of experience in the Indian insurance market. This promoter has held senior leadership roles with leading multinational insurers and was most recently associated with an organisation writing over USD 1 billion in Gross Written Premium.
The Chief Executive Officer has more than 30 years of extensive insurance experience, having successfully led functions across General Management, Business Development, Underwriting, Claims, Reinsurance and Marketing, ensuring operational excellence and customer-centric delivery. He also brings valuable multinational exposure, having worked across India, Tanzania, Malawi, and Zambia, ensuring operational excellence and a strong customer-centric approach.
Driven by experience, innovation, and integrity, Liberty Assurance Limited is committed to delivering modern insurance solutions, seamless technology-enabled services, and internationally benchmarked products, while remaining deeply focused on the unique needs of the Papua New Guinea market.