LMB is one of Liberty’s most profitable division, as noted by the VIP payout.
We are attractive to LFG because of our success, experience and high profile clients which complements LFG mid size employer book of business.
I suspect front line staff and managers are safe - there may be redundancy at more Senior/Exec positions.
Rest of 2018 won’t see much change. 2019 is when some cuts could be made or see a change in processes.
But, we’re all guaranteed an offer letter with same salary and equivalent position.
I’d be more concerned about cuts with Commercial Insurance, overall.