We are a leading provider of private passenger automobile insurance in Massachusetts. In addition to private passenger automobile insurance (which represented 74.6% of our direct written premiums in 2007), we offer a portfolio of property and casualty insurance products, including commercial automobile (13.3% of 2007 direct written premium), homeowners (9.3% of 2007 direct written premium), dwelling fire, umbrella and business owner policies. Operating exclusively in Massachusetts through our insurance subsidiaries, Safety Insurance Company, Safety Indemnity Insurance Company, and Safety Property and Casualty Insurance Company, we have established strong relationships with 814 independent insurance agents in 916 locations throughout Massachusetts. We have used these relationships and our extensive knowledge of the Massachusetts market to become the second largest private passenger automobile carrier, capturing an approximate 11.4% share of the Massachusetts private passenger automobile insurance market, and the third largest commercial automobile carrier, with an 11.1% share of the Massachusetts commercial automobile insurance market in 2007. We were incorporated under the laws of Delaware in 2001, but through our predecessors, we have underwritten insurance in Massachusetts since 1979.

Our share of the Massachusetts private passenger automobile insurance market has grown from 10.4% in 2002 to 11.4% in 2007. We have maintained profitability in part by leveraging our technology to improve employee productivity and manage our cost structure. Over the same period, our insurance subsidiaries have maintained an "A" rating from A.M. Best Company.